Where is Hurst House on the Marsh?
Hurst House on the Marsh is located in South Wales, around 15 minutes from the end of the M4, just outside the small township of Laugharne.
It is fifteen minutes from Carmarthen, home to the main railway line from London, a half hour drive from the coastal town of Tenby and a similar distance from the picturesque village of Narberth.
They also have their own helipads for those travelling by air.
How much is the deposit?
The reservation deposit for full ownership is £1,000 and for fractional ownership is £500.
On contract a 50% deposit is required. The remaining 50% can be financed from the developer with guaranteed 0% interest, non-status finance should you wish.
How many suites are available?
The current availability of the suites in Hurst House Hotel, can be viewed here
What is the guarantee based on?
What information do you have on the operators of the hotel?
What are occupancy levels?
HLL HUMBERTS LEISURE have predicted 66% occupancy for the hotel as a benchmark however bookings already average 43% over the next 12 months.
What ROI can I expect?
The returns on this opportunity at Hurst House are guaranteed and written into the contracts.
You will receive, 10% of your purchase price back each year as a rental income, for 15 years.
Investors not taking the finance option will also receive a buy back guarantee of 150% of the purchase price 15 years from completion. That is, there is a guarantee in the contract that the operators will buy back your suite from you, should you wish, at 150% of the purchase price you paid, 15 years after completion.
You can of course choose to resell your unit on the open market at any time.
Is the hotel still on The Sunday Times 'Worlds 100 Best Hotels' list?
Not at the moment, it was featured on the list in 2008.
The hotel was initially opened about 10 years ago, it ran wonderfully as a going concern and achieved fantastic feedback from peers in the industry with fabulous reviews.
The group that owned the hotel had differing ideas on where they should be and after losing out on a project site purchased in London due to title issues, the group that owned the hotel went into administration.
In July 2011 the original renovator and designer of the hotel, (who left the hotel in 2008) bought it back and has since not only sold out 12 months of wedding dates but also put the hotel well and truly back on the map.
There are high hopes that hotel will be back on the next list.
Do you have any other questions?
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