8% NET Yield.
2 Year Rental Guarantee.
Immediate Returns.
Completed & Operational Hotel.
Europe's Largest Hotel Brand.
Excellent Location for Manchester Airport.
in this property
Completed hotel investment with 8% net yield guaranteed for 2 years & immediate income
Knutsford Hotel Investment
Principal International are delighted to announce the launch of an exciting new opportunity to invest in a completed and operational hotel investment in Knutsford in the environs of Manchester, providing immediate returns.
Investors will receive an 8% net yield, guaranteed for 2 years and projected yields of approximately 10% net post rental guarantee.
The Knutsford Hotel has an excellent location just off junction 19 of the M6 motorway on the A556, providing quick and easy access to Manchester and Manchester Airport, ideal for both leisure and business travellers. It has recently been run under a different hotel brand amd will be rebranded and refurbished.
Guests will be provided with comfortable rooms, Wi-Fi internet and all you can eat breakfast buffet at an affordable rate. The hotel rooms are simply furnished and contain amenities including a desk, television, double bed and an en-suite shower room. The hotel has on-site parking and restaurant. The hotel will undergo a refurbishment programme to improve its facilities and optimise room rates and occupancy.
Europe's Largest Hotel Brand
Following the refurbishment programme, the hotel will be re-branded with the largest hotel brand in Europe, benefiting from brand awareness, marketing expertise and their world leading booking system.
There are approximately 1,300 hotels and approaching 122,000 rooms under the brand in Europe and they have spent €150 million rebranding the budget hotel chain in 2011, including €30 million on a global advertising campaign, creating mass global awareness of the brand.
Manchester Airport Hotel
A key trend in the UK hotel market has been the expansion of the budget hotel, offering both business and leisure travellers competitive rates in times of recession. The other recognised trend is guests favouring brands, which may be partly attributed to dominance of the market.
The Knutsford Hotel is situated in a great location for Manchester Airport, handling 19.7 million travellers per year. Knutsford is a popular stop-over for travellers as it located on the primary route out of Manchester, heading towards Birmingham and London.
Manchester Leisure & Tourism Hotel Market
Manchester is a 28 minute drive and is an extremely popular tourist destination with many local attractions and is renowned for its world class sport, art, culture, architecture and retail. Manchester hotels have an average occupancy of 75% according to STR Global.
Manchester receives approximately 900,000 overnight visitors each year from overseas and is the 3rd most popular city for overseas tourism in the UK.
Knutsford is reportedly the most expensive town to buy a house, in northern england, with the area being very popular with the football fraternity. It is also a popular tourist destination; home to Tatton Park National Trust estate, it welcomes over 750,000 visitors per year. The Peak District is less than 30 miles away and attracts an estimated 22 million visitors each year.
Manchester Corporate Hotel Market
Knutsford is just a short journey outside of Manchester city centre, close to the M6 motorway and close to Manchester Airport; therefore the Knutsford Hotel caters particularly well for the business traveller in terms of its location.
Manchester is the fastest growing city outside of London and has been named as the best place to locate a business, second only to the capital.
Manchester has a diverse and dynamic economy and is a centre for media, cultural industries, logistics, financial and the legal sector. The city is acknowledged as a leader in the creative and digital industries and is the base for large global companies, including the BBC, PZ Cussons, The Co-operative Group, Umbro and The Peel Group.
Manchester has a thriving conference and business events sector, reportedly contributing £822 million to Manchester’s economy in 2012 and notably generated 5.2 million delegates.
Availability is strictly limited to just 32 rooms; therefore we would recommend that investors act promptly to avoid disappointment.
Completion: Completed
