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Guaranteed Returns for Investors
The Junior Suites at the Flaxby hotel are on offer with a guaranteed minimum rental
income
of 8% for 10 years (Gross £19 996pa). However Investors will earn the greater
of guaranteed
earnings or 50% of net room revenue. Investors need only a 30% deposit plus fees
as 70%
developer loans are available. The guarantee is provided by the developer Skelwith
Leisure.
Feasibility Study
An independent feasibly study confirms occupancy rates of 60% to 70% to comparable
hotels in the “Golden Triangle” Skelwith believe that the Flaxby can
easily match this.
Analysis indicates that an occupation rate of some 40% will service overheads &
guarantees..
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