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Hotel Room Ownership

We Promised You, Unique Property Adventures

The 30% Profit Was An Accident & Cannot Be Guaranteed!

One of our jobs at Unique Property Bulletin (here and here) is to make it possible for those of our readers who wish to join in with a unique property adventure to have that opportunity, and at an affordable level. Instead of having to pay £350,000 for an overly large lighthouse station, we have made it possible to safely and securely own a “FullShare” part of the unique hotel buildings in this series. For the first (completed) example, it was £30,000 for a bedroom, and included a 20% ownership of the rest of the building…

^^ Tower House Hotel ^^

Wick, Close To John O’Groats.

Please Note: All of these hotel rooms have been bought (at £30,000 each). Because of the safe and secure “FullShare” method of ownership where all hotel-room-owners have legal certification that is auditable directly to HM Land Registry, each member has a direct and proportionate VOTE on what happens to THEIR building.

In this case, our Noss Head Lighthouse Hotel (formerly Clan Sinclair Residential Study Centre: click here), completed a renovation process. Following the full restoration, we provide a photographic example of bedroom number 1…

^^ Bedroom Number 1. Cost £30,000 ^^

^^ Sold: £49,800 ^^

^^ Tower House Hotel ^^

The whole hotel renovation share per bedroom equated to £10,800 for each owner. This is a “Grade A” listed building, so the costs are a little bit higher. All renovations are project-managed and paid for by Unique Property Bulletin Ltd. The Hotel-Room-Owners only need to pay the £30,000.

Once the renovation costs had been cleared, this gave a net profit/surplus (depending on sole or main residence status) of £9,000 per Hotel-Room-Owner. Precisely 30% uplift in value (not including the rental income during the period of ownership ~ lighthouse hotels are very popular holiday destinations).

=> The thorough restoration caught the eye of a couple who made an offer of £249,000. A fulsome set of “before” and “after” photographs of the restoration are linked at the foot of this segment.

=> Because we designed the “FullShare” rules to ensure that full CONTROL of the building’s current and future rests with the actual Hotel-Room-Owners, it was they who had the exclusive VOTE on whether to sell their restored hotel or not?

=> Our Hotel-Room-Owners voted 100% to say “YES THANKYOU” to the offer of £249,000. The sale went through (proof: click here) and several of our Hotel-Room-Owners from the far northern Lighthouse Tower Hotel adventure are keen to buy bedrooms in other similar venture (Tod Head Lighthouse Station near to Dundee is featured in this set of four current sales).

The Noss Head Lighthouse Tower Hotel (now a private residence) was a wonderful adventure and we shall narrate the marvellous time getting sunstroke in the far north at the sublime location in a future Unique Property Bulletin.

The renovation costs were (and always are) paid by Unique Property Bulletin Ltd. In the case of Noss Head Lighthouse Tower Hotel, the total was £41,540. Unique Property Bulletin Ltd., receives shares to the value of the cost of renovation. These are redeemed and share in any future surplus if, or when any of our group of hotels are sold.

=> The arithmetic here meant that ALL Hotel-Room-Owners at the Noss Head Lighthouse Tower Hotel received a net amount of £39,000, equating to a 30% surplus from their original inbound purchase of £30,000.

The Hotel-Room-Ownership floorplan is here…

^^ Example of A Completed ^^

Hotel-Room-Ownership Project

The main photographs of this Lighthouse Tower Hotel-Room-Ownership project can be seen via this link…

Successfully Completed

Hotel-Room-Ownership Project

Click Here

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Golden Rule Numbers 1, 2 & 3

In order to make Hotel-Room-Ownership work safely and securely, we all agree to a set of rules. The first three are very important:-

=> 1a]. Please can members old and new NOT send any money to Unique Property Bulletin Ltd.

=> 1b]. ALL funds MUST be sent direct to the conveyancing solicitors. The legal and valuable financial instrument issued in receipt is a 30,000 Share Certificate (at £1- per share. This in the holding company registered at Companies House. That company is registered at HM Land Registry as the OWNERSHIP entity of the Hotel. The Share Certificates are registered at Companies House (which is able to be inspected by anyone 24 hours a day, 365 days a year).

=> 2]. Mortgages on the hotel (and ownership company) are banned.

=> 3]. The hotels are fully insured.

Therefore each Hotel Room-Owner has a gold-standard set of ownership documents.

Form To Send Funds Direct

To The Conveyancing Solicitors

Click Here

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Now we start with actual unique property hotel-room-ownership. Including smaller Air B&B 3 bedroom unique properties.

For Sale

Bedroom 3