Principal International are delighted to advise of the release of the JQ Hotel operated by "Macdonald Hotels & Resorts", a superb new 4* UK hotel investment in the city of Birmingham, within the vibrant Jewellery Quarter, with excellent yields, non status finance and a defined exit strategy.
Investors can capitalise, with hotel rooms available for just £89,950. These rooms offer an affordable opportunity to enter this exciting sector of the property market and are priced from some 23% below the RICS valuation. The rooms offer projected yields up to 11% net with the comfort of a 2 year guaranteed minimum return. 50% non status finance is available. The investment also has the benefit of a guaranteed buy back.
Birmingham's hotel market is displaying signs of frustrated demand during key events at the National Exhibition Centre venues, providing the ability for local hotels to optimise room rates and occupancy. There is a severe under supply of 4* hotels within the Jewellery Quarter with just one hotel currently supplying demand, therefore there is limited competition for the JQ Hotel, which will have the added benefit of car parking; a rarity for city centre hotels.