Boutique Hotel in Wales

‘Arriving here is like falling off the end of the world onto a pillow of unadulterated style.’

• 750 miles of unspoilt coastline

• Rich in heritage and Culture

• 3 National Parks

• 80% of UK visitors to Wales went for a holiday

• M7 Real Estate buying £millions of real estate in South Wales due to price increases

over last 6 months

WALES

• Known as the ‘Garden of Wales’

• Many quaint fishing villages, including Tenby

• Historic castles to explore

• Miles of coastline with sand dunes

• Dylan Thomas’ boathouse (can be seen from The Corran)

CARMARTHENSHIRE & LAUGHARNE

• Boutique Hotel

• 21 suites, fine dining, spa, pool and gym

• Voted in Top 100 Hotels in the World twice by Sunday Times

• Current owners dedicated to growing hotel offering,

making it the destination in the region.

• Phase 1 extension scheduled for completion mid 2014, with

phases 2 and 3 starting 2014.

THE CORRAN RESORT & SPA

• Entirely refurbished in 2013

• Addition of 4 new luxury suites

• New car park and access road

• Helicopter pads for VIP access

• Planning for additional function space, “The Pavilion”

• Planning for spa extension

• Planning for “Orangery and Bar Extension”

THE CORRAN RESORT & SPA PHASE 1

• Full Planning Permission Granted

• 500 capacity

• Permanent High-End Structure

• Self contained with bar, kitchen, cloaks, offices

• Ideal for large weddings

• Perfect for corporate events

• Only venue in area of this capacity

PHASE 1 The Pavilion


• Due for completion Summer 2014

• Larger gymnasium

• Sauna and steam room

• Additional Treatment Rooms

• Fitness / Communal Area

• Juice Bar / Lounge area

PHASE 1 Spa Extension

PHASE 1 Spa Extension

• Brasserie style eatery with

pizza clay ovens

• Additional bar and restaurant

capacity

• Modular space

PHASE 1 Orangery

• Full Planning Approval

• Renovation of East House

• 28 Rooms

• Family and Group orientated

• Equine Facility

• Outdoor activities such as quad biking and horse riding

• Corporate team event location


PHASE 2

• Renovation of Malt House

• 28 Rooms

• State of the art recording studio

• Media and live broadcasting venue

• Live venue incorporated into building design

• Wendy House Productions agreement in place


• Jerry Meehan, owner of Wendy House is heavily involved with many of today’s leading

music acts, including Robbie Williams

• Wendy House has recorded with some of the World’s most famous acts, including

Adele, Stevie Wonder, Jessie J, Kylie Minogue, One Direction, Bryan Ferry & many more

• Rationale for building studio in Laugharne – residential studio, secluded from media

intrusion, inspiring surroundings

• High End, leading edge equipment list

WENDY HOUSE PRODUCTIONS

• Occupancy targets for current year

• ‘Secret Escapes’ online promotions resulted in 2,000 room bookings

• Over 85 weddings booked in the last year alone

• Wedding venue now promoted through hitched.com

• New spa manager recruited from Park Plaza, tasked with turning spa into self

contained business.

• New assistant manager recruited from 5 star hotel resort, tasked with delivering

5-star customer service at The Corran

THE CORRAN OPERATION

• Andrew King joins as CEO for The Corran Resort & Spa

• Has held roles in many prestigious London hotels including The Cadogan Hotel in

Knightsbridge, The Dorchester and The Clifton

• Worked extensively throughout South East Asia and the Middle East having

managed hotels in Sri Lanka, Kuala Lumpur and Oman.

• Previously employed as GM at Sharrow Bay Hotel in Cumbria for 8 years

• Noted for retaining Michelin Star for 12 years

• Noted for retaining 2 AA Rosettes and 3 AA Red Star Status

NEW RESORT CEO

• Hotel unencumbered

• Buyer contracts directly with freeholder, Kayboo Ltd

• Fixed returns are underwritten by freeholder, Kayboo Ltd

• Ownership based on a 999 year lease

• Room Rate £225 per night year round (increasing by 5% per annum)

• Phase 2 needs only 45% occupancy to pay returns

• Hotel averages 60% occupancy

THE CORRAN OPERATION

OCCUPANCY

• 13th Fractions of suites at £33,000 per fraction

• 26th Fractions of suites at £17,000 per fraction

• 9% Fixed Returns for 5 years (from day 1 of purchase)

• 10% Fixed Returns for next 10 years

• 100% Assured Exit Option anytime between years 3 – 14

• 150% Assured Exit Option in year 15

• No additional purchase costs

• On-going fee only £180 per annum for 13th Fraction and £90 per annum for 26th Fraction

• £125 per night discounted usage

THE OPPORTUNITY

CASH FLOW CHART

• A group of unconnected buyers can collectively own a property

• Full ownership of the fraction (deeded)

• You can buy any multiple of the fractions

• Less outlay / allows investors to diversify

• Same % returns as a full AND use of all the same facilities

• Can be passed down to heirs

• As each owner is unconnected, owners can all buy and sell independently of each other

(or take the resale)

FRACTIONAL OWNERSHIP

• The company is set up and administrated by the Fractional Ownership Consultancy (FOC)

• A UK Limited by guarantee company is created that owns the property

• Company is non-trading – Max liability of £1

• The Company has 13 or 26 members

• Annual accounts costs - £180 per annum 13th, £90 per annum 26th

• Each buyer will have to complete a basic due diligence check

HOW FRACTIONAL OWNERSHIP WORKS

• Cash

• SIPP / SSAS

WAYS TO FUND A PURCHASE

• £500 / £1000 reservation fee

• No reservation required for SIPP/SSAS

• Balance of funds transferred within 14 days of receipt of contract along with Due

Diligence Questionnaire

• Rental income is paid in quarterly arrears

• Fixed Payments Dates: JANUARY, APRIL, JULY, OCTOBER

PURCHASE PROCEDURE

• Existing Hotel – Fully sold and paying investor returns

• 18 Month track record of paying in excess of £1,000,000 of returns

• Phase 2 is a renovation and not ‘off plan’

• Contractual fixed returns throughout 15 year term

• Optional, contractual exits after 3rd year

• Viewing trips from £99 per room

SUMMARY

• ‘ One of the World’s 100 Best Hotels’ – The Sunday Times

• ‘Sophistication and understated chic’ – Daily Telegraph

• ‘The most glorious rural setting’ – Telegraph Luxury

• ‘One of the best hotels in Britain’ – GQ Magazine

• ‘Arriving here is like falling off the end of the world onto

a pillow of unadulterated style’ – The Observer

• ‘The ultimate in chic luxury’ – Travel Glamour

WHAT THE NEWSPAPERS SAY

THANK Y U

Boutique Hotel in Wales

Real Estate

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