Hotel Investment Project Announces New Finance Package
Principal International are pleased to announce that financing is now available for another one of the their hotel investment projects in the UK. The Woolston Hotel, has just announced a new finance package is available for the remaining units.
The finance package comes in the form of a Non Status, 50% Developer Finance interest only loan, giving you the investor a secure method of financing your investment.
The Woolston Hotel development, due to complete in 2010, will become a 4 star hotel in the centre of Bradford, UK aimed at the business market. This project of 145 rooms including 15 penthouses provides its guests with state-of-the-art Gym and Health Club facilities as well as Swimming Pool, Sauna and Jacuzzi enabling the travelling Businessman to relax in luxury while accessing the immediate thriving city centre.
With rooms starting at £89,950 and finance now available at 50% LTV along with a guaranteed NET return of 10% for the first 3 years, this enables the investor to see a ROI (return on investment) of over 16%.
Due to the limited supply of hotel rooms for investment in this development, we urge all investors looking for a UK hotel investment project to contact us now, requesting a brochure and further information.
Please visit: The Woolston Hotel