The Devon Bay Hotel

Investment Summary

 The Devon Bay Hotel

Devon Bay Hotel is located in Ilfracombe, the second largest settlement in the district. Devon Bay is within walking distance of many attractions including Ilfracombe Aquarium, Chambercombe Manor and Larkstone Leisure Park. It’s also just a two minutes’ walk away from the beach.

The hotel is already fully operational since March 2016 so investors can have peace of mind that there is no development risk, making this a solid investment for those looking for a safe investment.

This stately Victorian hotel has 53 bedrooms, ranging from single to large family rooms, with each room having a private en-suite bathroom, plus all of the features you would expect from a quality hotel.

Communal facilities include a lounge area with bar, function room, business suite, restaurant and private dining room.

Investment in these hotel rooms starts from just £54,900.

Each room comes with 999 year leasehold.

Key Investment Highlights

  • Rooms from £54,900

  • 9% NET return for 5 years

  • 110% developer buyback in year 5

  • 2 weeks free usage per year

  • Fully operational hotel, not off plan

  • Returns start from purchase and are paid every 3 months

  • Only 53 rooms in total

  • Low Risk: Returns are pre-agreed and contractual

  • Exhaustive Due Diligence: Conducted by an expert team

  • Low Entry Levels: No hidden costs or payments

  • 999-year leasehold tenure

  • 566,000 holiday makers visited the region in the summer

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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