HOTEL GROUND RENT INVESTMENT - DETAILS
The Kimberley Hotel is one of Harrogate’s hidden gems. Offering 71 bedrooms with ensuite facilities, it is centrally located, situated next to Conference Centre, the hotel has a bistro & bar and secure parking.
During 2016, Allan Properties completed a sale and lease-back from the original operator/freeholder.
The investment strategy reflects:
- High yielding investment income
- Positive cashflow stream
- Potential to develop into a residential scheme
Student Housing - IMAGES
The Company are continuously looking for opportunities to invest in diverse and evolving sectors and in 2016 - 2017 have identified long term growth potential in student housing and hotel investments. These are freehold ground rent investments which provide a broadening of the existing portfolio and long term growth potential.
The student housing portfolio comprises a large number of units offering self-contained studio and ensuite accommodation located in various recognised university cities across the country.
Demand for student accommodation remains bouyant while student numbers are stable, there is a continuing shortage of property in all the core university cities. This dynamic means rental income can increase steadily and void levels are low.
The investment performance is generated from 3 specific areas:
- Rental income from the assets
- Formal rent review dates
- Capital appreciation of the portfolio