Open & Operational Peak District Hotel
Immediate income of 7% p.a. for 5 years
The Sandpiper Hotel
Chesterfield
The Sandpiper Hotel is well situated on the edge of the Peak District National Park, one of the UK's most beloved holiday destinations. The hotel's popularity is boosted by its convenient location, being only a short drive from the historic market town of Chesterfield and an 11 minute train journey from the vibrant city of Sheffield.
In addition, The Sandpiper Hotel sits adjacent to the £400 million Peak Resort, an integrated leisure, health, sport and education resort on the 300 acre Birchall Estate due to open in Spring 2019. The Peak Resort will be a major, year-round visitor attraction, offering all-weather activities, events and a digital retail experience.
The hotel is open and operational, guaranteeing immediate income for investors. It is run by one of Europe's leading hotel asset management companies, Michels & Taylor, who also manage a number of properties in the Marriot, Crowne Plaza and Hilton portfolios. Currently The Sandpiper Hotel consists of 46 rooms, however a rolling refurbishment will give the property not only a spectacular facelift but also an additional 17 rooms.
- Open and operational - generating immediate, monthly returns
- Rooms priced at just £60,000
- 7% NET per annum for 5 years
- 110% buyback option at year 5
- No stamp duty
UK-wide, domestic tourism trips are up 19% and overseas visitor numbers up 29%
Following Brexit and the resulting drop in value of the pound, the UK has begun to see the boost in overseas tourism and increase in the number of domestic tourism trips. Hotel occupancy remains high and is expected to grow to 82.5% in 2018, whilst the average daily rate is set to increase 2% to £149.
Take advantage of the UK's growing tourism market by investing in the picturesque Peak District.
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