UK Property News

New Docklands Hotel, Uk Hotel Investment

Principal International are delighted to announce the launch of an exceptional opportunity for investors within the London hotel sector. This hotel investment is offered at substantially below the RICS valuation and rewards the purchaser with a share of the profit accumulated from all areas of the hotel operations, including the restaurant, conferencing facilities, food and beverage

Non status finance is available at 70 per cent of the purchase price with the rooms projected to produce returns of 7 – 12 per cent and purchased with a 999 year lease. We are advised that this project is SIPP positive although approval is required from individual SIPP providers.

Set on the environs of the thriving buisiness and retail of Canary Wharf, these hotel rooms building offer a truly “hands off investment” as this landmark building will be the Holiday Inn Docklands and be completed to a 4* standard. Investors can be reassured that their hotel room will be managed by Intercontinental Hotels Group, a world renowned brand and the largest global hotel company in the world.

Construction is due to start later this year, with completion in the 4th quarter of 2011 with the hotel operational in time for the 2012 Olympics. Holiday Inn have been announced as official providers for the Olympics and this willl surely enhance the 90% occupancy rate achieved by all the Holiday Inn properties (central and greater London, excluding airport properties) in 2009.

As you would expect availability on this project is strictly limited, purchasers can choose between double standard rooms or 56 executive rooms.

For further details of this exciting launch visit West India Dock Hotel

Raithwaite Hall, UK Hotel Investment, Construction Update

Principal International are delighted to keep property investors informed of the progress and opportunities available on The Raithwaite Hall project in Whitby. The hotel construction as you can see from the photograph is now underway, and will be the sister project to the Flaxby Hotel. The investment package for the hotel has also seen some recent enhancement with non status finance confirmed at 50 per cent loan to value in addition to the 10 year minimum rental guarantee of 8 per cent. Wates have been appointed as the construction company and completion is scheduled for Summer 2011.

Investors can be reassured by the confirmation of West Paces as the Hotel operator. West Paces is a premier luxury brand managed by the highly respected Horst Schulze previously of the Ritz Carlton Group. This experienced professional team will deliver a unique hospitality experience and maximise occupancy and room rate.

Within the stunning 80 acre estate accompanying the hotel development, there are a number of luxury cottages on site in addition to those planned, and these will offer individuals the opportunity to acquire a exclusive residence on this outstanding development. These properties offer clients a greater degree of flexibility and may be used for holiday residences to capitalise on the lucrative rental market.

For Futher details visit Raithwaite Hall

Raithwaite Hall, UK Hotel Investment Update

Principal International are delighted to announce the enhanced financial package available for investors in the Raithwaite Hall project. Investors in this exciting 80 acre project, set just minutes from the sea at Sandsend near Whitby, will now be rewarded with an 80% net minimum rental return over the first 10 years of operation. They can also benefit from an element of personal use, taking advantage of the excellent spa, restaurants, bars and enjoying the stunning local countryside and superb fishing in the area Construction of this the £30 million luxury hotel near Whitby commenced in December, with Wates Construction appointed as the main contractorPurchasers in this development can also enjoy peace of mind that their deposit is insured and 50% finance is available via a Private Equity Fund.Full further details visit Raithwaite Hall project

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

UK Hotel Investment Project Announces £40 Million Build Programme

Principal International are pleased to advise our readers that the five star Flaxby Country Resort, UK hotel investment project, in North Yorkshire have announced that Wates Construction are to be the main contractor for the £40 million build programme.

The Flaxby Hotel and Country Club

The 300 room leisure development, situated between York and Harrogate, will open in 2011, with work expected to start late this year. Up to 400 workers will be needed on site and local tradesmen and women will be used wherever possible.

Featuring a luxury spa, bars, restaurants and boutiques the 240,000 ft development will be set around the existing 27-hole golf course, nestling in nearly 300 acres of Yorkshire Countryside.

Paul Ellis, Managing Director of the development company explained: “We went through a thorough selection process and are delighted to be working with Wates. They have the experience, knowledge and capabilities to deliver this magnificent project on time and on budget.”

Wates Director, Phil Harrison, added: “The Flaxby Country Resort is good news for the people of North Yorkshire, who will no doubt benefit from the new jobs that this project will create – both before and after completion.”

The Flaxby Country Resort will total over 240,000 sq ft and the build programme is estimated to be around 80 weeks.

Wates Construction has a strong track record - both in the local area, with the recent completion of the Manor School project in York, and with high profile leisure developments. The family owned construction business had an annual turnover in excess of £980 million last year. The firm also has a commitment to using local labour and businesses. On recent projects, approximately 50%-60% of all monies spent has been with local companies. One example is the recently completed £17 million Bridlington Spa project that produced a 60% spend with local subcontractors. On this size of development an employment and skills plan would also be produced to maximise opportunities for local employment and training/apprenticeships.

With opportunities to invest in this UK hotel investment project starting from an input of just under £40,000, Principal International wish to advise readers that many units have already been sold to UK and Global investors alike.

To receive a brochure or register your interest in the Flaxby, please visit: Flaxby Hotel and Country Club.

Royal Suites Launced at The Flaxby, (Hotel Investment UK)

Exclusively available through the developers premier agents, Principal International announce the release of the Royal Suites.

Priced at £249,950, with a guaranteed Return of 10% for 10 years, the developers are offering non status finance at 70% LTV.

Only a 20% deposit is required at contract and the product is SIPP positive with an added incentive for those purchasing through their SIPPs of 1% per annum for the first two years.

For those not purchasing through their SIPP investor can take advantage of 4 days personal use for years 1-10 and 52 days per annum for year 10 onwards in addition to 1 years country club membership.

The rooms will have all luxury resort facilities in addition to B&O, Multi media, access to the Club lounge, preferential golf rates and complimentary spa access.

Other investment options are available on this project starting at £199,950

For full details on this development and to request your brochure, please visit: The Flaxby Hotel and Country Club

Guaranteed Return of 10% for 80 Years - Flaxby Hotel, UK

Yes you did read that right, for 80 years this project will deliver you with a 10% Guaranteed Return*.We have achieved great success with The Flaxby Hotel Golf and Country Club development and we continue to see this as an excellent UK investment opportunity in the heart of England providing, in our opinion, an outstanding hands-off investment.The 70% Non Status Finance makes the project particularly attractive along with the security of an insured deposit. The hotel will be managed by a premier international operator, the 27 Hole PGA Golf Course by Troon Golf, and other brands in partnership with this project stunning resort include Krug and the Elemis Spa.Principal International are delighted to announce the release of the Golf View King suites offering a 10% Guaranteed Return for the next 80 years.What this means in real terms is that for a purchase price of £350,000,a return of £35,000 a year* for the next 80 years is available.(At the time of writing, only 5 units remain with this offer.)so that’s £35,000 a year* x 80 years = £2,800,000*To get into this development an initial deposit of £70,000+vat (20%) is required and is secured within a Zurich Deposit Insurance scheme. If this investment sounds of interest, then please give us a call on +44 (0) 1483 778629 or drop us a line on [email protected].Other units are available where the initial cash input is approximately £47k, with a three year guaranteed rental of 14% for the first year 13% for the second year and 12% for the third with an ongoing split of the room rate click here for further details.*return stated is Gross of mortgage costs, management costs and ground rent

Very Limited Release of Junior Suites at The Flaxby

The Junior Suites at The Flaxby Country Resort at 450 sqft will be one of the most attractive room types. The suites will offer a defined living space separated from the bedroom by a luxurious bathroom with tub bath and walk-in shower.

The Flaxby Hotel and Country ClubBigger and with more attractive than the double rooms, these rooms will be the entry level to the “Flaxby Suites” and will be popular with those looking for something special without the price tag of a club or king suite.Expected to have a room rate of around £300 per night these suites will attract not only the refined golf and business guest but be very attractive rooms for wedding events.

These excellent projected rates and expected occupancy levels are allowing us to offer a guaranteed yield to investors of 14% year 1, 13% year 2 and 12% year 3 with a 50% share of room income and 52 days personal usage from year 4.

To discuss this very limited offer in more detail, call us now on,
+44 (0) 1483 748629 or drop us a line

Bradford Investment Hotel - Discount Offer Nearing An End

Since the announcement that the Woolston Hotel has received Full Planning Approval in early June, we have been updated by the developer that the current offer of £5,000 discount for the first 10 units purchased is nearly sold out and that only 2 remain.

If this is a development you have looked into, we urge you to contact us immediately to ensure you don’t miss out.

The Woolston Hotel Granted FULL Planning

Principal International are pleased to notify its readers that the new investment hotel project, The Woolston, has been granted Full Planning permission yesterday.

The Woolston HotelThe investment hotel project received positive reactions from the councillors and committee members who praised the developers on their latest project.With the hotel users taking full advantage of the excellent public transport links into Bradford, they felt the positioning of the new investment hotel suited its location.To further enhance the planning application, a major hotel chain’s letter of intent was disclosed which put any doubt amongst the committee to rest, who proceeded to approve the application with a 6-1 majority vote.

Due to the recency of the launch of this hotel project, many opportunities to invest in this hotel are still available - for further details please visit: The Woolston Hotel

or contact Principal International on 0800 038 0000 / +44 1483 748629

UK investment Pre-Launch Opportunity

Principal International are delighted to announce the launch of:

The Woolston Hotel Project in Bradford, UK.
Built by the same developer as the favoured Flaxby project, The Woolston Hotel offers the investor the chance to invest at a lower price point of just £89,950 with 3 year guaranteed returns of 10%.A true ‘hands-off’ investment to be fully managed by a renowned hotel operator with completion set for mid 2010.The Launch of this project is next Thursday 29th April in Bradford. I’m Interested, What Do I Do Now?For more information on this project click here.
To register your interest in attending the Launch please click hereor contact us on 0800 038 0000 or +44 1483 748629 and we will delighted to discus the details of this fantastic
opportunity with you.

Golf Day raises funds for Woking Hospice

Woking based international property investment consultants, Principal International, recently held their inaugural and very successful Golf Day at Mill Ride Golf and Country Club in Ascot. Both Mill Ride and Principal International contributed a range of raffle prizes to the event, which resulted in £545 being raised for the Woking Hospice.

European Tour Golfer Garry Houston (pictured below), who has Principal International as one of his main sponsors – www.pip4u.com – attended the golf day and ran a golf clinic for the attendees. Garry then joined each group of golfers to offer one to one practical help, as they enjoyed their round of golf in fantastic conditions.

Simon Ryeland, Managing Director of Principal International, commented,

“the Golf Day was a way of us meeting with some of our current and prospective clients in a relaxed environment and thanking them for their support of our business over recent years.”

Simon went on to say,
“the day was an unqualified success and enjoyed by all and will hopefully now be an annual event.

As Principal have successfully been in business in Woking for 17 years, we were very keen to raise money for a worthwhile charity and couldn’t think of anything more deserving than the Woking Hospice, who have been providing invaluable help and support to our local community for many years.

We are very grateful to the team at Mill Ride for doing such a splendid job on the day and also to our guests for their generosity.”

The team at Principal International specialise in providing a 1-2-1 service to help investors create a property portfolio to match their budget and their aspirations for income and capital growth. Louise Hoade, director at Principal International, adds,
“we have a number of very interesting investment opportunities across the globe, some even being offered with 100% funding, subject to status; just a £1000 deposit is all that will be required.

Many of the developments are fully furnished to a very high standard and come with a rental guarantee for several years.”

Louise went on to say,
“We are all painfully aware of recent events in the global financial markets and the uncertainty that has created; this makes it even more vital that investors seek the right advice and guidance before committing themselves to an investment and that’s where we come in.”

Principal International can be contacted on 01483 748629 / 0800 038 0000 or you can send an email to us at: [email protected]. You can visit our web site and, as a Woking based business, the team are always delighted to welcome you to their offices to discuss the opportunities with you personally.