WHY SHOULD THIS PROPOSAL BE OF INTEREST TO ME?

WHY SHOULD THIS PROPOSAL BE OF INTEREST TO ME?

This will be the first boutique hotel in Liverpool’s Baltic Triangle, the single most talked about area in the city at the moment. Unique in design within a beautiful historic building, its elegant facade will discreetly house an eclectic, visually stimulating urban retreat. A meeting hub by day to service guests and visitors will meld … Continued

IS THERE ANY INDICATION ABOUT THE EXPECTED OCCUPANCY LEVELS?

Liverpool city centre has been experiencing unparalleled levels of tourism over the last decade culminating in our highest occupancy levels to date. We currently have less than fifteen hotels described as “boutique” with demand consistently outstripping supply. We have designed a unique concept which will provide flexible accommodation in a vibrant, atmospheric setting within the … Continued

WHAT ARE THE BENEFITS OF GETTING INVOLVED?

No stamp duty is payable on purchase, the same applies to ongoing commitments such as management charge or ground rents which you would associate with more traditional residential investments. As an ‘armchair investor’, your yield is paid quarterly in arrears net at 10% pa. The ROI is not based on the occupancy level of your … Continued

WHO ARE THE LAWYERS FOR THIS SCHEME?

Living Brick Ltd will retain TQ Property Lawyers to act on our behalf given our historical relationship and their expansive knowledge in structuring previous similar sales. We will advise buyers to retain MSB Solicitors, given the complexity of this specific purchase process and their expertise in this field. Whilst buyers may have a preference for … Continued

WHAT SECURITY DO I HAVE?

As an investor you will own the title deed to your specific unit, this will be registered in your name at the Land Registry. On practical completion you will be given a first legal charge over the building, Living Brick Ltd will retain both the freehold interest and the long leasehold interest in the ground … Continued

WHAT ARE THE INVESTMENT OPTIONS AND THE EXPECTED RETURNS?

The investment provides two payment options, in both cases you reserve your desired unit with a £5,000 reservation fee. Option 1 is to purchase a unit in its entirety at 100% with the 10% yield, paid quarterly in arrears, from exchange. Option 2 is to deposit 25% on exchange with a further 25% payable 3 … Continued

WHO ARE THE CONSTRUCTION PARTNERS?

All of the professions engaged on the project have a historical working relationship with Living Brick Ltd. In terms of the design element we are working with Adam Morgan of Studio RBA, structural engineering is provided by Kevin Lockley of PKL, Marc Murray of Taurus Construction will project manage the scheme and provide monthly construction … Continued

WHAT ARE THE TIMESCALES?

The development is set to begin in Q4 of 2018 with an estimated project timeline of twelve months to practical completion, this will include the sensitive restoration of the existing building with an additional, contemporary, three floors to be added. The hotel will be fully operational within the specified timeframe as will the Wolf & … Continued