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Property Description

The Flaxby hotel scheduled for completion in 2011 will join an exclusive list of luxury destination hotels in the UK. Imagine a hotel with the grandeur of Gleneagles and the guest experience of The Grove located in 283 acres of Yorkshire countryside. The 27-hole Troon managed Golf course, the Lee Westwood Academy, the Elemis Spa and the range of restaurants bars and boutiques will make the Flaxby hotel a destination of choice for local people and international visitors. We are offering a chance to invest at a10% discount which no one else can offer in a share of this exceptional project and benefit from the massive potential as well as from a10% guaranteed return for 80 years and secured deposits.

Guaranteed Returns

The King suites at Flaxby hotel are on offer with a guaranteed rental income of 10% net for 80 years. The return on investment has been calculated at 100% after year 4-this does not include capital appreciation. The ROI has been based on a 30% cash outlay. At any point you can opt out of the guaranteed income and go into a 50/50 split with the hotel on the room’s income.

Investment Highlights

• Located between Harrogate and York
• Lee Westwood Golf academy
• No management charge for 80 years
• Deposit protected with Zurich Insurance
• 70% developer mortgage available
• 100% Return of investment after 4 years
• Luxury Spa Group - Elemis Group
• £6,000 saving on hotel rooms per year
• £31,500 income per year for 80 years
• SIPP compatible
• 16.66% annual return if bought with a SIPP
• 10% Discount from list price
• 10% Guaranteed income for 80 years

Completion

2011

Type of Units

Fully Furnished Kings Suite

Size

Prices

£315,000 - which is a 10% discount on the list price.

Financing

70% Developer finance 25 year term.

Down Payment

Reservation Deposit £2,500 + VAT

Local Taxation

 

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