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CENTRE OF EXCELLENCE discover the home of hospitality

Transcript of CENTRE OF EXCELLENCE 1 - estateagentslive.net · extensive range of services, rooms, facilities and...

Page 1: CENTRE OF EXCELLENCE 1 - estateagentslive.net · extensive range of services, rooms, facilities and customer care ... Yorkshire has become one of the most sought-after holiday destinations,

1CENTRE OF EXCELLENCEdiscover the home of hospitality

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WELCOME TO THE FAIRWAYS HOTEL

It gives me great pleasure to announce the arrival of another

exciting NPD acquisition, the magnificent The Fairways Hotel,

located in the heart of Yorkshire.

Dating back to 1862, it becomes the latest addition to our growing

portfolio of prestigious properties and equally important, the

hotel we have chosen to become our new NPD headquarters

and centre of excellence.

Having seen the business grow significantly over the past year, we

have taken the decision to bring our management, operational and

training teams together and The Fairways Hotel, with its ideal

central location and superb facilities will provide the perfect setting

to showcase our business and entire hotel collections.

Featuring room types from our Manor, Premier, Boutique, and

Classic Collections, the hotel will also act as a training centre

of excellence for our operational teams, ensuring the highest

possible guest experience is delivered to all who visit.

The Fairways Hotel will become the heartbeat of NPD and we

are thrilled to be providing purchasers with a unique opportunity

to become a part of this incredible hybrid hotel.

Following a rolling schedule of sensitive refurbishment over the

next two years, we will further add to the appeal and charm

of The Fairways Hotel and we look forward to extending the

warmest of welcomes to you, at what will become the home of

hospitality in the heart of Yorkshire.

Gavin Woodhouse, NPD Chairman

THE

CO

LLEC

TIO

NS

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FOURCROFT

HOTEL

PREMIER

ATLANTIC

BAY HOTEL

PREMIER

FOXGLOVE

HOTEL

PREMIER

BELMONT

LLANDUDNO

BOUTIQUE

THE QUEEN'S

HOTEL

CLASSIC

LLANDUDNO

BAY HOTEL

PREMIER

CAER RHUN

HALL

MANOR

FISHGUARD

BAY HOTEL

CLASSIC

COACH HOUSE

BOUTIQUE

THE

HARLAND

CLASSIC

LAKESIDE

MANOR

MANOR

FABRIC

BUSINESS

GILSLAND

HALL HOTEL

PREMIER

BRACKEN

COUNTRY HOUSE

PREMIER

DUNSMORE

HALL

MANOR

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The HotelThe Opportunity

The ProcessAttractions

The Location

The Deals

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2014

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CONTENTS

CENTRE OF EXCELLENCEloca

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imag

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of W

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to Y

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hire

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THE OPPORTUNITY

The luxurious The Fairways Hotel will offer four-star accommodation and become a centre of

excellence for all our hotels.

Northern Powerhouse Developments are delighted to announce a truly

unique and exciting purchase opportunity with the arrival of the stunning

The Fairways Hotel in the heart of Yorkshire.

Boasting incredible charm and character this beautiful 17th century style stone-

built property will not only become the latest addition to join our growing

portfolio of nationwide hotels, but it will also become the new headquarters of

Northern Powerhouse Developments and a centre of excellence designed to

showcase the collections of hotels that we offer guests across the country.

As one of the region’s most prestigious destinations for weddings and conferences,

The Fairways Hotel sits just outside the vibrant town of Huddersfield and

becomes the latest hotel in our Yorkshire cluster of properties.

Featuring room types from our Manor, Premier, Boutique, and Classic

Collections, the hotel will also act as a training centre for our operational

teams and become the heartbeat of the group, ensuring the highest possible

guest experience is delivered.

Once part of the prominent Outlane Golf Club, the hotel is a hidden gem in

the rolling Yorkshire countryside yet is perfectly positioned close to the M62

motorway which provides easy access to both Leeds and Manchester.

Currently made up of 52 bedrooms we will shortly begin an extensive

refurbishment schedule to transform it into a four-star hotel boasting the style

and elegance associated with all our hotels.

Each of the current rooms, many of which enjoy stunning views across the

beautiful Yorkshire landscape and hotel gardens, will be lovingly enhanced

with the additional introduction of a hybrid collection of room types for

guests to experience.

The hotel’s 50 cover restaurant, function room and conference rooms will also be

completely renovated to provide award-winning fine dining and state-of-the-art

facilities, while a gym will also be introduced.

With its uniquely elevated position providing far-reaching views across the

rugged Yorkshire landscape, it is little wonder The Fairways Hotel has long

been a favourite destination for weddings and conferences and we look

forward to further enhancing its reputation over the next two years.

We are delighted to be able to share this unique opportunity to purchase in

this beautiful location and we look forward to welcoming you to one of the

north of England’s most prestigious hotels.

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MANOR collection PREMIER collection

BOUTIQUE collection CLASSIC collection

WELCOME TO THE CENTRE OF EXCELLENCE

As the headquarters for Northern Powerhouse Developments, we are incredibly proud to unveil The Fairways Hotel as our exciting new centre of

excellence and home to the Luxe Experience.

Following on from extensive refurbishment and expansion, the

hotel will allow guests, clients and our partners to fully immerse

themselves in the NPD culture and experience first-hand the

extensive range of services, rooms, facilities and customer care

we pride ourselves on.

Not only will The Fairways Hotel become the hub of all our new

projects and our impressive new HQ, it will also deliver:

A hybrid collection of room types

Home to the collection of hotel rooms we offer guests with

examples of our Manor, Premier, Boutique and Classic rooms

available on one site.

A dedicated training centre

With its ideal central location, The Fairways Hotel will become

a dedicated training centre for our commercial and operational

teams and ensure the high standards we set are maintained

and improved upon.

Client open days

Regular client days will be held at the hotel allowing our

network of clients to come and see first hand the different

options and room types available to them all under one roof.

Premier conference facilities

With its ideal location and close proximity to Leeds, Manchester

and the M62 motorway, The Fairways Hotel will become one of

the premier hotel and conference centres in the north and provide

first-class leisure and business facilities for guests to enjoy.

Manor Collection bedroom

Boutique Collection bedroom

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Premier Collection bedroom

Classic Collection bedroom

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HOTEL RATING

HOTEL LOCATION

HOTEL FACILITIESGUEST LOUNGE, AWARD-WINNING

RESTAURANT, BOARDROOM AND CONFERENCE ROOMS,

THE HOTEL

Built in 1862, The Fairways Hotel is steeped in history and will become the heartbeat of hospitality in this picturesque part of

the world.

Currently made up of 52 bedrooms, the hotel will undergo extensive refurbishment to transform it into a stunning four-star hotel which will further enhance its reputation as one of the region’s most exclusive destinations for holidaymakers,

weddings and conferences.

cover restaurantbedrooms of manicured gardens

cover function room

HOME OF NPD CENTRE OF EXCELLENCE

HYBRID COLLECTION OF DIFFERENT ROOM TYPES

Located halfway between London and Edinburgh and midway between the Humber and Liverpool ports, Huddersfield’s position alongside the M62 and close proximity to the M1 offers a high level of connectivity that will increase

due to significant planned City Region transport investment. Longer-term projects such as HS3 could further enhance links to Leeds,

Manchester, Sheffield and other large northern cities.Both Leeds/Bradford and Manchester Airports are also within a 30-minute drive.

acres52 50

180

3

1010

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THE LOCATION

The perfect base from which to explore all that beautiful Yorkshire has to offer.

Renowned as one of the UK’s most stunningly picturesque destinations,

Yorkshire has become one of the most sought-after holiday destinations,

welcoming an estimated 216 million visitors each year.

Home to unrivalled scenery, rugged landscapes, enchanting villages and stunning

heritage sites, it offers a wealth of things to see and do for keen explorers.

Well known for its natural beauty, the county boasts three national parks and a

wild sweeping coastline, providing visitors a spectacular outdoor playground

for hiking, biking, climbing, surfing and more, perfect for the adventurous,

thrill-seeking tourist.

Alongside the glorious Dales, Peaks and Moors, the region’s charming coastal

towns are particularly alluring for visitors, with the North Yorkshire coast

ranked as the UK’s most visited destination outside of London.

The golden sand strewn beaches of Scarborough, Filey and Whitby, coupled

with the quaint cafes and shops of the towns, make these pretty seaside

resorts particularly popular hotspots for relaxing breaks by the sea.

The sheer beauty of the county has long been the main draw for visitors and

has served as inspiration for many generations of writers and artists, most

notably the Bronte Sisters, Bram Stoker, J.R.R Tolkien and David Hockney, and

it has enjoyed many a starring role on screen.

Away from the splendour of the coastal scenery and rugged landscapes,

Yorkshire is also home to many bustling cities, such as Leeds, York and

Hull, the UK City of Culture 2017, with great shopping, theatres, intriguing

museums and impressive architecture to enjoy.

As well as a great cultural offering, Yorkshire is a region which boasts superb

food and drink, and is in fact home to the highest number of Michelin starred

restaurants than any other county in England, outside of London.

With so much on offer, it’s no surprise the region was officially ranked as the

third best place to visit in the world by acclaimed travel guide, Lonely Planet,

receiving huge praise for its glorious rural landscape, impressive heritage

and sporting brilliance.

So whether you’re seeking a short, romantic break, a fun-filled outdoor

adventure, or a relaxed holiday by the sea, Yorkshire has all of the essentials

for a memorable break.

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YOU’RE NOT FAR FROM...

1. Huddersfield (4 miles)

2. Halifax (8 miles)

3. Ilkley (27 miles)

4. Leeds (20 miles)

5. Leeds/Bradford Airport (22 miles)

6. Manchester (26 miles)

7. Harrogate (35 miles)

8. Manchester Airport (36 miles)

9. York (47 miles)

10. Whitby (95 miles)

Yorkshire coast

Leeds Town Hall

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National Railway Museum

Housing more than 300 years of fascinating history, you can

explore giant halls full of trains and railway legends at this

incredible museum in York.

Fountains Abbey & Studley Royal Water Garden

With its vast Cistercian abbey ruins, Georgian water garden, medieval

deer park and gothic church, there’s a wealth of stunning history to

soak up at this World Heritage Site nestled in a secluded valley in the

North Yorkshire countryside.

Castle Howard

Take in the splendour of this historic 18th century stately home

which was built more than 300 years ago and sits snugly in 1,000

acres of parkland on the outskirts of York.

Yorkshire Sculpture Park

This international centre for modern and contemporary art

welcomes more than 300,000 visitors each year and with over

80 sculptures to view, it’s a must-visit for any art lover.

Whitby Abbey

With its imposing gothic remains and spectacular cliff top setting

overlooking the seaside town, Whitby Abbey is one of Yorkshire’s most

celebrated and iconic landmarks, most famously known for inspiring

Bram Stoker’s novel, Dracula.

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ATTRACTIONS

With a growing reputation as one of the best destinations to visit in the world, Yorkshire offers so

much for visitors to see and do.

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National Science and Media Museum

Exploring the science and culture of light and sound technologies

and their impact on our lives, this popular Bradford museum aims to

inspire the scientists and innovators of the future.

lkley Moor

Yorkshire is famed for its glorious landscape and there’s no place

better to take in some stunning countryside views than on Ilkley

Moor, famous for the Cow and Calf rocks and a great place to view

the famous spa town below.

Royal Armouries

Home to Britain’s national collection of arms and armour, the Royal

Armouries museum has a long history dating back to the Middle

Ages and its world-renowned collection of artefacts exceeds more

than 8,500 objects from around the world.

The Deep

Enjoy an ocean themed day out and explore the attractions of

Britain’s most spectacular aquarium, home to more than 3,000 sea

creatures, including sharks, rays and penguins.

Jorvik Viking Centre

Step into the Viking-Age and journey through the reconstructed

streets to experience life as it would have been in 10th century

York. The newly revamped attraction now features an updated ride

experience and state-of-the-art galleries.

ATTRACTIONS

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Bradford National museum

National Railway Museum

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• Tourism in Yorkshire is worth £7 billion annually and the county

welcomes an estimated 216 million visitors every year.

• Yorkshire’s tourism and hospitality industry alone employs close

to 250,000 people.

• In 2016, the region saw a 12% increase in inbound visits

from July to September, welcoming 476,098 visitors, and

a 21% increase in the number of overnight stays, bringing in

£4.9 million – the highest quarter for the county since 1961.

• Visitor spend in the region was also up 14% in 2016, increasing

to £149 million.

• Germany, Australia and the USA were the countries

with the most Yorkshire-bound visitors, with the top three reasons

for trips being visits to friends and relatives, holidays and business

travel, contributing to strong growth in inbound tourism.

• World class sporting events, including the Tour de Yorkshire, 2019 UCI Road World Championships and

the Columbia Threadneedle World Triathlon Leeds, all helped to attract visitors to the region and showcase

what Yorkshire has to offer.

• England’s tourism industry experienced a boom last year, with the

rise of the staycation leading visitor numbers to rise by 25%.

• 2016 saw the number of domestic holidays in England reach

a record-breaking 7.3 million visits, with a spend of

£19.6 billion.

• In Yorkshire, domestic holiday trips increased by 20% to

reach 11.3 million, with a total spend of £1.9 billion.

• Yorkshire was named as the third best place to visit in the world by acclaimed travel guide, Lonely Planet,

topped only by Australia and India.

WHY PURCHASE?

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About the leaseback

We believe that by taking our time to listen to your needs, we are able

to establish a full client profile for you. We can then confidently confirm

whether The Fairways Hotel is the right opportunity for you.

You can also be fully assured that throughout the whole process we

will always put your needs first.

A purchase has to be 100% right for you and we will work with you

to make sure we find the right one for you.

A leaseback arrangement is a financial transaction whereby a seller of an asset (the developer) leases back the same asset from

the purchaser (you).

The operator, Giant Hospitality in this case, assumes all responsibilities for the day-to-day running of your unit.

Unlike a traditional buy-to-let, you are not responsible for: monthly property management fees, property maintenance, refurbishment, or any tenant-related issues, including vacant periods that may result in a loss of earnings. This opportunity provides a hands-off,

hassle-free, income-generating asset.

THE PROCESS

1. You will be sent a reservation form by your agent which you need to complete and return. This will include details of the unit you are purchasing.

2. You will be required to pay a £500 refundable deposit within 48 hours of our receipt of your signed reservation form to secure the unit. Once both the reservation form and fee have been received by NPD the sales process will begin.

3. A memorandum of sale is then produced by the NPD Sales Team and sent to NPD’s solicitor and the solicitor that you have chosen to act on your behalf. A contract pack will be sent to your solicitor for them to review and send to you.

4. A welcome email will be sent to you from a member of our sales team detailing the purchase process and a brief outline of your chosen solicitor’s AML requirements. Attached to this email will be the receipt for your £500 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.  You should read this thoroughly and liaise directly with your solicitor to ensure you’re satisfied with the documents you have received.

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 delivery 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 purchase monies, exchange can take place. Your solicitor will then attend to all registration formalities with the Land Registry.

8. NPD offer a legal fee incentive if you choose to use a panel solicitor. This means that NPD will pay the legal fees for your purchase as long as it exchanges within 28 days from the date the memorandum of sale has been issued.

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BOUTIQUE

co

llect

ion

BOUTIQUE DOUBLEThe Boutique Double room delivers £7,000 annual rental income for Years 1-10 with the first two years

by deduction

£70,000 - Purchase Price

£56,000 - Cash input with 2 Years by deduction

By purchasing with two years by deduction, you are able to reduce your total capital outlay from £70,000 to £56,000 by offsetting your first two year’s rental income of £7,000 per year from the purchase price.

How the return is calculated:

Total Purchase Price £70,000 x 10% = £7,000 x 10 years from Year 1 = £70,000 total returns

Buy back option at year 10 based on the total purchase price of £70,000 = £87,500 (125%)

ROI = (Buy back £87,500 plus rental income £70,000 minus purchase price £70,000) divided by purchase price £70,000 = 125%

ROI: Return on investment

Purchase price £70,000

Client cash input (with 1 years by deduction) £56,000

Reservation fee £500

Balance of cash input £55,500

Assured tenancy period 10 years

Income 10%

No. of years by deduction 2

No. of years on full purchase price 8

Year Rental Income (10%)

1 £7,000 by deduction

2 £7,000 by deduction

3 £7,000

4 £7,000

5 £7,000

6 £7,000

7 £7,000

8 £7,000

9 £7,000

10 £7,000

Total £70,000

Buy back at 125% £87,500

Total purchaser returns £70,000

Less purchase price £70,000

Cash received over and above purchase price £87,500

ROI: 125%

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GARDEN VIEW BOUTIQUE DOUBLEThe Garden View Boutique Double room delivers £7,500 annual rental income for Years 1-10 with

the first two years by deduction

£75,000 - Purchase Price

£60,000 - Cash input with 2 Years by deduction

By purchasing with two years by deduction, you are able to reduce your total capital outlay from £75,000 to £60,000 by offsetting your first two year’s rental income of £7,500 per year from the purchase price.

How the return is calculated:

Total Purchase Price £75,000 x 10% = £7,500 x 10 years from Year 1 = £75,000 total returns

Buy back option at year 10 based on the total purchase price of £75,000 = £93,750 (125%)

ROI = (Buy back £93,750 plus rental income £75,000 minus purchase price £75,000) divided by purchase price £75,000 = 125%

ROI: Return on investment

Purchase price £75,000

Client cash input (with 1 years by deduction) £60,000

Reservation fee £500

Balance of cash input £59,500

Assured tenancy period 10 years

Income 10%

No. of years by deduction 2

No. of years on full purchase price 8

Year Rental Income (10%)

1 £7,500 by deduction

2 £7,500 by deduction

3 £7,500

4 £7,500

5 £7,500

6 £7,500

7 £7,500

8 £7,500

9 £7,500

10 £7,500

Total £75,000

Buy back at 125% £93,750

Total purchaser returns £75,000

Less purchase price £75,000

Cash received over and above purchase price £93,750

ROI: 125%

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PREM

IER

colle

ctio

n

PREMIER DOUBLEThe Premier Double room delivers £7,500 annual

rental income for Years 1-10 with the first two years by deduction

£75,000 - Purchase Price

£60,000 - Cash input with 2 Years by deduction

By purchasing with two years by deduction, you are able to reduce your total capital outlay from £75,000 to £60,000 by offsetting your first two year’s rental income of £7,500 per year from the purchase price.

How the return is calculated:

Total Purchase Price £75,000 x 10% = £7,500 x 10 years from Year 1 = £75,000 total returns

Buy back option at year 10 based on the total purchase price of £75,000 = £93,750 (125%)

ROI = (Buy back £93,750 plus rental income £75,000 minus purchase price £75,000) divided by purchase price £75,000 = 125%

ROI: Return on investment

Purchase price £75,000

Client cash input (with 1 years by deduction) £60,000

Reservation fee £500

Balance of cash input £59,500

Assured tenancy period 10 years

Income 10%

No. of years by deduction 2

No. of years on full purchase price 8

Year Rental Income (10%)

1 £7,500 by deduction

2 £7,500 by deduction

3 £7,500

4 £7,500

5 £7,500

6 £7,500

7 £7,500

8 £7,500

9 £7,500

10 £7,500

Total £75,000

Buy back at 125% £93,750

Total purchaser returns £75,000

Less purchase price £75,000

Cash received over and above purchase price £93,750

ROI: 125%

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GARDEN VIEW PREMIER DOUBLEThe Garden View Premier Double room delivers £8,000 annual rental income for Years 1-10 with

the first two years by deduction

£80,000 - Purchase Price

£64,000 - Cash input with 2 Years by deduction

By purchasing with two years by deduction, you are able to reduce your total capital outlay from £80,000 to £64,000 by offsetting your first two year’s rental income of £8,000 per year from the purchase price.

How the return is calculated:

Total Purchase Price £80,000 x 10% = £8,000 x 10 years from Year 1 = £80,000 total returns

Buy back option at year 10 based on the total purchase price of £80,000 = £100,000 (125%)

ROI = (Buy back £100,000 plus rental income £80,000 minus purchase price £80,000) divided by purchase price £80,000 = 125%

ROI: Return on investment

Purchase price £80,000

Client cash input (with 1 years by deduction) £64,000

Reservation fee £500

Balance of cash input £63,500

Assured tenancy period 10 years

Income 10%

No. of years by deduction 2

No. of years on full purchase price 8

Year Rental Income (10%)

1 £8,000 by deduction

2 £8,000 by deduction

3 £8,000

4 £8,000

5 £8,000

6 £8,000

7 £8,000

8 £8,000

9 £8,000

10 £8,000

Total £80,000

Buy back at 125% £100,000

Total purchaser returns £80,000

Less purchase price £80,000

Cash received over and above purchase price £100,000

ROI: 125%

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MAN

OR

co

llect

ion

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MANOR DOUBLEThe Manor Double room delivers £9,000 annual

rental income for Years 1-10 with the first two years by deduction

£90,000 - Purchase Price

£72,000 - Cash input with 2 Years by deduction

By purchasing with two years by deduction, you are able to reduce your total capital outlay from £90,000 to £72,000 by offsetting your first two year’s rental income of £9,000 per year from the purchase price.

How the return is calculated:

Total Purchase Price £90,000 x 10% = £9,000 x 10 years from Year 1 = £90,000 total returns

Buy back option at year 10 based on the total purchase price of £90,000 = £112,500 (125%)

ROI = (Buy back £112,500 plus rental income £90,000 minus purchase price £90,000) divided by purchase price £90,000 = 125%

ROI: Return on investment

Purchase price £90,000

Client cash input (with 1 years by deduction) £72,000

Reservation fee £500

Balance of cash input £71,500

Assured tenancy period 10 years

Income 10%

No. of years by deduction 2

No. of years on full purchase price 8

Year Rental Income (10%)

1 £9,000 by deduction

2 £9,000 by deduction

3 £9,000

4 £9,000

5 £9,000

6 £9,000

7 £9,000

8 £9,000

9 £9,000

10 £9,000

Total £90,000

Buy back at 125% £112,500

Total purchaser returns £90,000

Less purchase price £90,000

Cash received over and above purchase price £112,500

ROI: 125%

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MANOR FAMILYThe Manor Family room delivers £10,000 annual

rental income for Years 1-10 with the first two years by deduction

£100,000 - Purchase Price

£80,000 - Cash input with 2 Years by deduction

By purchasing with two years by deduction, you are able to reduce your total capital outlay from £100,000 to £80,000 by offsetting your first two year’s rental income of £10,000 per year from the purchase price.

How the return is calculated:

Total Purchase Price £100,000 x 10% = £10,000 x 10 years from Year 1 = £100,000 total returns

Buy back option at year 10 based on the total purchase price of £100,000 = £125,000 (125%)

ROI = (Buy back £125,000 plus rental income £100,000 minus purchase price £100,000) divided by purchase price £100,000 = 125%

ROI: Return on investment

Purchase price £100,000

Client cash input (with 1 years by deduction) £80,000

Reservation fee £500

Balance of cash input £79,500

Assured tenancy period 10 years

Income 10%

No. of years by deduction 2

No. of years on full purchase price 8

Year Rental Income (10%)

1 £10,000 by deduction

2 £10,000 by deduction

3 £10,000

4 £10,000

5 £10,000

6 £10,000

7 £10,000

8 £10,000

9 £10,000

10 £10,000

Total £100,000

Buy back at 125% £125,000

Total purchaser returns £100,000

Less purchase price £100,000

Cash received over and above purchase price £125,000

ROI: 125%

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