£82,950
Studio for saleApartment, Duke Street, Liverpool L1
- Leasehold
Elite Realty Invest - Manchester
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About this property
It gives me great pleasure to introduce you to our brand-new launch ‘The Duke St Boutique Hotel’ in Liverpool’s RopeWalks Quarter! Introducing Duke St Boutique, a brand new modular hotel and investment opportunity, set in the heart of Liverpool City Centre’s RopeWalks district.
Full Description
It gives me great pleasure to introduce you to our brand-new launch ‘The Duke St Boutique Hotel’ in Liverpool’s RopeWalks Quarter! Introducing Duke St Boutique, a brand new modular hotel and investment opportunity, set in the heart of Liverpool City Centre’s RopeWalks district.
Introducing Duke St Boutique, a brand new modular hotel and investment opportunity, set in the heart of Liverpool City Centre’s RopeWalks district, brought to you in partnership by Town Hotels and Living Brick Ltd. #Let us guide you through the journey to becoming an investor, we will take you through the finer details of the scheme, introduce the dedicated teams bringing Duke St Boutique to life and explain step by step the investor process, answering your questions along the way. Secure your part in this landmark property on historic Duke Street. We are invested, are you? The hotel sector continues to see year-on-year growth in revenues and expansion of capacity. A report from the city council illustrates how the hotel sector has enjoyed huge growth since Liverpool celebrated being European Capital of Culture a decade ago. Occupancy levels and profit-per-room (revpar) are all rising despite their being almost double the number of hotel rooms in the city than there were in 2008. October 2017 saw the highest ever weekend average revpar peak at ?104.63. The figures reflect the rise in value of the Liverpool city region visitor economy which is now estimated to be worth around ?4.3bn a year. From a developer/investor perspective, Liverpool is set to enjoy growth in the hotel sector for some time to come with room occupancy set to increase into the foreseeable future with more capacity required year on year. Investment Highlights: 10% net return from years 1 – 5 11% net return from years 6 – 10 Buyback options at year 3 and 10 @115% of original purchase price zero stamp duty Boutique hotel with 30 luxury rooms Trendy bar and restaurant located on the ground floor If you would like to look at individual rooms please contact one of the team on our details below.
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Tenure
Leasehold (900 years)
Service charge
Council tax band
C
Ground rent
Ground rent date of next review