Hotel Rooms and suites at the luxurious new 5 star Hotel, Golf and Spa resort located between Harrogate and York in North Yorkshire.

6% Guaranteed Minimum return for 10 years with expected yields of 11% plus interest on deposit

THE FLAXBY PRICING
Luxury Doubles at £199,950
Ambassador Doubles at £225,000
Juniors - at £249,950
King Suites - from £350,000

The attractive element of The Flaxby Country Resort as an investment has always been that as the investor you get to share in the hotels success by earning 50% of the income generated by your room.

Until now this has been limited to once any guaranteed return has expired, our new investment model launching on 1st November 2009 offers this share of success from day 1 while offering 10 years security.

Investors in the Flaxby on this new 'secure 6 for 10' model will benefit from the core lease offering the 50/50 income split and up to 52 days personal usage but will also benefit from a minimum 6% guarantee for 10 years. For example if in year one the 50/50 split generates only 5% return to you, the investor, you will still get 6%. However if in year 2 the 50/50 split calculates a 10% return you would benefit from this 10%.

INVESTMENT OVERVIEW
Unit Price: £199,950 plus vat (double room)
Exchange deposit (20%): £39,990 plus vat
Completion input (10%): £19,995 plus vat
70% balance on completion: Mortgage available Non status
Mortgage Rate (70% LTV): 2.5% above UK base rate
Cost based on UKBR 1.5%: £5599 per annum
Guaranteed return: 6% minimum for 10 years = £11,997 per annum, First 3 years held in Escrow
Return: 50% of room income not less than 6% for first 10 years
Annuals Costs per annum: £1500 management fee, £250 ground rent
Personal usage: 12 days a year for the first 10 years and then 52 days thereafter (£25 admin charge per night)
Interest on deposit: 6% per annum paid on completion

THE FLAXBY EXECUTIVE SUITES - Hotel rooms and suites at the luxurious new 5 start Hotel, Golf and Spa resort located between Harrogate and York in North Yorkshire.

* Low Entry level (only 20% on exchange plus VAT - reclaimable upon completion) nothing further to pay until completion
* Rental Guarantee
* SIPPS Compliable
* Non Status Mortgages of 70% on Completion
* Large Capital Appreciation
* Elemis will be operating the Spa
* Wates Construction building the project
* Fully Furnished
* Personal Usage
* Deposit insurance protected

* 303 Bedroom 5* Hotel
* 27 Hole Golf Course with Potential PGA (Bidding for The Ryder Cup in the next 12 Years) - Troon Golf will be managing the course & Lee Westwood will be redesigning the course, setting up an academy and will be the course professional in 2011
* Approved Tour Facilities
* 3 Restaurants - Michelin Starred Chef
* 2 Bars
* 4 Helipads
* Luxury Clubhouse & Bar
* Spa ('Elemis' signed as the operator)
* Excellent Conference Facilities
* 450 Car Parking Spaces (Minimum)
* 24 Hour Golf Driving Range
* Nature Trails Throughout the 283 Acre Estate

Payment Plan:

Reservation: £2500
Exchange: 20% plus VAT (this can be claimed back)
Completion: Balance

Non Status Mortgages are available up to 70% of the purchase price of the property.

The developer is offering free legal fees up to £1000 on selected properties.

Exit Strategy

There are always two elements to any investment; firstly there is the return that an investment gives you over a set period of time, be it per day, week or month. The second is the capital appreciation gained by the investment over the duration of ownership.

The return or yield of an investment is easy to calculate and in many cases, such as The Flaxby, is guaranteed at a set figure. Capital appreciation on the other hand is less certain for two reasons; firstly, capital appreciation is very rarely guaranteed and secondly, and most importantly, the capital appreciation is irrelevant if it cannot be realised by disposing of the investment – this is often known as an exit strategy.

In the case of The Flaxby the projections for capital appreciation are very strong due to excellent indicators for both occupancy and room rate. However it is the transfer of the rooms to another party that will release this growth. With this in mind the Developer have made the following commitments to the ongoing success of their clients investment –

I. Within the legal contracts the Developer will have a right of pre-emption on each of the units. This essentially gives the company first refusal on the unit at the sale price that the client wishes to achieve. This is an indication of the company's desire to buy back as many of the rooms as possible over the mid to long term.
II. Should the Developer not wish to take up their right of pre-emption they will offer their clients the following forms of assistance in finding a third party purchaser.

o Onsite marketing suite
o Internal hotel marketing of available units
o Access to the Developer's sales network
o Placement on The Flaxby Re-sales website

The Location
The 5 Star Flaxby Country Club is set in the heart of the affluent Golden Triangle of York, Harrogate and Leeds. Located in the tranquil haven of North Yorkshire's undulating countryside it is the perfect retreat to relax, play sport or explore the wealth of local attractions.

Being only minutes from the A1(M) it is surprisingly accessible from all over the UK and with Leeds International Airport only 15 miles away it is open for visitors from further a field.

The Hotel
The Flaxby Country Club is set to become an iconic landmark of the North East. The brief was simple, to create the finest hotel and country club and the last word in the travel leisure industry and the service levels of Park Lane hotels. That is precisely what has been created.

Offering unparalleled levels of luxury and state of the art facilities for those fortunate enough to stay there. Nestled in 283 acres of beautiful countryside The Flaxby is a haven of luxury and surely set to be a household name of the future.

Latest News on the Flaxby

Wates Construction signed up for £40 million build contract – Flaxby

Lee Westwood makes base at Flaxby Country Resort

Flaxby has appointed Troon Golf & Cricketer Michael Vaughan

To request further details please use the Contact Us link below.

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