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The Harland Hotel, Scarborough

Aberdeen Walk, Scarborough YO11 1XW, UK
£50,000

Description

The Harland Hotel, Scarborough, North Yorkshire.

THE OPPORTUNITY
Bubble – Units from just £50,000

The Investment Opportunity

This is your opportunity to purchase a fully furnished hotel bedroom or suite and then lease it back to the developer. The operator, Giant Hospitality, assumes all responsibilities for the day-to-day running of your property and for all costs.

Unlike a traditional buy-to-let, you are not responsible for monthly property management fees, property maintenance, refurbishment, or any tenant-related issues, including vacant periods that may result in a loss of earnings. This opportunity provides a hands-off, hassle-free, income-generating asset.

Returns: 10% NET Per annum for 10 years

Exit strategy: Developer Buyback year 10 at 125% or a further 5-year extension and buy back in year 15 at 125%, or of course you can sell your unit through the open market at any time.

The Investment Figures 

Choose from the following room types priced from just £55,000

  • Sea Facing Balcony Double Suite           £85,000
  • Sea Facing Balcony Double                     £80,000
  • Sea Facing Double Suite                          £82,500
  • Sea Facing Double                                    £75,000
  • Inland Double                                            £65,000
  • Sea Facing Small Double                         £70,000
  • Sea Facing Single                                      £60,000
  • Inland Family                                            £100,000
  • Inland Single                                             £50,000

Buy your unit using full cash input and benefit from 10% NET yield for 10 years paid annually in arrears.

Example

Purchase price                                                                                     £80,000

Client cash input                                                                                 £80,000

Reservation fee                                                                                    £500

Balance of cash deposit                                                                      £79,500

Assured tenancy period                                                                      10 years

Income circa 10% PA for 10 years.                                                   £80,000

Buyback at 125%                                                                                  £100,000

Total purchaser returns                                                                      £180,000

Cash received over and above initial cash input                            £100,000

Return on Investment (ROI)125%

WHY INVEST IN SCARBOROUGH?

Having been granted government support, Scarborough is currently one of Yorkshire’s ‘Renaissance Towns’ and in recent years has seen a huge injection of

investment. As a result, many classic Victorian buildings are being restored to

their former glory alongside quality contemporary new-build architecture.

The rejuvenation continues with such facilities as a new casino, a flurry of restaurants appearing, along with major retail outlets opening. The re-opening of Scarborough’s Open Air Theatre in 2010, following a £3.5 million renovation, also helped to draw in an influx of visitors and it remains one of the town’s most popular attractions.

Over the next five years the Yorkshire Coast is set to see an unprecedented level of investment, potentially in excess of £2 billion, including plans to develop a new potash mine in Scarborough Borough, creating an estimated 3,000 jobs. Major harbour infrastructure plans are also being developed for Scarborough and Whitby ports, at the cost of £80 million, while £15 million will be dedicated to improving transport infrastructure over the course of the next five years.

Property Documents

  • State/county: United Kingdom
  • Country: United Kingdom

Detail

Updated on September 29, 2025 at 10:44 am

  • Price: £50,000
  • Project Name: The Harland Hotel, Scarborough

Contact info

Residential, Edmund Tie & Company (Thailand) Co.,Ltd.
CONTACT AGENT
Residential, Edmund Tie & Company (Thailand) Co.,Ltd.
02 114 3827

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