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 Available Property: Reference [Flaxby Golf and Country Club]

Location

England
North Yorkshire
Knaresborough
Flaxby

Price

£199,000

Delivery date: 2011
Rental Term: 3 years
Min Rental Return: 12%
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Property ID: 462694




     
 

 Description

Key selling points

  • Low Entry Level (only 20% on Exchange)
  • 12% Guaranteed Rental Return for 3 Years
  • 50% Net Return (Year 2/4/9 Onwards)
  • Buy Back Option
  • SIPPS Compliable
  • Mortgages of Up To 85% on Completion
  • 7.5% Guaranteed Rental for 8 years
  • 10% Guaranteed Rental for 1 year with 52 days personal usage

* Low Entry Level (only 20% on Exchange) nothing further to pay until completion * Rental Guarantee o 1 year guaranteed rental with a 10% annual return plus personal usage o OR 3 year guaranteed rental with a 12% annual return, with a 50/50 split on the 4th year o OR 7.5% guaranteed rental for 8 years and a 50-50 split on year 9. * 50% Net Return (Year 2/4/9 Onwards) * Buy Back Option * SIPPS Compliable * Mortgages of 70% on Completion * Large Capital Appreciation * Fully Furnished * Elemis will be operating the Spa Hotel Rooms at the luxurious new 5 star Hotel, Golf and Spa resort located between Harrogate and York in North Yorkshire. THE FLAXBY EXECUTIVE SUITES FROM £199,000 TO £2 MILLION We are pleased to announce the launch of the Flaxby Executive suites. This range of suites starting with the 550 sq ft Club Suite at £199,000 plus vat through to the 2500 sq ft Champagne Presidential Suite at £2 million. The King Suites (£237,500) and Luxury King Suites (£250,000) are also an interesting prospect at 650 sq ft and spread over 2 floors with one or two terraces overlooking the golf course. The Developer says: To date we have been marketing our rooms at pure investors with guaranteed yields over a number of years. With these suites we will offer a different option to clients. They can either take the investor package - 12% return for 3 years guaranteed with 50% of room rate from year 4 onwards and 52 days personal usage also from year 4. Or the leisure package which includes 52 days per year personal usage from day 1 with a 10% guaranteed for year 1 and 50% split thereafter. This package also comes with a lifetime country club membership and is a great option for local people of golf tourists. (The leisure package is currently on available on the Luxury King Suites). 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. * 303 luxury rooms and suites * 27 hole golf course * 3 restaurants * 2 bars * 4 helipads * Luxury golf club house * Spa * State of the art conference facilities * 450 car parking spaces * 24 hour driving range * Nature trail through the 283 acre site * Completion Spring 2011 The Finer Details The Flaxby will offer everything you could expect from a luxury hotel and more. * A range of rooms from deluxe doubles to 1250 sq ft Presidential Suites. * Gate house for advanced check-in. * Reception with priority check-in desk. * Concierge Desk. * Lobby Bar and Coffee Shop. * À La Carte / Bistro / Breakfast Restaurant. * Private Dining with medieval style banquet * Dining facilities for up to 30. * Hotel Bar with 250 capacity. * Children’s nursery with qualified staff. * Children's chill-out area for older children. * Late residents bar. * Sports Bar. * Cigar Room/Library. * Hotel operated retail unit. * Boutique retail outlets (high end fashion/jewellery). * Indoor swimming pool with luxury changing facilities. * Private suites including hot tubs, saunas etc. available by the hour. * Squash Courts. * Spa Complex (Champneys, E'Spa or equivalent) * Health Club with state of the art equipment. * Conference facilities catering for all events from weddings to small meetings. * Limousine transfers available. * 4 Helipads. * 27 hole golf course with tournament standard club house and facilities. The Investment The Flaxby is offering you the opportunity to invest in its future success and is offering the chance to buy rooms in the development. The concept of buying hotel rooms as an investment originated in the USA and has recently enjoyed unprecedented success in London. Instead of buying a traditional buy to let property in the UK or abroad buying a hotel room proves both profitable and a hassle free investment. The Flaxby is offering a guaranteed 7.5% return from your investment for 8 years after which you will receive 50% of the revenue generated less, of course, some running costs. Or an opportunity of 12% guaranteed rental for 3 years and then a 50/50 split or the Leisure Package of 1 years guaranteed rental at 10% with 52 days personal usage and 50/50 after the first year. Furthermore The Flaxby will guarantee to either buy back or re-sell your room at any time if you need to release your equity. Owning a hotel suite differs from a traditional property investment in many ways, all of which add up to create a much easier investment. There are no void periods like you would find in some rental properties, there are no maintenance issues, and for the first 8 years there are no costs at all so you receive the full 7.5% return or 12% for 3 years. Price List Prices 1 years guaranteed rental @ 10%: Luxury King Suite 650 sq ft £250,000 Prices 8 years guaranteed rental @ 7.5%: Club Suite 550 sq ft £199,000 King Suite 650 sq ft £237,500 Luxury King Suite 650 sq ft £250,000 Prices 3 years guaranteed rental @ 12%: Club Suites 550 sq ft £199,000 King Suites 650 sq ft £237,500 Luxury King Suites 650 sq ft £250,000 News on the Flaxby World Class Spa Operator signed After a wealth of meetings with world class spa operators we are pleased to announce that The Flaxby has signed with Elemis to operate its luxury spa facility. Elemis have spa operations across the globe with flagship facilities in Mayfair, Miami and Hong Kong as well as spas in Harvey Nichols, John Lewis and House of Fraser department stores. Ian Bailey Director of Sales for Elemis is extremely excited about the relationship ““It is a great pleasure to be aligning with The Flaxby Country Club. This is a fantastic partnership and we are delighted to be working with such a like minded company. Elemis is a thriving international brand with a reputation for delivering innovation and quality which will compliment The Flaxby Club’s focus on unrivalled luxury.” In addition all Flaxby owners and members of Ice Cubed Private Client will be offered a 20% discount on Elemis products from their online range available at www.timetospa.co.uk At the top end of the Suite selection we have four champagne suites and one presidential champagne suite. The four champagne suites will be priced at £1 million with the presidential at £2 million. These suites like all high value products can be tailored in not only layout and finish but also the investment profile. These suites will be discussed by appointment only where we can ascertain the wants and needs of the individual client and tailor make their package.

 
     
     
 

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