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No7 By La Tour in Blackpool

£49,950

Reference:
7LT
Type:
Apartment
Location:
United Kingdom
City:
Blackpool
Bedrooms:
1
Bathrooms:
1

No7 By La Tour in Blackpool is offering 10% Net per year return on investment to potential buyers AND 110% buy back at year 10 for a secure exit strategy! No7 By La Tour  is a fully operational hotel in the centre of Blackpool, that will offer accommodation & training facilities for young autistic adults and accommodate family, friends a tourist visitors throughout the year. 

 

With an entry level investment of £49,950, the opportunity in No7 By La Tour is to be making a socially responsible and ethical investment while at the same time receiving an annual return of  £4950!

 

Located on the seafront, with charming sea views, No7 By La Touris a 65-bedroom hotel well-placed to attract visitors to the popular seaside town of Blackpool. Fully open and operational, No7 By La Tourwill undergo a rolling renovation to become a new 3/4-star boutique holiday destination.

 

Providing suitable accommodation, training and education opportunities, No7 By La Tour will become an ideal respite holiday destination for service users and their carers.

 

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.



As part of the re-development, No7 By La Tour 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.


No7 By La Tour will feature three separate function areas. The lower ground floor – as a diner/event space for the general public, the ground floor – a bright dining area for staying guests and the first floor – for private hire events.

 

The National Autistic Society estimates that 700,000 adults in the UK have autism. This means 1 in every 100 people have autism, of which 53% are aged between 16-35 years old. The demand for locations that offer supported accommodation for this age group is huge. The need for experienced on-site care and support is growing but is still massively under supplied.

 

No7 By La Tour is a fully hands off investment opportunity. Over 18 million visitors in 2018 spend £1.5bn in the local economy, fuelling regeneration thus increasing demand for quality hotels like No7 By La Tour.

 

The start of 2018 sees Blackpool on the cusp of reaching the next stage of regeneration. Hundreds of new homes are set to be built in the centre of town. Investments in hotels and leisure facilities are also in the pipeline. Work is already underway on more than £30m of new public buildings.

 

Blackpool has started work for a £25m conference centre to be built alongside the Winter Gardens just 300 meters away from the hotel.

 

There has been a substantial increase of hotels in the area being bought by very well-known hotel groups and international investment funds due the increasing levels of visitors and all the regeneration work being done and funded by Blackpool Council. This display of investment by local councils, overseas cooperate investment companies AND large hotel chains all show that sea front hotel just like No7 By La Tour will be in an incredible demand as time moved forward!

Property Features

  • Unit price from £49,950
  • 65 en-suite rooms
  • 999 year leasehold
  • Completely hands off investment
  • Immediate returns at 10% NET with no other costs to you – £416.25 per month
  • Socially responsible and ethical investment
  • Yield immediately and paid quarterly in arrears
  • No additional ownership costs
  • Secured exit strategy
  • Assured buy back option at year 5, or at year 10 and receive an additional 10% uplift.
  • Beautiful sea views
  • Excellent central location