Watersmeet Apartments
Invest in a luxury serviced apartment in the newest spa resort in the Cotswolds, which generates income and provides a base for holiday and weekend enjoyment.
The Cotswold Water Park Resort
Opened in August 2007, the Cotswold Water Park Resort comprises a new £40 million development of hotel, spa and leisure facilities situated on one of the lakes which characterise the local landscape of the Water Park. The resort provides an excellent base from which to explore the Water Park and surrounding area, being conveniently located next to the Cotswolds Visitor Information Centre and a large, well stocked outdoor equipment shop. The resort is a development by the highly successful Four Pillars Hotel Group, who are an Oxfordshire-based leisure business operating 6 hotels in the area. The Cotswold Water Park Resort is their latest development and reflects the expertise and high standards established at their other sites.
Watersmeet Apartments
Watersmeet is a development of 63 high quality apartments. The studio, 2, 3 and 4 bed units range in size from a 330 sq ft studio, to a 1,599 sq ft 4 roomed penthouse. They will be sold leasehold, fully furnished and equipped, ready for occupation by owners, hotel guests or conference delegates.Occupation and Management Arrangements
The primary purpose of the Watersmeet Development is to provide owners with a secure income stream from their apartment. This scheme, however, also provides investors with the opportunity to occupy their apartment for up to 28 days each year. The complex will be managed as a whole by Cotswold Four Pillars Ltd to generate income, either by being let as additional rooms or suites for the Hotel, or as holiday apartments for short stay breaks. Watersmeet Apartments therefore provide a unique opportunity to invest in a property for occasional short-break holiday use, which will also generate income in an effectively managed way when not required for personal use. As the Four Pillars Hotel first opened in August 2007, the business is still growing to maturity. The Four Pillars Group will therefore guarantee apartment owners a net return of 6% for a minimum of the first 5 years of ownership.
Further information and viewings
Viewings will be arranged strictly by prior appointment with the selling agent. A detailed information pack is available on application to the selling agent. In order to receive a pack or to arrange a viewing please contact;
Savills Leisure Team, Wytham Court, 11 West Way, Oxford, OX2 0QL
Tel: 01865 269 000 E-mail: leisure@savills.com