Investment Property - Needham House, 1-Bed Property For Sale in Stevenage., United Kingdom
Location: Stevenage., United Kingdom
Beds: 1
Baths: 0
Property Type:
Garden: No
Price: £180,000.00
Property Description
Hotel Investment Property that gives 10% Guaranteed Income for 10 Years
Investment Highlights
Price: Rooms from 180,000
Details:
Completed & Operational Hotel
Located 35 Mins form London
Managed by Chteauform
50% Non Status Developer Finance
10% Guaranteed Income / 10 Yrs
Secure Exit Strategy at Year 5
Official Launch Feb 2013
Hotel Investment Opportunity
Building on the success of their first venture in the UK market at Hever Hotel & Country Club, Europes Premier conference operator Chteauform have agreed to run and operate Needham House in Wymondley Stevenage.
The hotel will be run on a 10 year renewable agreement as part of a joint expansion plan to replicate the Chteauform model in and around Europe.
Needham House (formerly Blakemore House) was built at the turn of the 20th century by Major Thomas Clemens Usher for his new bride as a grand private mansion in the Georgian style.
The hotel has been operating very successfully for over 50 years in its own right, as a boutique hotel with part conference centre and a popular wedding venue. The hotel was operated by Thistle hotels who sold the business to Menzies group in October 2007 for 18.5m and most recently Travelodge.
Investment Snapshot
Completed & Operational Hotel
35 Minutes from Central London
Managed by Europes Premier Conference Hotelier, Chteauform
50% Non Status Developer Finance
10% Guaranteed Income for 10 Years
Secure Exit Strategy at Year 5
Official Launch: February 2013
Europes Premier Conference Hotelier
Chteauform (www.chateauform.com) are Europes premier conferencing company, with clients from Europes top 500 blue chip companies. They have 22 operational facilities in and around Paris as well as a further 11 spread across France, Switzerland, Germany, Spain & Belgium and are looking to develop a similar manner around London.
2012 saw Chteauform successfully launch their brand and concept into the UK market with the transformation of the Hever Hotel & Country Club in Hever, Kent. Working in partnership with Oak Property Partners Ltd they sold a selection of furnished rooms to investors in the UK and overseas with a 10 year guaranteed NET rental income of 10% per annum.
This is achieved by Chteauforms unrivaled concept of offering high quality conferencing facilities and a very efficiently run service whereby clients can serve themselves drinks and benefit from the use of a Host Couple who can multitask in all of the services required by such a hotel.
This hands on efficient way of working makes Chteauform hotels a very profitable venture for UK buy to let investors.
Hotel Room investments provide investors with a secure long term buy to let
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