Located on the seafront, with charming sea views, No 7 By La Tour is a 65-bedroom hotel well-placed to attract visitors to the popular seaside town of Blackpool, UK.
Fully open and operational, the hotel will undergo a rolling renovation to become a new 3/4-star boutique holiday destination.
Thanks to the expertise of the operator St Camillus Care Group Ltd, the hotel will also specialise in catering for for young adults with autism, and become a leading ‘autism friendly’ hotel in the area.
Providing suitable accommodation, training and education opportunities, the hotel will become an ideal respite holiday destination for service users and their carers.
As part of the re-development, the building will be refurbished and modernised, including all rooms with new decor, furnishing and bathrooms installed creating a luxurious feel within close proximity to the beach and sea.
The hotel will feature three separate function areas. The lower ground floor – as as a diner/event space for the general public, the ground floor – a bright dining area for staying guests with a “shabby chic” homely feel, and the first floor – for private hire events, student training and business meetings.
This buy-to-let opportunity offers purchasers:
- 10% NET Returns contractually assured (£4,995 per year) paid quartly in arrears
- Assured buy back option at the end of year 5 at 100% of the purchase price
- Assured buy back option after year 10 at 110% of the purchase price
Contact us to find out more
For more information on this buy-to-let opportunity, contact our team today.
✓ 65 en suite hotel rooms available
✓ 10% Assured NET Rental Return per annum
✓ 100% buyback at the end of year 5
✓ 110% buyback at the end of year 10
✓ Rental Income paid quarterly in arrears
✓ 999-year leasehold
To register your interest, complete the form below and a Fortem Global Portfolio Manager will contact you to arrange a consultation.