Completed Hotel & Conference Centre.
10 Year 10% Rental Assurance.
Up to 22% Below Market Value.
Exit Strategy.
30 Miles North of London.
Immediate Income.
in this property
Completed hotel investment with 10% net assured returns for 10 years & a defined exit strategy
Needham House Hotel Investment - Phase II
Principal International are delighted to announce the second phase release of the superb Needham House Hotel investment, following the successful sale of first phase units.
Hotel Room Investment with 10% Net Returns Assured, Immediate Income & Exit Strategy
The Needham House hotel investment is a completed hotel providing investors with an immediate income, 10% net rental assurance for 10 years and is situated just 30 miles north of London.
Hotel rooms in Needham House are available up to 22% below recent RICS valuation with a 10% NET yield assured for 10 years; alternatively investors can opt for a room income split. There is an option of a defined exit strategy available to investors in the form of a developer buy back from the 5th anniversary of completion.
Completed Hotel Investment North of London
The hotel will be operated as a conference centre by a leading European conferencing firm, Chateauform.
The Needham House Hotel is the development of an existing hotel and conference centre, selected in consultation with Chateauform, as it offered a good range of facilities with the potential to improve them further enabling Chateauform to provide excellent conference facilities to their blue chip clients.
Work has commenced to refurbish the existing accommodation with plans to extend the facilities further. Needham House already has six meeting and conference rooms with a capacity for up to 300 delegates, but these facilities will be extended by up to a further 15,000 square feet with state-of-the-art multimedia facilities.
Needham House Hotel Investment
Needham House enjoys an excellent location just 30 miles north of central London, easily accessible by road, rail and air and enjoys a picturesque setting in the village of Little Wymondley in Hertfordshire.
The hotel has easy access to the road network via the A1(M) close by. Rail links are good, with Stevenage mainline station 5 miles away and London's Kings Cross station is just a 20 minute journey. Luton Airport is 20 minutes by road and London Heathrow Airport is under an hour.
Availability is strictly limited with just a handful of units remaining; investors should act promptly to avoid disappointment.
Completion: Completed
