1 Bedroom Studio Flat for sale
Mount Stuart Square Cardiff CF10.
Offers in Excess of £80,000
Grad II Listed Building
Great Investment Opportunity
- Asking Price:
The Exchange Hotel is a high yielding Hotel investment development by Signature Living, their hotel investment model has an average occupancy rate of 85%.
The development comprises of 150, 000 sq ft in total Hotel Accommodation, High-end bar & restaurant, Spa & pool, Heritage centre, Premiere Wedding & Conference Venue
Return on Investment:
ROI for years 1-3 = 8%
ROI for year 4 = 9%
ROI for year 5+ = 10%
There is even an option for the developer to buyback the units at 108% of the purchase price during years 3-10 of the investment.
Investment Units Start from - £80, 000, price per sq ft is £250
This Grade II* listed Coal Exchange building is located in Mount Stuart Square, Cardiff a top Hotel destination, It 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.
Overlooking the Bay and with a chic, cosmopolitan atmosphere, The Exchange Hotel is located close to the Mermaid Quay leisure and retail area and the Millennium Centre Opera House. Less than five minutes from the city centre and the world famous Millennium Stadium, it’s the perfect destination for relaxing, partying or splashing out on a bit of retail therapy or personal pampering.
The wealth of waterfront restaurants, cafés and bars with menus from around the world mean there’s something for every taste and pocket - from a quick bite for fast movers to leisurely, luxury meal for visitors with more time on their hands. There are numerous museums, stunning buildings and events venues within close proximity and if it’s laughs you’re after, there’s nowhere better than the Glee Club - one of the UK’s top stand-up venues. Meanwhile shops and services range from stylish boutiques offering hot fashions & accessories, fine foods, fabulous furnishings and great gifts to Ken Picton’s award-winning hair dressing salon & spa. In 2018 a new tram system is planned linking the Mermaid Quay area to the wider south east Wales region.
To find out more about this Investment opportunity please do contact us.
- Property Age: 2 years
- Council tax band: A (£100.00 Per Month)
- Chain position: No chain
- Double Glazing: Throughout
- Heating: gas
Local Area (within 1 kilometre)
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Based on 1% average high street estate agency fee and our No Sale No Fee package value. figures correct as of 20/09/17.