Epic Hotel, Norfolk Street, Liverpool, L1

For Sale - - From £109,950

Property photo

1 Bedroom, 1 Reception, 1 Bathroom, Hotel

EPIC HOTEL | SUITE FROM £109,950


The Epic hotel is the First luxury chic style hotel and spa which has a roof top swimming pool in the up and coming and trendy Baltic triangle area of Liverpool, with amazing Views of the River Mersey from the upper floor suites and Liverpool's first roof top pool and sky bar.

Located in the heart of Liverpool City Centre, Epic Hotel & Residence is a 16 storey mixed development comprising of 306 bed hotels, 50 exclusive residential apartments with associated gym, spa, restaurant, conferencing/banqueting facilities, entrepreneurial hub, sky lounge and associated access, servicing basement parking and landscaping.

All units at Epic Hotel will be furnished to high specification, which has been included in the price. The development will be operated by Epic Brand, which has an exceptional track record in the north of England, and is the One & Only hotel operator in Liverpool to hold world class service accreditation which is a testament to the customer service offered. All the hotel suite will be fully managed by Epic Group, offering investors 10% rental return per annum for 10 years, with an option to buy back at 120% of the initial purchase price at the end of 4th year.


INVESTMENT OVERVIEW

* Traditional suites from £109,950, Club Suites from £129,950. (upon construction commencement £10K Price increase)

* Rental Guarantee: 10% net rental assurance for 10 years.

* Tenure: 250 year leasehold title deed.

* Ground Rent: £350 per annum

* Reservation fee: £5000

* Payment Plan 1: 40% on exchange, 40% 1st July 2019 and the balance at completion (2% interest on deposited funds)

* Payment Plan 2: 25% exchange, 25% due 1st July 2019 and 50% balance due at completion.

* Returns paid: quarterly in arrears

* Interest on funds: 2% interest on payment option 1.

* Buy Back: Yes, Developer buy back option at the end of year 4 with 20% uplift (must be executed within 12 months)

REGISTER YOUR INTEREST

To register to your interest call our investment team on 0330 223 0331.



Branch Address
Business & Technology Centre
Shifnal Road
Priorslee
Telford
Shropshire
TF2 9NT
Contact
A: nu: move Limited
T: 0330 223 0331
E: sales@nu-move.co.uk
Reference: NUMOV_000935
IMPORTANT NOTICE
Descriptions of the property are subjective and are used in good faith as an opinion and NOT as a statement of fact. Please make further enquiries to ensure that our descriptions are likely to match any expectations you may have of the property. We have not tested any services, systems or appliances at this property. We strongly recommend that all the information we provide be verified by you on inspection, and by your Surveyor and Conveyancer.