Student/Care Accommodation

Investment Case

• Type Studios
• Tenure : 125-Year Leasehold
• Timeline : Q1 2019
• Guide Price : £85,950
• Rental Guarantees : 10 Years
• Yield : 10% NET per annum

Overview

This former hotel will be transformed into a boutique luxury resort with many rooms benefiting from an idyllic sea view and will be available for long and short-term guests. Situated in Morecambe Bay, a coastal town set on the edge of Morecambe Bay in Lancashire. Known as the gateway to the Lake District it is the perfect location to access the wonders of Lancashire. The fully furnished studios will be complemented by the Group's vibrant interior design schemes creating truly unique living spaces designed for later life.

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