The Devon Bay Hotel is Ilfracombe’s premier Hotel. Situated on the main seafront, the Hotel is right in the heart of the town. Hotel has charming and attractive interior with stylish and comfortable furnishings. Step outside and you are on the Promenade with its many shops, cafes, and the Landmark Theatre complex.
Top UK Holiday resort, a perfect destination throughout the year for all ages, Devon boasts National parks, crystal clear beaches, tourist attractions, railways, etc.
The hotel has 53 en-suite rooms as follows:
- 18 x Family Rooms
- 27 Double/Twin Rooms
- 8 Single Rooms
Why think of Hotel Investment?
Hotel Room Investment has long been part of the private investment landscape in the US but is a relatively new concept here in the UK with development opportunities being available. In principle it operates in the same way as a Buy-to-Let investment, with the hotel operator acting as a management company and overseeing the process on behalf of the investor.
“A hotel room investment is a hands-off, hassle free, high yielding, secure and relatively modest investment which can be purchased individually or through SIPP/pension investors. It is a good alternative to investing in a flat or house, where there may be a saturated market for renting.“
In considering Hotel Room Investments, there are five specific areas which we believe need careful consideration by our clients which will influence the future financial success of a hotel development and, ultimately, your investment return:
Location: Would it attract domestic, overseas and corporate customers and is it easily accessible through well developed transport links?
Management: Is it established, operational hotel with a proven track record?
Features: Will it be a quality product with additional features including restaurant, bar, meeting area and lounge?
Tourism: Is it an attractive tourist destination and within close proximity of tourist and cultural attractions?
Risk Assessed: Is the return on your investment based on the success of the development as a whole and would it attract guests all year round?
- Competitive Returns: Min 10% annualised ROI
- Defined Exit Strategy: Multiple Options to choose from
- Exhaustive Due Diligence: Conducted by an expert team
- Investment Security: Guaranteed Returns
- Low Entry Levels: No hidden costs or payments
- Low Risk: Returns are pre-agreed and contractual