Durker Roods Hotel, Peak District - 10% NET for 5 years and 120% buyback

Investment Summary

Durker Roods Hotel and Restaurant

Durker Roods is a picturesque 30 bedroom hotel steeped in history, nestled on the edge of The Peak District National Park, in an area of Yorkshire attracting over 10 million visitors per year and sitting in the very heart of the UK.

A popular wedding and events venue with a regionally renowned restaurant, the hotel has entered year three of an exciting renovation project. The hotel continues to grow in stature and profitability thanks to previous owners who took the hotel from a sleepy establishment to a high occupancy popular attraction for tourists and local visitors alike.

Hotel Features

 

Stunning Historic Stately Home Hotel

Operational since 1970’s with just 30 Rooms

Already operating at over 70% occupancy

To be managed by Hospitality First - Affiliated with Holiday Inn Express, Ibis, and Best Western

Owned in the 1950s by Aston Martin car maker - David Brown

Turnover up 28% from 2016 to 2018

Combined occupancy for Jan – March 2018 of 77%

2018 Restaurant income up by 18% (compared to same period last year)

2018 Bar income up by 31% (compared to same period last year)

Standard rooms fetch up to £110 per night, suites up to £150 per night

 Key Investment Highlights

  • Rooms priced between £49,950 - £79,950

  • 10% NET contractual return for 5 years - Paid quarterly

  • 120% Developer buyback at end of year 5

  • No additional costs to purchase

  • No running costs

  • Personal usage in the Hotel

  • Free legal fees

  • Operational hotel running consistently over 70% occupancy (pre-refurbishment)

  • To be operated by Hospitality First

  • Developers previous hotel sold out in 4 weeks!

Payment plan

 

£2,500 Reservation Fee

Balance on Completion in January (Less Reservation Fee)

 Next Step?

  • Brochure

  • Availability

  • Floor plans

  • Draft contracts

  • If you wish to reserve online please request the reservation form.

  • Please ask us any questions that you may have!

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