Added On :
Cumbria, United Kingdom
02 Oct 2017
£ 85,000 / € 95,094 / $ 112,164
Invest in a country house spa hotel room that overlooks the Lake District Peaks and is less than a mile from a World Heritage Site from £85,000 and benefit from an annual 10% NET rental income, two weeks free usage plus a 125% buy back at year 10.
Eden Country Spa sits proudly in 140 acres of manicured gardens and natural woodland near to the Scottish borders and on the edge of Northumberland National Park. It's one mile from the World Heritage Site, Hadrian’s Wall, and a short drive to four great golf courses. Tourists from around the world are already attracted to a truly unique spa experience here because the grounds boast an historic sulphur well and healing waters.
The hotel enjoys unrivalled views across the Eden Valley and towards the imposing peaks of the Lake District. The Irthing Gorge sits within the grounds and guests will have easy access to the River Irthing and can take full advantage of the hotel's fishing rights. In it’s newly branded four-star format, the hotel facilities will also include a fabulous swimming pool, spa and fitness suite, indulgent lounge areas, an updated conference centre, a fine-dining restaurant and a relaxing cocktail lounge bar. The hotel's long term objective is to create a micro destination with an equestrian centre and adventure trails.
The hotel has eighty-six en-suite rooms; twelve standards, seventy-one double/twins and three family rooms with lift access to the second and third floors. This fully-managed accomodation is operational but will undergo a one year rolling refurbishment starting in 2018.
With an entry level of £85,000 a contracted annual 10% NET rental income, two weeks free usage plus a 125% buy back at year 10, this investment ticks all the boxes.