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Studio flat for sale
Apartment, Duke Street, Liverpool L1
£82,950
Apartment, Duke Street, Liverpool L1
£82,950
Our Summary
- 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
- 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
Description
Duke St Boutique is a brand new modular hotel and investment opportunity located in Liverpool City Centre's RopeWalks district, brought to you in partnership by Town Hotels and Living Brick Ltd. The hotel sector in Liverpool has seen consistent year-on-year growth in revenues and capacity, with occupancy levels and profit-per-room (revpar) rising despite a nearly doubling of the number of hotel rooms since 2008. The property offers a 10% net return on investment for the first five years, followed by an 11% net return for years six to ten, with buyback options at year three and ten at 115% of the original purchase price. Additionally, there is zero stamp duty on this investment. The boutique hotel features 30 luxury rooms, including a trendy bar and restaurant located on the ground floor, offering a prime opportunity for investment in a thriving city.