Chateau Laleard Country Club March 2008 From the Heritage Group
Château Laleard A truly unique and boutique Country Club development and an opportunity to be involved with a very special piece of South West rural France. Within easy reach of three and soon to be four, airports, TGV train services to a wide number of destinations including Paris (just over two hours away) and the stunning coast of La Rochelle. The Chateau is just a few minutes away from the motorway network, a very short drive to the local village and within easy reach of the two notable towns of Cognac and Saintes with their quality shopping (including Gallerie Lafayette) and restaurant facilities. The city of Bordeaux is also only about an hour and half away by car, with all it’s cultural activities and four golf course within one hours drive. The Chateau Laleard development delivers clients a Country House, ‘House and Gardens’ and ‘Country Living ’ experience, with period accommodation comprising of self contained suites appointed to the highest standards of finish and equipment. Set in landscaped gardens around two formal quadrangles extending to nearly 7 acres with heated swimming pool and tennis courts, boule, gym facilities and a range of outdoor pursuits.
Château Laleard , Background The Chateau Laleard and its 3.5 hectares (approx 7 acres) of grounds has a rich history stretching back over many centuries, if not millennia. The site was originally occupied by the Romans and then, in the 11th century, a defensive tower within a castle complex was built to protect the local land owner. The Chateau still carries the term ‘castle’ in many documents. Some 25 years ago the Chateau was converted and developed in to a ‘hotel touristic’ which has now ceded. During the great storm of 1999 the Chateau lost over 13000 sqm of roofing, all of which has now been replaced. We are now adding to the rich tapestry of the site and surrounding area with a loving restoration and sympathetic subdivision of this rambling complex, including the installation of some new key structures, adding stature, structure and integrity to this classic building complex. The Country Club will deliver classic French hospitality, outdoor pursuits, with at least 50 boutique managed suites, houses and hospitality facilities.
Location <ul><li>Château Laleard nestles in rolling countryside, amongst vine yards and farm land, in the 17th Department ‘Charente-Maritime’ (La Rochelle’), north of Bordeaux and close to the classic French towns of Cognac (20 min away) and Saintes (15 min away) and, of course, La Rochelle. </li></ul><ul><li>La Rochelle is the third most visited city in France, with more than three million visitors each year. </li></ul><ul><li>The location has excellent transport connections with the A10 (exit 34) just a few kilometres away which makes a journey to Paris by car in just over 4 hours. The train journey to Paris from Angouleme is just over 2 hours. </li></ul><ul><li>The beautiful La Rochelle coast is also just 45 minutes away. Bordeaux and it’s international airport is one and a half hours drive away. </li></ul><ul><li>La Rochelle and Angouleme airports are within 45 minutes drive with flights from Stansted, Gatwick, Bristol, Birmingham, Southampton, Leeds, Manchester, Edinburgh and Dublin. </li></ul><ul><li>The region has it’s own micro climate that offers an exceptional number of hours of sunshine per year, as much as the French Riviera. </li></ul><ul><li>The area is an ideal holiday resort with wonderful beaches, rolling countryside, castles and historical buildings. It is beautiful and diverse, an ideal setting to enjoy life's pleasures. </li></ul><ul><li>The ancient town of Saintes is one of the most beautiful towns in France with glorious architecture going back to the Romans, great shopping facilities and a market (one of the best in the region!). </li></ul><ul><li>Four reasons why you should invest in South-West France </li></ul><ul><li>Climate </li></ul><ul><li>Offering similar sunshine levels as the Cote de Azure. </li></ul><ul><li>Improving infrastructure </li></ul><ul><li>International air links in Bordeaux, La Rochelle and now Angouleme, TGV and Motorways to the North, South and Paris. </li></ul><ul><li>Location </li></ul><ul><li>Great beaches, Attractions and explore the wonderful countryside, all with ease of accessibility. </li></ul><ul><li>Food and Wine </li></ul><ul><li>Seafood, Oysters, Escargots, meat and patés de campagne. </li></ul>
Artists Impression A sketch of the chateau complex after completion Awaiting delivery of pen and ink from artist
Country Club Structure and Return <ul><li>This unique and prestige development will offer mixed use accommodation of exclusive and unique combinations ranging from 1-2 Chambre Suites to 3 Chambre homes. </li></ul><ul><li>In the season Easter, Summer, (end of May to September) , Christmas and New Year week., all lets will be made in full week rental period only. </li></ul><ul><li>Suites and homes included in the lease back programme will be renovated and redecorated every 5 years. </li></ul><ul><li>All lease back nvestors have a rotating four week rental programme within their terms of investment. Only two weeks being within ‘The Peak Summer Season’ </li></ul><ul><li>Investors who wish to holiday for more than the two week allocation within The Peak Summer Season’ will receive a 20% discount on published rates for a maximum of a further 2 weeks. </li></ul><ul><li>In addition to the projected equity growth of 6-8% per year there is a projected 5% net rental return, with a 3 year review. </li></ul><ul><li>As the Heritage group property portfolio grows, Chateau Laleard investors will be entitled to use their allotted weeks through the network in Southern Europe, subject to availability. </li></ul><ul><li>Heritage owners will receive regular service and development updates and various promotional incentives </li></ul>Investor Sale Strategy Should the investor wishes to dispose of their investment at any time after the initial three year launch period, Heritage guarantee's a buy back programme offering a 6% growth on capital values over the three year period. Complex Management All maintenance, marketing and management costs are accounted for within the rental charges. All accommodation will undergo a comprehensive refurbishment every 5 years.
Country Club Staffing <ul><li>General Manager </li></ul><ul><li>Reception </li></ul><ul><li>A full compliment of domestic staff </li></ul><ul><li>Gardeners </li></ul><ul><li>Site maintenance </li></ul><ul><li>Bar and Bistro restaurant </li></ul><ul><li>On site shop </li></ul>
Country Club Services <ul><li>50 properties </li></ul><ul><li>International Marketing Services </li></ul><ul><li>Accommodation ranging from one and two bed suites to classic four bed homes all with the comfort of a full service and management infrastructure </li></ul><ul><li>Restaurant and catering services </li></ul><ul><li>Reception </li></ul><ul><li>Country Club management </li></ul><ul><li>Pool </li></ul><ul><li>Tennis Courts </li></ul><ul><li>Outdoor Pursuits </li></ul><ul><li>General Communal Areas </li></ul><ul><li>Event and Reception Management </li></ul><ul><li>Accommodation available in week and multiple day units only, subject to session. </li></ul>
Investment Cycle <ul><li>Initial €3,000 Reservation. </li></ul><ul><li>One month from reservation 20% of total investment (less the €3,000 reservation) </li></ul><ul><li>Remainder on completion </li></ul><ul><li>Property is available as lease back and with the additional benefit on a limited number of properties fractional ownership basis </li></ul><ul><li>Investments ranging from *€100,000 for a fractional ownership member, €130,000 for a Studio Suite to approx *€ 300,000 for one of the imposing Chateau Suites (Available on Lease Back) </li></ul><ul><li>Lease Back investments are allocated 4 mixed weeks accommodation, 2 of which are peak season weeks. </li></ul><ul><li>In the future, Heritage owners will be able to utilize accommodation allocation in other Heritage destinations such as Southern Italy, Spain, Portugal, Greece </li></ul><ul><li>Factional owned property with up to 60% mortgages available and 80% on conventional investments (Subject to status) </li></ul><ul><li>Guaranteed three year buy back programme </li></ul><ul><li>The Chateau Laleard Country Club will be fully operational for the 2010 season </li></ul><ul><li>*All prices exclude local taxes </li></ul>
Who are the Heritage Group <ul><li>Heritage are a team of property and leisure professionals who have a goal to identify notable structures through Southern Europe and undertake their sympathetic development, renovation and conversion into residential and commercial units. </li></ul><ul><li>Always retaining the original integrity and detail whilst maximising investor return supported by a dedicated and experienced development and management team. </li></ul><ul><li>Dedicated to delivering a quality owner and visitor service experience. </li></ul>