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For Sale 1 Bedroom 1 Bathroom 1 Reception From £80,000
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Bedford Street, Belfast, BT2 - From £80,000

  • Investment Opportunity
  • Hotel Suites for sale
  • 7% ROI, increasing after year 3
  • Buy back option, at least 106%
  • Central Belfast Location
  • Luxurious redevelopment of Grade B1 listed building

Baronial Hotel | Hotel Suites

Nu:Move are proud to present a series of luxury hotel suites on sale as units for an investment opportunity. Investors can expect guaranteed yield of 7% ROI in years 1-3, 8% ROI in year 4 and 9% ROI in year 5. Exclusive buy back option is available commencing at 106% of sale price and increasing with number of years of ownership.

The beautifully crafted Baronial Hotel boasts a Belfast city centre location which attracts 6.4 million tourists per annum with the tourism economy valued at £450 million per annum and forecast to increase to £870 million in 2029. The Republic of Ireland is an EU member country and the City of Belfast is the hub of the majority of commerce and finance business. In addition the city has an international reputation with world class financial and academic institutions.

Located on the junction of Donegall Square and Bedford Street, The Baronial Hotel is in a prime city centre location overlooking Belfast City Hall and accompanying gardens. The Grade B1 listed building was built by Henry Seaver and completed in 1904, it was originally named the Scottish Temperance Building before later being changed to the Scottish Mutual Assurance Society Building. With its classic Baronial style using Dumfries stone and corner turrets which were battlemented, the development of this prominent building is set to be nothing short of remarkable.

Availability:

* Units on sale from £80,000 to £149,995 with 7% yield return on investment

Payment Plan:

* £2500 reservation fee

* 50% on exchange

* 50% on completion ...Read Less

The Stamp Duty for this property would be £0    (Show break down) (Hide break down)

Purchase price bands (£)Percentage rate (%)SDLT due (£)
Up to 125,000 0 £ 0
Above 125,000 and up to 250,000 2 £ 0
Above 250,000 and up to 925,000 5 £0
Above 925,000 and up to 1,500,000 10 £0
Above 1,500,000+ 12> £ 0
*This is for illustrative purposes only

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