Commercial - Other  For Sale  Newquay  NEWQUAY  Cornwall  TR7   - £59,995

For Sale
TENURE: Leasehold
Reference: Quote Houseladder - 3126


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In the prime Cornwall location of Newquay, nestled between the picturesque beaches of Lusty Glaze and Great Western, The Llawnroc Newquay will be the first in a new brand of hotels that crosses star ratings and serves leisure and business guests in style and comfort. The 82 room hotel, boasting spectacular sea views of the North Cornish coast, will undergo a £5million renovation and refurbishment that will transform
it into a sought-after four star retreat for couples, families and holiday-makers alike. Facilities in the hotel will include a state-of-the-art spa, outdoor and indoor pool, lounges, bar and restaurant. Accommodation at The Llawnroc Newquay ranges from a single room with a garden view up to a sea view family
suite with a balcony, with prices starting at £59,995. The investment is 195 year Leasehold property ownership with a guaranteed annual rental income of 9% of the purchase price for three years, and provides guaranteed exit strategy options for the owner from the end of year five. This affordable entry-level investment will provide investors with sustainable year-on-year returns and a piece of primely located commercial real estate that will undoubtedly complement any discerning investor's portfolio.
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