Raithwaite Hall is located just a few minutes from Whitby Bay, off the Whitby to Sandsend Road and is set in over 80 acres of the local countryside. The landscaped grounds are well maintained and include various gardens, lakes and bridges.
Located in the heart of the North York Moors, the area is one of outstanding beauty with heather covered dales and moors providing a stunning landscape. The coastal area provides an alternative breathtaking backdrop of sweeping sandy beaches and spectacular cliffs. This area unsurprisingly boasts some of the finest outdoor pursuits in the UK with a world-wide excellent reputation for the local shooting. The location of Raithwaite hall offers both salt water and fresh water fishing to anglers, with the estate boasting its own well-stocked lake.
This development is the sister project to the popular £100 million Flaxby Country Resort project and will offer a 5* facilities including a 6,000 sq. ft. spa, featuring the latest treatments and technology, making it one of the most impressive in the North of England. There will also be a fine dining restaurant and luxury bar in addition to a conference and function area with a capacity for 180 people.Pool: Swimming Pool & Spa
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Set in the heart of the North York Moors this stunning £30 million development will incorporate the Raithwaite Hall hotel.
The 44 bedroom hotel offers investors an excellent rental programme, fully managed by an international hotel operator. Investors will receive a return based on a 50:50 split of the room income, with a minimum net return of 8% per annum for the first 10 years. Finance of 50% LTV is available through a private equity fund and we are advised that the investment is SIPP positive, although approval will be required from individual providers.
Investors can reserve a unit for just £2,500 and the project benefits from an insured deposit scheme for the 20% deposit required at exchange of contracts, providing investors with peace of mind. The project is competitively priced at up to 37% below the RICS valuation.
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