Hotel Mosaic in Blackpool

Investment Summary

Hotel Mosaic in Blackpool

Mosaic Hotel which commands a front line coastal position in Blackpool.

 

The Hotel has already been purchased by the developer and is undergoing a full refurbishment (which began 2 weeks ago) to transform it from a 2 star to a modern 4-star hotel. The developer will be re naming and re branding the hotel and bringing in a new management team.

 

The hotel is a small size with 37 rooms which are priced from £34,995 - Some rooms have a balcony and sea views so early buyers will have the best pick!

Location

Blackpool is one of the most famous beach resorts you will find in the UK, it boasts three piers which cannot be found in any other British beach resort. It was even recently awarded its first ever Blue Flag, putting it on par with other world-renowned sites including the Mediterranean Sea and the Pacific coastline.

 

Key Investment Highlights

  • Prices starting from £34,885 or from £52,995

  • Prices starting from for apartment rooms

  • NET yield at 12%

  • Optional buyback

  • 5 days year for 5yrs

  • Immediate returns paid quarterly

  • First year’s rental has been paid into a separate account whilst refurbishment completes

  • Occupancy levels for Blackpool average 72%

  • Refurbishment completes Sept 2019

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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