FACT SHEET
Metro Park Hotel - LEICESTER Metro Park Hotel previously named as Abbey Hotel and is now going through complete refurbishment, The Metro Park Hotel will offer Newly furnished rooms with the following features and facilities, Hotel is due to be opening BY EARLY NEXT YEAR!
Your Agency Coordinator Sahar BA Business & Finance Trivelles International CEME Innovation Centre Marsh Way Rainham Essex RM13 8EU UK: +44 (0) 7503728440
Thailand: +66 6 17196477 Email sahar@trivellesinternational.com
1.
Developer: Commerce International is apart of our Group of companies.
Website Address: http://commerceint.co.uk
COMPLETION DATE: March 2016 Please click on the links below highlighting news on UK particularly Leicester's booming property market. FACILITIES: Gym, Modern Wine Bar, Café/Breakfast Lounge, Reception/Front Desk, Contemporary Designed Bedrooms, Currency Exchange Service, Laundry Services, Newspapers, Wi-Fi in all rooms, Wi-Fi in Public Areas, ATM Cash Machine on Site, Airport Transfer, Disable access, 24 hours security, Bicycle Stand & Free Car Parking, Recreation Lounge, Walking distance to Town Centre and Tourist Attractions, Minutes’ walk to Transport facilities. ROOMS: Single Executive: 12 Double Executive : 10 Twin Room:2 King Executive:7 TOTAL: 31 TENURE: 999 Years Lease Hold PRICES From: £39,700
RENTAL GUARANTEE: 1. 8% Net Rental Guarantee FOR 5 YEARS 2. More attractive fixed options will be given after 5 years. 3. Upon expiry of 5 years, If the buyer wishes to come out of fixed option then 70% Net profit will be given to the buyer and 30% will be kept by the hotel operator. RENTAL GUARANTEE INSURANCE: Rental Income is protected by one the best Rental Guarantee Insurance in UK. Hotel Data Total Number of let-able units in Hotel 31 Type of Units Single Executive 12 Double Executive 10 King Executive 7 Twin Room 2 Single Room: Income Expected rent from Hotel Operation Single Executive £45 per night Total income expected from all room per Annum @ 70% Occupancy Daily Rate; £45 per night Yearly income: 45 x 365 = £16,425 70% Occupancy = £11, 497 HOTEL EXPENSES: Service Charges: Ground Rent: Total Costs:
£1,600 £600 £ 2,200
Income: 11,497 - 2200 = £9297 RENTAL GUARANTEE: £5,592 p.a After paying the rental guarantee there is a positive buffer as below POSITIVE BUFFER: £3,705 p.a Income on Deposit Funds: 2% income paid during construction by legal agreement RENTAL INCOME IN ADVANCE: First Year rental income paid within 45 days of Completion. Money held in a Solicitors Escrow Account and paid through solicitors.
The Metro Park , Leicester, UK Highlights of Leicester, UK 1. Leicester has a vibrant cultural scene with a growing number of exhibition spaces ranging from modern and old masters at New Walk Museum & Art Gallery to independent artist-led space at Two Queens in the Cultural Quarter. 2. Leicester is the Curry Capital of the UK. 3. Rugby World Cup 2015 (RWC 2015) is coming to Leicester this October With a projected value of £982 million to the UK economy and at least 460,000 visitors expected to travel into England and Cardiff for the Tournament, Rugby World Cup 2015 will be one of the highlights of the 2015 sporting calendar. 4. Leicester has a vibrant city centre surrounded by many special buildings and places. 5. Due to high frequency of visitors in City Centre, Hotels and B&B business is very stable and profiting.
Universities and Colleges in Leicester
1. University of Leicester is in the top 25 Universities targeted by leading UK employers. 2. Leicester College is one of the largest in the UK with more than 27,400 learners studying on a wide range of courses, from many backgrounds and with different ambitions and aspirations. 3. De Montfort University has approximately 27,000 full and part-time students, 3,240 staff and an annual turnover in the region of £132.5 million.
“ The Metro Park “ Salient points for Location
1. University of Leicester. 2.2 m, 11 min drive 2. Leicester college- 0.8 KM, 10 minutes walk 3. De Montfort University
1.5 miles
4. Riverside Business and Enterprise College 3.1 miles 5. National Space Centre, 0.6 miles 6. Surrounded by The Range, Halfords, B&Q and Abbey Retail Park. 7. In front of Abbey Park, the biggest park in the City Centre Leicester.