We are delighted to announce the release of a new UK hotel investment. The
nitenite hotel Birmingham is an
operational hotel and investors are able to invest in this excellent hotel from just £50,000.
This exceptional investment provides investors with the opportunity to
invest in Birmingham's thriving hotel sector and receive
excellent projected net yields. Birmingham is one of the main UK markets for conferencing along with Glasgow, Manchester and of course, London.
The nitenite hotel investment provides purchasers with a
"hands off investment" as it will continue to be operated under the well established 'nitenite' brand, which has received positive reviews from paying guests on major review websites, highlighting the quality of the accommodation, customer service and value for money. The concept is ideal for the conference market.
The concept for the hotel was
inspired by the Japanese 'capsule' hotels, but developed for the UK market, to provide more personal and comfortable accommodation. Each room is finished with cherry wood and leather furniture, with a double bed, 42" plasma television, Wi-Fi access and a wet room en-suite bathroom.
The hotel is located on the ground and first floor of a modern 18 storey apartment building in the
fashionable 'Canal Quarter' of the city close to shopping centres and the business centre, appealing to both leisure and business users. Nitenite Birmingham has a contemporary finish, with an impressive entrance and reception area and on-site café bar.
Birmingham has a wealth of attractions, exhibitions and events, which act as major demand generators for overnight accommodation, including the National Exhibition Centre (NEC) and the LG Arena attracting a total 3.6 million overnight visitors per year.
The National Exhibition Centre (NEC) is the largest exhibition centre in the UK with over 4 million visitors and 160 trade and consumer exhibitions per year, creating massive demand for overnight hotel accommodation. The LG Arena hosts major entertainment events and has recently undergone £29 million refurbishment increasing its capacity to 16,000. The LG Arena is now one of the busiest music venues in the world.
Birmingham is the UK’s third largest retail centre, with £2.43 billion turnover per year. It has some of the UK’s largest department stores and the famous "Bullring", which is the UK’s busiest shopping centre.
Availability is strictly limited; therefore we would recommend that investors act promptly to take advantage of this superb opportunity.
