Over 50% Sold - Operational Hotel with Just £25K Cash Input
Posted: 17 May 2012
Principal International are pleased to announce that after a successful launch, over 50% is now sold.
Tulip Inn at Burn Hall is an exceptional opportunity for investors to receive an immediate income with average returns projected at 14% net over the first five years. Investors can take advantage of 50% non status finance, requiring a cash input of just £25,000 to purchase a room in this superb hotel. The investment also benefits from an exit strategy.
The hotel enjoys an excellent location, situated in the picturesque Yorkshire countryside and just 20 minutes from York city centre. The York hotel industry has achieved consistently high levels of occupancy and has been ranked second in the UK league for hotel occupancy in the 2011 report compiled by industry analysts STR Global.
York achieved a fantastic 80.1% occupancy rate in 2011, attributed to the city's main attractions, which saw the biggest month-on-month increase in visitor numbers for 5 years during July to September.
Occupancy and room rates were also up in 2011 and 2012 is set to be another good year for the York hotel industry as the city of York celebrates its 800th anniversary.
The second largest hotel company in Europe, the Louvre Hotels Group, will take over management of the operational Burn Hall, under the popular Tulip Inn brand. The hotel will be fully managed, offering investors an armchair investment opportunity.
The second largest hotel company in Europe, the Louvre Hotels Group, will take over management of the operational Burn Hall, under the popular Tulip Inn brand. The hotel will be fully managed, offering investors an armchair investment opportunity.
Burn Hall is an operational, established and award winning conference centre with excellent facilities and is also a popular wedding venue, with over 40 weddings booked for the remainder of 2012 and a number of bookings already made for 2013. The conferences and weddings provide a high level of demand for accommodation within the hotel from conference delegates and wedding guests.
Rooms are selling fast and as availability is strictly limited, we would advise all interested parties to act immediately to avoid missing out on this fantastic investment opportunity.
For further details of this excellent new project, please click here.