0 Bedrooms for sale in Meltham, Holmfirth HD9 | £ 49,950
Overview
| Price: | £ 49,950 |
|---|---|
| Contract type: | For Sale |
| Type: | |
| County: | West Yorkshire |
| Town: | Holmfirth |
| Postcode: | HD9 |
| Address: | Meltham, Holmfirth HD9 |
| Bathrooms: | 1 |
| Bedrooms: | 0 |
Property Description
In the past two years the hotel has benefited enormously from targeting the booming industry of the over 40’s ‘staycation’ visitors. Retired and semi-retired visitors flock to the hotel from all parts of the UK and abroad taking advantage of attractive deals which boost the hotels midweek trade.
Over the same period the hotel took a stand and despatched with the previous owners wedding plans which revolved around offering low budget weddings at short notice.
Instead they raised prices and offered a better service halving the number of weddings but increasing the profits something which forms part of the long-term wedding strategy.
Investment Highlights
- Hotel Room Property Investment
• Room prices from £49,950 - £79,950
• Annual returns of 10% paid quarterly in arrears
Popular wedding venue with beautiful grounds
• Occupancy consistently over 70%
• 5 year buy back at 115%
• Over 10 million visitors to the local area every year
• Great transport links to a number of Northern Powerhouse cities
Location Highlights
Located on the doorstep of one of the most beautiful national parks in the UK, the Peak District means that the hotel attracts people from all walks of life seven days a week.
Walkers, cyclists and nature lovers all use the hotel as a stop off whilst exploring the incredible scenery that the National Park has to offer.
Business users make up the bulk of the weekday visitors especially in Autumn and Winter months.
With great links to the M62 the hotel is the perfect place to stop off between the cities of Manchester, Leeds and Sheffield as the hotel offers competitive rates to the more discerning of business travellers.
Weddings are not the only events taking place at the hotel. As one of the largest venues in the village of Meltham, Durker Roods hosts many a celebration from birthdays to christenings to large corporate events, it is a popular venue in the local community.
Property Location
Property Marketed by Doorsteps.co.uk, National
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