Property for sale in Bradford - 29002339 - Advertised on propertyO by Five Quadrant

Commercial Properties for sale

£65,000

England, West Yorkshire, Bradford, United Kingdom Property ID: 29002339


Property features

  • £52000 cash investment in serviced apartments
  • Earn 10% NET returns for 10 years
  • No stamp duty to pay
  • Experienced UK hotel developer
  • 125% buyback at 10 years
  • Located in Bradford city centre - close to new Westfield shopping centre

Property description

Earn 10% NET income for 10 years with these aparthotels in one of the UK's fastest growing cities.

 

Bradford's buzzing town centre is seeing record levels of investment and new business activity. Fabric Aparthotel is ideally placed to take advantage of that growth, located in an area of regeneration close to Bradford University, Bradford College and the City Centre.

 

Bradford University has an aggressive plan for expansion, while the college, already the fourth largest in the country, has just attained university status. Situated near the Westfield Broadway shopping centre and a host of new bars and restaurants, Fabric is one of a limited number of properties so close to both the University and the centre. With Leeds Bradford International Airport just 7 miles away, Fabric therefore provides high quality accommodation to several key markets - business travellers, visiting academics and parents of students at both educational institutions.

 

The iconic development will be operated by NPD, a leading hospitality firm that currently manages six hotels, including some of the UK's most successful leisure operations. NPD is offering investors rental returns via leaseback of 10% NET for 10 years. A 125% buy-back option is available at year 10, or investors can extend their leaseback for a further 10 years and still enjoy the 125% buy-back in year 15. Invest now for only £52,000, with no stamp duty to pay.

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