Devon Bay Hotel is located in the coastal Town of Ilfracombe which, with population of over 12,400, is the second largest settlement within the district. The Hotels excellent location means there is no need for a car as there is a number of attractions within walking distance, including the award winning Ilfracombe aquarium, the unique Tunnels Beaches, fascinating Ilfracombe Museum, Larkstone Leisure Park & Chambercombe Manor.
Golf course, Tennis Courts, Swimming Pool & Musceums are all a few minutes walk away.
Devon Bay Hotel & its friendly professional staff offer all the modern day facilities & services needed to ensure that guests experience a comfortable & memorable stay:
Unit Price: £54,900
9% returns per annum: £4,941
Total income in 5 years: £24,705
The figures above are NET, excluding ground rent. The ground rent is £400 per annum.
There is also 110% buy back option available in year 5.
Q- Is the Hotel operating?
Q- How far is the beach from The Hotel?
Q- How long is the lease?
Q- Can I stay in the room I purchased?
Q- When will I receive my rental income?
Q- What is the payment plan?