- Seafront Hotel with Spectacular Views of the Harbour and Beaches
- Over £20 Million Invested in Tenby’s Infrastructure
- Voted Top 10 Beach in the UK
- 10% NET Returns for 10 Years
- Large Family and Double Rooms
- Purchase Price from £90k
- Assured Buy-Back from Years 5/10
- Fully Managed with No Fees/Charges
- Award Winning Management Company with a Strong Track Record
- 2 Weeks’ Free Personal Usage
- No Stamp Duty
- Only £ 1,000 (Refundable) to Reserve
Located in the picturesque town of Tenby, the Carmarthen Bay Hotel & Spa, a four-star facility with 75 beautiful double and family rooms, hosts the region’s most exclusive destination for weddings, conferences and holidaymakers.
With a prominent position on the clifftops, above Tenby’s North Beach, Carmarthen Bay Hotel overlooks the picturesque and historic harbour. The hotel has a pathway down to the beach which stretches across the beautifully landscaped gardens. I only had a few minute walk to the town centre, yet the hotel is nestled in one of the most secluded and beautiful spots in Tenby.
Tenby itself has more than 200 listed buildings and is famous for its fortified walls, originally built by the Normans in the 13th Century and the picturesque Old Town still retains its Medieval charm with shops, restaurants and cafes all linked by quaint cobbled streets. I loved roaming through Tenby’s historic streets – with views of the mighty Atlantic and Harbour at every turn of the corner.
With its picture-perfect-scenery, miles of beautiful beaches and a plethora of attractions to enjoy, Tenby is arguably one of the jewels in the crown of Wales and destination point for thousands of tourists who visit the resort every year. What I loved about Tenby was the individual shops – one offs, not High Street stuff, cosy cafes and pubs, and historic and cultural landmarks.
Also, Tenby’s proximity to the world-renowned Pembrokeshire Coast National Park, makes it the perfect base from which to explore the wild and rugged landscapes, the unspoilt beaches and the rich history that makes it such a fantastic and enriching place to visit.
The hotel is comprised of two large Georgian terrace houses built over 180 years’ ago as summer houses. Carmarthen Bay is regarded as one of Tenby’s most luxurious hotels.
Having bought the adjacent property, which I have been in, the hotel is expanding due to growing demand, with the introduction of 35 new double and family rooms which are available to purchase.
With the commercial spaces in the existing hotel having already undergone extensive renovation, this provides a unique opportunity to purchase in this picturesque location.
By increasing the number of rooms from 40 to 75 beautiful double and family rooms, all boasting 4 star facilities, it will further enhance the hotel’s reputation as the region’s most exclusive destination for holidaymakers, weddings and conferences.
In addition, the hotel also has a magnificent restaurant with 50 covers, two conference rooms, a spa, an outdoor heated swimming pool which I swam in, and a lovely function room which leads out to the impressive gardens and down to the beach via a private path. I relaxed on one of the benches in this luscious garden.
Not surprisingly, this is a hugely popular venue for weddings and events, and with its unrivalled views across the bay, it enjoys year-round-bookings.
THE AREA – AMONGST THE MOST BEAUTIFUL AND SOUGHT AFTER IN THE UK
Nestled between the rolling hills of Pembrokeshire and the beautiful Carmarthen Bay, lies the family-friendly Carmarthen Bay Hotel & Spa. The town of Tenby, a famous fishing village which dates back to the 13th century, is nestled between the rolling landscape of Pembrokeshire and Carmarthen Bay. With over two miles of beautiful sandy beaches, Tenby is a hugely popular tourist destination as many of the beaches have been awarded ‘Blue Flag’ Status.
Wales is an extremely popular UK tourist destination, with 75 million day trips recorded in 2015. Tenby has proved to be a well-loved visitor destination, with consistently high tourist figures year on year.
Pembrokeshire where Tenby is located welcomes 4 million visitors each year, and generates £520 million for the local economy. There is a growing number of stay-cations with many guests from London, the South of England, and abroad.
Tenby has benefitted from European and central government funding which have significantly improved the infrastructure of the area over the past 10 years, making it increasingly attractive to visitors and businesses. There has been £20 million investment into leisure facilities by Pembrokeshire County Council.
The Welsh Government continues to provide major investment to establish Wales as a key destination for tourists. This is working and an increasing number of holidaymakers visit Wales and tourist spend continues to rise.
Jean Liggett enjoying herself at a local pub in Tenby.
She observed that it was mainly full of locals.
BUYING PROCESS EXPLAINED
We listen to your needs to be able to establish a full client profile for you. We can then confirm whether Carmarthen Bay Hotel is the right opportunity for you.
1. You will be sent a reservation form which you will need to complete and sign and return to us.
2. You then need to pay a £1,000 reservation deposit within 48 hours of receipt of signed reservation.
3. A memorandum of sale if then produced the developer’s Sales Team and send to the vendor’s solicitor and to your solicitor. A contract will then be sent to your solicitor for them to review and send to you.
4. A welcome back will be sent to you from a member of the sales team detailing the purchase process and a brief outline of your solicitor’s anti-money laundering (AML) requirements. Attached to this will be receipt of your £1,000 refundable deposit.
5. Your solicitor will also send you the purchase contracts and their report on title. This is your third party advice that relates to your purchase.
6. Once you are ready to proceed, you will be asked to sign and where appropriate have your witness sign the contracts and return them to your solicitor, using a secure, signed-for delivering service. At the same time, you are required to transfer the balance of purchase into your solicitor’s client account.
7.Upon receipt of your documents and the balance of purchase monies, exchange can take place. Your solicitor will then attend to all registration formalities with the Land Registry.
The leaseback (called sublease in the contracts) is a financial transaction whereby the vendor of an asset leases back the same asset from the purchaser.
The operator assumes all responsibilities for the day-to-day running of your hotel room and all costs.
Unlike with a traditional residential buy-to-let, you are not responsible for: property management fees, property maintenance, refurbishment, any tenant related issues including vacant periods and damage to the flat.
This provides a hassle-free, hands-off property investment that generates income for you with your not needing to do anything.
At the end of years 5/10, you have the option to exercise the buy-back for your peace of mind. The developer will purchase the unit back at you at 112.5%/125% of the purchase price.
You can at any time sell your hotel room on the open market.