Cardiff, Wales Iconic Hotel Investment 8% Assured For 3 Years And Developer Buy Back
- Investment Type: Investment
- Bedrooms: N/A
- Bathrooms: N/A
Invest from: £80,000
Cardiff, Wales Iconic hotel investment 8% assured for 3 years and developer buy back
- Purchase Price: £80,000
- Net Yield: 8%
- Price per square foot: £300
- No of Apart-hotel units: 170
- ROI for years 1-3: 8%
- ROI for year 4: 9%
- ROI for year 5+: 10%
- Assured net rental of 8% per annum
The Grade II* listed Coal Exchange building is located in Mount Stuart Square, Cardiff and has one of the richest histories of all heritage buildings within Wales. In the 18th Century as Cardiff became the biggest coal port in the world, the building was constructed between 1883 and 1886 by Edwin Seward as a base from which to conduct trade negotiations regarding the coal mines of the South Wales Valleys – most of which was shipped to Cardiff for distribution.
The property is located close to the Mermaid Quay area, Marina and Opera House, which has been a major focus of regeneration over the last 20 years for Cardiff Council. Bringing the Coal Exchange back to life is a natural next step in this process and is something the people of Cardiff have wanted for some time, many of them having been through and used the building over the past 30 – 40 years in different ways.
Situated just minutes from Cardiff’s top entertainment, nightlife and cultural attractions, this luxury wedding venue and historic hotel boasts exceptional amenities including spa, bar and restaurant.
The hotel will be fully managed by Signature Living, the leading luxury group accommodation provider.