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Car Park Investment Bury Football Club Greater Manchester

Bury FC Parking Spaces AG Brochure v6

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  • Car Park

    Investment

    Bury Football Club

    Greater Manchester

  • 9% Net Rental Yield

    24 Year Rental Assurance

    Buy Back with Profit

    Investment

    Opportunity

    Parking spaces at 9,995 9% NET rental yield 24 year rental assurance 5 year buy back with 10%

    uplift on the purchase price

    10 year buy back with 15% uplift on the purchase price

    Reserve for just 1,000 Leasehold Price inclusive of legal fees

  • Investment

    Opportunity

    Buy a piece of one of the UKs oldest football clubs & invest in their future

    Parking spaces are conveniently located directly outside of the JD Stadium, the home of Bury FC

    Ideal parking for those attending events, concerts or football matches at the stadium

    Bury Football Club will continue to operate the spaces and reputable management company Mederco Ltd. will manage the spaces

  • Projected

    Returns

    5 Year Term

    Purchase Price 9,995

    Net Rent 900

    Net Rental Yield 9%

    Net Rental Income (5 years) 4,498

    Profit on Exit at 10% Uplift 1,000

    Total Net Income 5,497

    Return On Investment 55%

    Annualised Returns 1,099

    Annualised Net Rental Yield 11%

    5 Year Term

    Please Note This example is for illustration purposes only; the projections for the income, occupancy levels, room rates and management charges are not guaranteed and are subject to change. Projections are based upon the call option being exercised 5 years from the completion of the purchase. Dependent on the date of sale, a proportion of the ground rent may be payable. Principal Choice Limited accept no responsibility for any changes or inaccuracy with these figures; they are provided in good faith as a general guide and based on what we believe to be correct but do not form part of any offer or solicitation.

  • Projected

    Returns

    10 Year Term

    Purchase Price 9,995

    Net Rent 900

    Net Rental Yield 9%

    Net Rental Income (10 years) 8,996

    Profit on Exit at 15% Uplift 1,499

    Total Net Income 10,495

    Return On Investment 105%

    Annualised Returns 1,049

    Annualised Net Rental Yield 11%

    10 Year Term

    Please Note This example is for illustration purposes only; the projections for the income, occupancy levels, room rates and management charges are not guaranteed and are subject to change. Projections are based upon the call option being exercised 10 years from the completion of the purchase. Dependent on the date of sale, a proportion of the ground rent may be payable. Principal Choice Limited accept no responsibility for any changes or inaccuracy with these figures; they are provided in good faith as a general guide and based on what we believe to be correct but do not form part of any offer or solicitation.

  • Investment Structure

    Purchasers will initially receive a 24 year lease for each parking space. This lease can only be terminated after the first 24 year period if the head leaseholder or the investor serves notice on the leasehold. Mederco Ltd. will act as the head leaseholder. Mederco Ltd. are an experienced property management company who investors will be directly contracting with. There is a put option between the 5th and 6th anniversary from completion and the 10th and 11th anniversary, therefore the buyer has two exit points prior to the end of the lease.

  • Exit Strategy

    Mederco Ltd. will be contracted to buy back the parking space on the following terms: Year 5 Mederco Ltd. will buy the

    parking space back between the 5th & 6th anniversary from completion should the buyer wish to exit, paying 110% of the purchase price

    Year 10 Mederco Ltd. will buy the parking space back between the 10th & 11th anniversary from completion should the buyer wish to exit, paying 115% of the purchase price

    Ad-hoc Mederco Ltd. may require to buy back the parking space if the car park is being developed; if this mandatory buy-back is exercised, Mederco Ltd. will pay 110% of the purchase price if prior to the 10th anniversary from purchase. This buy back will be valid until year 24.

  • Bury FC is entering a new phase of development, with significant investments being made in the clubs facilities

    The development of the stadiums facilities is part of the clubs drive to expand Bury FC into more business areas

    The sale of the car parking spaces will contribute towards this investment programme to pave the way for the clubs future

    The clubs substantial development over the past 12 months has seen an increase in commercial income & new interest from commercial sponsors

    The pitch at the JD Stadium has seen an investment of 150,000, with plans being finalised for a new training complex & the redevelopment of the main stand

    Bury Football Club

    Investment Programme

  • Founded in 1885 Bury FC play in the Sky Bet League

    Two Bury FCs stadium, the JD Stadium,

    has a capacity of 11,640 the 6th highest capacity of any team in League Two

    11,640 all seated stadium The stadium has four stands with

    sections reserved for home & away fans

    214 car parking spaces available located at the front of the stadium

    Bury

    Football Club

  • The JD Stadium has a capacity of 11,640 for football matches & there are up to 30 matches held at the ground each year

    The club has secured a concert license and will host three this year, in addition to plans for a new annual music festival event on the May Bank Holiday 2015

    The club is also planning to provide alternative sporting events such as boxing matches

    Demand for

    Parking

  • With four function rooms available for hire, the club also plays host to a range of business & social events, from conferences to weddings

    The club is active in the local community hosting car boot sales, farmers markets & various interest clubs throughout the year, in addition to hosting special events at Christmas & Easter

    The club have contract parking agreements with local businesses who use the site

    Demand for

    Parking

  • These images were taken at the JD Stadium in October 2014,

    shortly before a Bury FC match day.

    The Car Park

  • Manchester

    Bury

    Location

    JD Stadium, Gigg Lane, Bury, Greater Manchester

  • Purchase

    Process

    RESERVATION

    reservation form completed & 1,000 reservation fee paid to agent

    SOLICITORS INSTRUCTED

    solicitors instructed, legal pack sent out & anti-money laundering process completed

    EXCHANGE OF CONTRACTS & LEGAL COMPLETION

    100% of purchase price less reservation fee paid to solicitors & contracts exchanged within 28 days of reservation & purchase completed & individual title deeds registered with the UK Land

    Registry

  • Disclaimer

    1. This information is made available to the addressee subject to our terms and conditions. A copy of this information is made available to you for your personal use and must not be given, shared or communicated with any other person except for your own professional advisors for the sole purpose of obtaining their advice.

    2. We endeavour to provide accurate, up to date and complete information but makes no warranties or representations as to the accuracy, reliability or completeness or otherwise of the information contained herein. We assume no responsibility or liability for any omissions or errors contained in the information.

    3. We act as an agent for the developer and as such accepts no liability to the Purchaser. Further and in any event, if notwithstanding this provision liability is established against us, then it is agreed that the total maximum amount of such liability is limited to and shall not under any circumstances exceed the amount of the above reservation fee.

    4. Purchasers are required to conduct their own due diligence and make their own judgement on the property being offered. Purchasers must verify the information and any speculative information offered by us. Purchasers are strongly recommended to perform their own financial and legal assessment of any opportunity prior to making any commitment to participate.

    5. We do not provide or offer an opinion as to whether a particular property is appropriate for a particular individual and owes no duty of care to the Purchaser.

    6. We only offer an opinion on the opportunity in general terms and in relation to the market as a whole. We are not able to comment or give opinions on the strength or validity of any bond or insurance policy and Purchasers are strongly recommended to perform their own diligence and seek legal opinion.

    7. We do not accept any responsibility for amendments to or changes in rates of taxation, introduction of new taxes, changes to existing legislation or the introduction of new legislation or any matters relating to the final contractual arrangements for any purchase.

    8. Where rental assurances or guarantees are offered as part of the purchase, the developer will contract directly with the purchaser to assure the rental income at the specified rate and for the specified duration, but this is not supported by an insurance policy, bond or bank, unless specified, nor is this warranted by us.

    9. Descriptions of Property, Homes, Buildings, Locations or Development Particulars, Specifications and Pictures and Artists Impressions of any property, home, building, location or development are given in good faith and believed to be correct, but they do not form part of any offer or solicitation and are intended only as a general guide. We do not control the building or development of any project.

    10. You acknowledge that developers reserve the right to alter plans, designs and specifications at any time without prior notice. We therefore will not be responsible for such changes.

    11. All descriptions are intended only as a general guide and are not to be relied upon by you or any other interested parties as a statement or representation of fact and you should satisfy yourself by inspection or otherwise.

    12. We have endeavoured to provide the highest quality information, backed up by substantial experience and proven evidence from the marketplace. However, individual interpretation of information may vary, and individual circumstances, skills, abilities, knowledge and attitude play an important part in achieving a particular outcome. In addition, the future behaviour of the property market may not follow past experience, either, internationally, nationally or locally. For this reason Principal International does not warrant, guarantee or promise that you will make a profit from any property transaction entered into, whether as a result of acting on information contained within this document or otherwise. As with any purchase, this may make a loss.