For Sale
The Bay Aparthotel
From £164,995
10% NET Rental Returns
For Sale
The Bay Aparthotel
From £164,995
10% NET Rental Returns
Overview
Specification
Location Overview
The Bay Apart-Hotel represents an opportunity to invest in the transformation of a traditional Victorian guest house into a modern collection of self-contained apart-hotel studios within the rapidly evolving seaside town of Morecambe.
The development will comprise 22 contemporary studio apartments, each incorporating its own kitchenette and workspace, providing guests with the flexibility and convenience increasingly demanded by today's leisure and business travellers. The concept combines the comfort of apartment living with the operational advantages of a professionally managed hospitality asset.
One of the most compelling aspects of the development is its location within an area undergoing significant regeneration. Morecambe has become a focal point for public and private investment, with the proposed Eden Project North expected to transform the town's visitor economy and attract substantial tourism growth over the coming years.
The development has been designed to appeal to a broad range of guests, including holidaymakers, contractors, business travellers and visitors seeking flexible short-term accommodation. A professional management company will oversee the operation of the property, providing investors with a fully managed ownership experience.
Combining an affordable entry price with strong regeneration potential and projected hospitality income, The Bay Apart-Hotel presents an attractive opportunity within an emerging UK tourism hotspot.
The Bay Apart-Hotel represents an opportunity to invest in the transformation of a traditional Victorian guest house into a modern collection of self-contained apart-hotel studios within the rapidly evolving seaside town of Morecambe.
The development will comprise 22 contemporary studio apartments, each incorporating its own kitchenette and workspace, providing guests with the flexibility and convenience increasingly demanded by today's leisure and business travellers. The concept combines the comfort of apartment living with the operational advantages of a professionally managed hospitality asset.
One of the most compelling aspects of the development is its location within an area undergoing significant regeneration. Morecambe has become a focal point for public and private investment, with the proposed Eden Project North expected to transform the town's visitor economy and attract substantial tourism growth over the coming years.
The development has been designed to appeal to a broad range of guests, including holidaymakers, contractors, business travellers and visitors seeking flexible short-term accommodation. A professional management company will oversee the operation of the property, providing investors with a fully managed ownership experience.
Combining an affordable entry price with strong regeneration potential and projected hospitality income, The Bay Apart-Hotel presents an attractive opportunity within an emerging UK tourism hotspot.
Specification
The Bay Apart-Hotel represents an opportunity to invest in the transformation of a traditional Victorian guest house into a modern collection of self-contained apart-hotel studios within the rapidly evolving seaside town of Morecambe.
The development will comprise 22 contemporary studio apartments, each incorporating its own kitchenette and workspace, providing guests with the flexibility and convenience increasingly demanded by today's leisure and business travellers. The concept combines the comfort of apartment living with the operational advantages of a professionally managed hospitality asset.
One of the most compelling aspects of the development is its location within an area undergoing significant regeneration. Morecambe has become a focal point for public and private investment, with the proposed Eden Project North expected to transform the town's visitor economy and attract substantial tourism growth over the coming years.
The development has been designed to appeal to a broad range of guests, including holidaymakers, contractors, business travellers and visitors seeking flexible short-term accommodation. A professional management company will oversee the operation of the property, providing investors with a fully managed ownership experience.
Combining an affordable entry price with strong regeneration potential and projected hospitality income, The Bay Apart-Hotel presents an attractive opportunity within an emerging UK tourism hotspot.
Location Overview
Overview
The Bay Apart-Hotel represents an opportunity to invest in the transformation of a traditional Victorian guest house into a modern collection of self-contained apart-hotel studios within the rapidly evolving seaside town of Morecambe.
The development will comprise 22 contemporary studio apartments, each incorporating its own kitchenette and workspace, providing guests with the flexibility and convenience increasingly demanded by today's leisure and business travellers. The concept combines the comfort of apartment living with the operational advantages of a professionally managed hospitality asset.
One of the most compelling aspects of the development is its location within an area undergoing significant regeneration. Morecambe has become a focal point for public and private investment, with the proposed Eden Project North expected to transform the town's visitor economy and attract substantial tourism growth over the coming years.
The development has been designed to appeal to a broad range of guests, including holidaymakers, contractors, business travellers and visitors seeking flexible short-term accommodation. A professional management company will oversee the operation of the property, providing investors with a fully managed ownership experience.
Combining an affordable entry price with strong regeneration potential and projected hospitality income, The Bay Apart-Hotel presents an attractive opportunity within an emerging UK tourism hotspot.
Investment Highlights
Investment Highlights
• Studio units from £65,000 • Projected NET yields up to 18% • Self-contained holiday-let accommodation • Fully managed • Short-term lets approved • 999-year leasehold ownership • Share of freehold included • No Stamp Duty payable • Positioned near Eden Project North • Strong regeneration story • Low entry price
From
From
From
Projected NET yields up to 18%
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