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Altieri Organic Farming Ltd. Company Registration. No. 09412546
Registered Office. Airport House, Purley Way, Croydon, Surrey, CR0 0XZ, UK
PROSPECTUS PART 1
Prestigious organic agricultural business for sale in Tuscany.
Brief Description
A unique investment opportunity to purchase a wonderful prestigious organic agricultural and multi
purpose business. It includes 5,000 square metres. of agricultural/tourist accommodation buildings, 487
ha. of land which is particularly suitable for the creation of a game hunting reserve and a winery (DOC
Morellino and Rosso di Sovana). The latest renewable energy systems have been installed and include: 2
photovoltaic with total capacity of 2 megawatts and 1 biomass cogeneration system with the power of
200 kWe.
CURRENT BUSINESS ACTIVITIES: tourist accommodation (of 80 beds) and 2 restaurants which are
also open to the wider public (a total of 150 seats). In addition a range of organised ceremonies and
events are held in the conference room while there are also equestrian activities (riding school and
stables), as well as the production of a high level of renewable energy for all the estate’s equipment and
systems and mixed organic agricultural productivity.
POTENTIAL BUSINESS ACTIVITIES: a winery business, beef cattle breeding, meat processing, the
creation of a 9 hole golf course and driving range, extension of the existing tourist holiday
TYPE: Agricultural businesses and
Wineries
REGION: TUSCANY
PROVINCE: Grosseto
DISTRICT: Grosseto
BUILDING SURFACE: 5000 mq
LAND SURFACE:
487 ha ( 4870000,00 sqm )
( cod.rsge002452 )
PRICE € 30.000.000,00
accommodation with 15 additional rooms, and a very rare opportunity to create a prestigious new spa
and luxury resort with the inclusion of an additional 40 suites. The estate, which includes the area’s
restocking of game as well as its generously spaced and entirely fenced agricultural land, would lend
itself perfectly as a wonderful hunting reserve.
This is a particularly interesting investment as its current profitability is guaranteed by the recently
installed equipment, making the purchase sustainable for the medium to long term. There is also the
potential for developing more interesting business activities as well as the rare opportunity in Tuscany to
create a new luxury spa with golf course.
Location
Maremma Grossetana, historically called Maremma Senese, is in the central part of the Grosseto
province along the Tyrrhenian coast that stretches between the Gulf of Follonica and the mouth of the
river Chiarone. This flows into the sea south of the Argentario promontory which also includes the lower
Valley dell'Ombrone. The Maremma area also extends to the beautiful hilly inland areas such as the
Grosseto’s Metallifere, Albegna and Fiora Hills as well as the l’Area del Tufo, up to the Mount Amiata
heights. Among the main towns are Grosseto, Follonica, Castiglione della Pescaia, Porto Santo Stefano,
Orbetello, Scansano and Massa Marittima.
The agricultural business for sale, which extends to almost 500 ha. has been developed over an area with
an average altitude of about 300 metres above sea level and is situated between the Monte Argentario and
Monte Amiata areas.
Its beautiful location, set in the rolling hills surrounded by its own lush green forests, is easily accessible
thanks to the property’s numerous and easily accessible road network.
The distance from the property to the main places of interest are: Pitigliano 17 km. - Scansano 25 km. -
Monte Argentario (Tuscany coast, sea) 40 km. - Lake Bolsena 50 km. - Monte Amiata 50 km. -
Grosseto 50 km. - Siena 120 km. - Rome 150 km. - Rome (Leonardo Da Vinci airport) 140 km. - Pisa
(Galileo Galilei airport) 220 km.
Description
This wonderful organic agricultural business for sale in the beautiful Maremma region of Tuscany is
energy efficient, includes rustic style buildings, which have been completely renovated over the last 10
years, and covers 3,200 square metres in size. The property also boasts an 80 bed tourist
accommodation, conference room and 2 restaurant areas. This is all complemented by beautiful
surrounding green parks and 2 swimming pools.
In addition there is also outbuildings, agricultural barns/storage areas, stables and a riding school
covering a further 1,850 sqm.
There are 487 ha of completely fenced in agricultural land. This is subdivided into 300 ha of forest, 175
arable (semi-irrigated), ha. 10 ha of olive groves and 2.7 ha of vineyards. The agricultural estate is in a
DOC Morellino and Rosso di Sovana wine area and, thanks to the presence of arable land, which is
particularly good due to its quality, altitude and exposure, would lend itself perfectly to the creation of a
possible winery business and cellar. It would also be possible to integrate a cattle breeding and respective
meat processing business.
In recent years, 2011 and 2012, the property has been equipped with substantial technical systems to
reduce emissions and maximize energy savings. This prestigious estate for sale includes 2 photovoltaic
(3rd and 4th energy incentive account) systems with a total capacity of 2 MW. The corresponding GSE
incentives are equal to €0.317-€0.263 per kWh and €0.09 per kWh for the purposes of energy resale.
There is also a cogeneration biomass plant with a current output of 200 kWe with an inclusive tariff
incentive of €0.28 per kWh produced. The renewable energy company has already prepared for the
installation of 3 geothermal and 2 solar thermal systems for use in some of the buildings listed above for
use in the tourist accommodation.
CURRENT BUSINESS ACTIVITIES: tourist accommodation (of 80 beds) and 2 restaurants which are
also open to the wider public (a total of 150 seats). In addition a range of organised ceremonies and
events are held in the conference room while there are also equestrian activities (riding school and
stables), as well as the production of a high level of renewable energy for all the estate’s equipment and
systems and mixed organic agricultural productivity.
POTENTIAL BUSINESS ACTIVITIES: a winery business, beef cattle breeding, meat processing, the
creation of a 9 hole golf course and driving range, extension of the existing tourist holiday
accommodation with 15 additional rooms and a rare opportunity to create a new prestigious luxury spa
resort (2 thermal pools have already been installed with a water temperature of 34° and a 50 litre/per
second capacity) with the inclusion of an additional 40 suites. The relevant planning permission is
currently in its final stage of approval and thereafter work could begin immediately after the estate’s
purchase. The estate, including the area’s restocking of game and its generously spaced and entirely
fenced agricultural land, would lend itself perfectly as a wonderful hunting reserve.
The sustainability of the proposed investment can be seen by its current profitability which is very
attractive in terms of numbers and acts as a cushion to the financial commitment of the estate’s
purchase.
This agricultural business which has been offered for sale does not include furniture, machinery,
equipment or company vehicles, but these goods can still be included with an agreed price to be
negotiated separately.
State of repair
Information is available on expression of interest.
Utilities
Information is available on expression of interest.
Land registry details
Information is available on expression of interest.
Ownership Details/Contractual Obligations
Information is available on expression of interest.
Potential Land Use
Information is available on expression of interest.
Roberto Biggera
International Sales Co-ordinator
Gruppo Immobiliare Great Estate & Chesterton
Extension:+39 0578 1900529|Mobile: +39 335 271235 | skype: roberto.biggera
Sede di San Casciano dei Bagni, fraz. Palazzone (Siena), Via Piana 15
Phone +39 0578 59050 | Fax +39 0578 850004
E-mail: roberto.biggera@greatestate.it
WebSite: www.greatestate.it
"CLUB HOUSE"
CASALE "LE FABBRE"
FATTORIA PIANETTI
CASA DI CACCIA
frutteto
nuova piantumazione
uliveto
macchia boschiva
vigneto
erba
seminativo
laghetti artificiali
corsi d'acqua
ANNESSO "LE FABBRE"
CASALE "FONTE CANNELLA"
ANNESSO "FONTE CANNELLA"
visione generale
visione generale aerea
CASALE"LEFABBRE"
visione generale fronte sudvisione generale
ANNESSO"LEFABBRE"
"CLUBHOUSE"
visione generale
visione generale
visione generale aerea
visione generale aerea
CASADICACCIACASALE"FONTECANNELLA"ANNESSO"FONTECANNELLA"
FABBRICATO PER RICOVERO EQUINI
visione generale
FABBRICATOPERRICOVEROEQUINI
FABBRICATO ADIBITO A FIENILE CON ANNESSO IMPIANTO A BIOMASSE
visione generale
FABBRICATOADIBITOA
FIENILECONANNESSO
IMPIANTOABIOMASSE
THE ‘FATTORIA PIANETTI’ AGRICULTURAL ESTATE-TECHNICAL AND
FINANCIAL REPORT
The ‘Fattoria Pianetti’ prestigious agricultural estate covers 500 hectares of agricultural land and
includes 5,000 square metres of buildings of which 3,200 square metres is an 'agriturismo'
holiday rental business and 1,800 square metres is for agricultural use.
The ‘Fattoria Pianetti’ agricultural estate, one of the last large private agricultural estates, has
remained unchanged over time in terms of the integrity of its land while considerable
restoration work carried out in the first decade of the 2000s has added considerable value to
this estate.
The estate is located in the beautiful Tuscan region in the prestigious Maremma area within the
municipality of Manciano, directly adjacent to the prestigious Terme di Saturnia (natural hot
springs). The location of the property is stunning. Situated in a gentle hillside location with an
average altitude of 300 metres it is surrounded by lush green forests that are estate owned.
Within the estate there is the ‘The Pianetti’ municipal road which links to the local ‘Follonata’
road as well as the provincial road ss 74. “The Pianetti” road connects to a network of small
country roads that allows for year round easy access to all the remarkable buildings of the
property and wider estate.
The distance from the estate to the main points of interest are as follows: Saturnia (2 km.),
Manciano (6.8 km.), Pitigliano (17 km.), Scansano (25 km.), Monte Argentario - Tuscan coast and
sea - (40 km .), Lake Bolsena (50 km.), Monte Amiata (50 km.), Grosseto (50 km.), Siena (120
km.), Rome (150 km.) Rome Leonardo Da Vinci Airport (140 km.) - Pisa Galileo Galilei Airport
(220 km.).
THE AGRICULTURAL BUSINESS
The agricultural business covers an area of 487 hectares and is categorized as follows:
 Arable land: approximately 175 hectares
 Forest: approximately 300 hectares of which 20 hectares are high forest trees and 280
hectares of managed coppice woodland;
 Olive grove: around 10 hectares of approximately 1,000 olive trees;
 Vineyard: approximately 2.7 hectares with quality Sangiovese and Merlot grapes.
The ‘Fattoria Pianetti’ agricultural estate is a multi functional farming business that has been
recognized as an organic farm since 2003. The agricultural business is currently focused on the
following areas; the cultivation of cereals and herbs with the main purpose being self-producing
and self sufficient cattle feed. This then optimizes the efficiency of the cattle breeding business
(Maremmana breed) and pigs (mainly the Cinta Senese breed). The breeding business is directly
related to meeting the needs, in quantitative terms, of the wider business such as tourism,
ceremonies and events. With the recent machinery installation for the conservation and
processing of meats this production could be increased for outside resale purposes.
All the arable land and managed coppiced forest is completely fenced and in 2009 the entire
estate underwent a series of land improvements with, in particular, the construction of barbed
wire fences with wooden poles.
The land can also be irrigated thanks to the presence of 2 wells and a series of underground
pipes.
There are two large farming sheds (‘Pastorello’ and ‘Porronaia’) covering a total area of 5,500
square metres that can be used for storing goods and agricultural equipment.
Within a dedicated area there is also another agricultural and animal buildings complex
represented on the plan as building lot "stables for horses and cattle shed". This consists of 1
barn/cattle shed (720 sqm), 1 iron framed and buffered wood stable (290 sqm.), a covered pen
(315 sqm.) and six wooden fenced paddocks (110 sqm). This dedicated area means that all
equine related activities are well integrated and include horse riding lessons, horse riding and
mini trekking within the estate, training and dressage as well as a horse livery service.
TOURISM BUSINESS
Within the estate there are 4 distinct areas dedicated to the tourism business. The
accommodation facilities have a total of 80 bed spaces and there are 2 restaurants which are
also open to the general public. Taken together this covers an area of 3,273 sqm, and has lush
tree lined green surroundings which boast 2 swimming pools.
PLOT 1 – FARMHOUSE + “LE FABBRE”ANNEX (658 sqm + 430 sqm)
"Le Fabbre" farmhouse dates back to 1500’s and the site was once a convent and later an iron
works. It stands on top of a hill surrounded by olive groves among the glorious Maremma
landscape. The period farmhouse is home to the main reception for the estate, 2 guest
communal rooms, 20 bed places, a spacious restaurant situated on a sunny veranda and its
kitchen.
Located approximately 10 metres from the main farmhouse, is a beautiful 'Le Fabbre' annex.
Here there are 3 spacious suites (living room with fireplace, double bedroom, bathroom with
Jacuzzi bath). There are a total of 12 bed places together with large terrace spaces on both the
north and south side of the building. Downstairs are the storerooms and building services.
Within the ‘Le Fabbre’ farmhouse, there is also a separate apartment used as a caretaker’s
residence.
The beautiful green park surrounding the buildings includes a swimming pool of approximately
100 sqm. which is a splendid setting for this first plot.
PLOT 2 – FARMHOUSE +’FONTE CANNELLA’ CONFERENCE ROOM
This is a typical Tuscan farmhouse with characteristic proportions over two floors. Externally it
is has walls made of local stone and travertine while internally there is a typical large dining
room punctuated by two large arches in travertine and a travertine staircase connecting the
floors. This has 6 bedrooms (total 18 bed places) with en-suite bathrooms, an impressive
entrance hall with a corner bar, a large living room with fireplace and relaxing area, a breakfast
room as well as a fitted kitchen.
The farmhouse boasts 10 wall paintings in its interior by the renowned artist Camilian
Demetrescu. These are unique works that almost transforms the property into an art museum.
Just a few metres from this historic "Fonte Cannella" farmhouse and on slightly higher ground
(approximately 2 metres) there is a conference room. This is newly built on one level and is the
ideal location to host conferences, seminars and events.
The beautiful green park surrounding the buildings, including a swimming pool of approximately
100 sqm., which is a splendid setting for this first plot.
PLOT 3 – “CASA DI CACCIA” FARMHOUSE (395 mq.)
Located only a few hundred metres from the Fonte Cannella complex, is this large and spacious
restaurant which has been designed and created to accommodate the paying guests from the
wider "Fattoria Pianetti" holiday rental business. It has been designed and built in accordance
with the best in traditional Tuscan architectural style. The complex has a spacious restaurant
dining room for lunches, dinners or banquets, a fully equipped kitchen, a staff changing room, 2
food and drink stores and a caretaker’s apartment.
It is surrounded by a vast lawn area bordered by a hedge and also two designated areas for car
parking.
PLOT 4 - “CLUB HOUSE” (1,067 sqm. + 387 sqm of terraces)
The 'Club House' is another important building on the ‘Fattoria Pianetti’ estate which offers
guests a very generous space. Within the building there are a total of 11 apartments each with a
kitchen-living room, bathroom and bedroom with a total of 30 bed places. Spacious terraces and
balconies complement the apartments and guarantee guests’ beautiful views of the surrounding
countryside.
The recently built complex is also surrounded by newly landscaped green spaces and car parks.
RENEWABLE ENERGY BUSINESS
The "Fattoria Pianetti" agricultural estate has invested heavily, in terms of technical facilities, to
reduce its carbon footprint and maximize its energy savings. More specifically, the estate has
equipped its tourist facilities and buildings with 3 geothermal plants and 2 solar thermal systems
to provide an adequate and controlled energy supply.
These systems are best represented by 2 solar photovoltaic (PV) systems and 1 biomass plant as
illustrated below:
PHOTOVOLTAIC (PV)
In 2011 2 ground photovoltaic (PV) systems were installed with a capacity of 1 mw (megawatt)
each giving a total capacity of 2 mw. This was used to support the energy requirements of the
agricultural business on the estate which also affords numerous benefits in terms of taxation
and agricultural income.
Below is a more in depth analysis of the two Photovoltaic (PV) systems:
 Plant 1–this has benefited from the third feed in scheme. This Italian scheme is a
programme which grants incentives for electricity generated by photovoltaic (PV)
systems connected to the grid. The tariff is based on the electricity produced and is
granted over a period of 20 years. This plant, therefore, has benefited by providing an
income equal to € 0.317 per kWh with regards the GSE contribution (Gestore Servici
Energetica, National Grid) due on 25.04.2031 and € 0.09 per kWh produced regarding
the sale of energy. Considering the first year of production was 2012 (first year of the
scheme), the total annual cash flows from the photovoltaic PV Plant 1 amounted to
€569,800.00.
 ‘POGGIO MACINA’ PLANT–this has benefited from the fourth feed in scheme and
provides an income equal to € 0.263 per kWh as regards the GSE contribution due on
04.08.2031 and € 0.09 per kWh produced regarding the sale of energy. Considering the
first year of production was 2013 (first year of the scheme), the total annual cash flows
from the photovoltaic PV ‘Poggio Macina’ Plant amounted to € 475,299.00.
COMBINED BIOMASS GENERATOR
The "Fattoria Pianetti" estate has recently integrated an important agro-energy source. Agro-
energy consists of a series of steps which allows raw material of vegetable or animal origin,
“biomass", to meet the energy needs of one or more users. These stages involve three essential
steps: the retrieval of the biomass, its transformation into vector energy (biofuel) and its use
within a system for energy conversion.
Biomass is the starting point of the biomass-energy chain and the design of energy systems for
the production of simultaneous heat and power (CHP, Combined Heat and Power)) in renewable
sources. Unlike fossil fuels, biomass is not evenly distributed across an area so is not
continuously available throughout the year. A CHP system of renewable sources can therefore
only be used through a combination of heat demand and biomass availability.
In this context the "Fattoria Pianetti" estate can count on a triple benefit:
 Availability of wood biomass due to its approximate 300 hectares of forest, of which a
large part is managed woodland (about 280 ha.). This can then easily meet the demand
for raw material for a combined plant by about 200 kWe.
This then links the production of energy from renewable sources, through the construction of a
biomass plant with the agricultural-forestry production capacity of around 200 kWe, to the
needs of the agricultural business.
 Being under the PTC (Piano Territoriale di Coordinamento, local planning area) of the
Province of Grosseto production from renewable biomass related to agricultural
business scheme, can bring benefits of at least 80% of the raw material which is derived
directly from the business. The Fattoria Pianetti estate fully meets this requirement so
qualifies for tax relief on agricultural income which brings huge benefits in terms of
liquidity for the business itself.
 The plant actually produces excess thermal energy and the "Fattoria Pianetti" estate
intends to use this potential by providing power to the 'Le Fabbre' annex. Arrangements
fro a local power line has already been made and the hope is that the thermal energy
produced could be used to heat all the tourist buildings including the swimming pool.
This would then produce a considerable budget saving both in terms of heating supply
and savings on the cost of oil that is currently used to power the existing heat pumps.
INCENTIVES - The biomass plants have an incentive component which relates to the sale of
electricity and the current rate is equal to € 0.28 per kWh over a period of 20 years. Given
the productivity of the combined biomass plant on the estate which is approximately 8000
hours per year the annual cash flows arising from that plant are equal to approximately
€420.000, 00. The expiry date of the national grid (GSE) contributions related to the
combined biomass plant installed on the premises is 2035.
THE ESTATE’S POTENTIAL OPPORTUNITIES
The prestigious "Fattoria Pianetti" agricultural estate, thanks to its layout and generous
availability of agricultural land and space, could allow for the seamless integration of the
following business:
SPA RESORT: Within the "Fattoria Pianetti’ estate there is a very rare planning opportunity to
create a spa with 2 thermal wells that were installed following targeted technical searches for
thermal water. These can supply about 50 litres of water per second at a temperature of 34°.
The estate has already obtained a certificate of recognition from the Ministry of Health and
Welfare under its 'Pure Mineral Water' scheme. In the structural plan for the district of
Manciano provision has also been made for the creation on the "Fattoria Pianetti" estate of a
prestigious countryhouse resort which will create an additional 40 suites. This project proposal
is currently in its final stage of approval and once approved work can then immediately begin.
GOLF CLUB: The Territorial Coordination Plan (PTC), or local plan, has identified the estates
potential to create a 9 hole golf course as well as a driving range. This could all be carried out
through an extension of around 50 hectares. For this start-up project the business has already
obtained a resolution from the council for the construction of a 9 hole course.
HUNTING RESERVE: Within the estate, owning a generous 300 hectares of closed and fenced
forests, could allow for the creation of a wonderful private hunting reserve. With roads and
trails already present on the property this could create a valuable income source for the tourist
holiday rental business during the winter months that are traditionally dedicated to hunting.
This could allow for a longer tourist season in the low season.
WINE PRODUCTION: Coming within the DOC Morellino and Rosso di Sovana zone, the estate
would lend itself perfectly to an integrated winemaking business. With the minimal production
already in place, a new winery could be created alongside the planting of new vines in the
estate’s optimal arable land in terms of altitude, exposure and soil quality.
ADDITIONAL CATTLE BREEDING: the estate’s agricultural land has been completely fenced
which could allow for extra cattle and pigs.
ADDITIONAL ACCOMMODATION: The company now has the opportunity through the approval
of a special P.M.A.A. (plan to improve the agricultural environment) to build an extension to the
'Fabbre' tourist business complex. This will create an additional 13 new bedrooms, a new
restaurant/dining room and kitchen.
ADDITIONAL COMBINED BIOMASS GENERATOR CAPACITY: The Company has almost
completed the installation of a combined heat and power biomass 200 kw generator. Again, as
part of P.M.A.A. Initiative, the company has the opportunity to install an additional combined
heat and power biomass 100 kw generator. (The 300 kw total represents the maximum capacity
of biomass generated within the company owned forests).
COMPANY ACCOUNTS FOR THE 'FATTORIA PIANETTI' AGRICUTURAL
ESTATE AND THE CONDITIONS OF SALE
Summarized below are some current company management accounts. This will allow for a more
thorough assessment of the possible estate’s purchase and, therefore, the sustainability of that
investment.
The estate’s tourist business averages around 120 days per year with the tourist season running
between February and December. Average prices range from €80.00 per night during the low
season up to €200.00 per night during the high season. Clients are both national and
international and generally come from the following countries: Norway, Germany, Holland,
United Kingdom and France. Bookings are handled by a network of agencies as well as
Norwegian and German tour operators.
Reception ceremonies and banquets-The year 2013 saw brisk business with a total of 30
ceremonies taking place. For this type of business, the estate is able to offer not only the hiring
of the premises and outdoor areas (average price for the ceremony: €3,000.00) but also to
combine these events with catering and overnight stays for guests.
Restaurant- The restaurant will be open to guests of the estate and the wider general public
during the months of April to October 2015.
Stable business– opens all year round. Although they do not generate great returns, they are a
valuable 'bolt on' activity for other business activities of the estate, particularly tourism, as well
as regulars on the estate who make use of the stabling facilities for their own horses.
The "Fattoria Pianetti" agricultural estate employs full time, part time and occasional staff to
manage the estate as follows:
4 employees for the management of the agricultural business;
4 employees for the management of the agritourism holiday rental business;
4/6 employees who are recruited on a seasonal basis during the high season.
The following summary table is the proposed budget for 2015. This is drawn from the financial
results and reported average annual returns for the years 2012 and 2013 (data found in the
financial returns of the company) plus estimated results relating to the new business activities
not included in the current reporting structure ("Club House" complex plus the combined
heating and power Biomass unit) as follows:
Provisional budget for 2015 with additional potential
income
Historic
Cumulative
Figure
Additional
Cumulative
Figure
Cumulative
Total
YEAR 2015 2015 2015
Statement of Income
Revenue from Sales and Services 1.590.590 684.232 2.274.822
Invoices 2013/2014 160.500 160.500
Surplus from work in progress and finished
products/works 78.500 78.500
Other revenue and income
A)Production Costs 1.829.590 684.232 2.513.822
Purchase of raw materials and goods 92.850 116.434 209.284
Purchase of services and other operating costs 128.662 128.662
Cost variation in raw materials and goods
Rental costs and lease fees 1.841 1.841
Staff costs 221.586 35.000 256.586
Remuneration for members of the corporate body 9.999 9.999
Provisions
Depreciation 349.918 49.000 398.918
Other operating expenses 3.198 3.198
B) Production Costs 808.053 200.434 1.008.487
Net Operating Costs(A-B) 1.021.538 483.798 1.505.336
Financial Income
Interest and other financial charges -375.543 -48.000 -423.543
(C) Financial Income and expenses
-375.543 -48.000 -423.543
Surplus before tax (A+B+C=D) 645.995 435.798 1.081.793
Income tax for the year 34.517 34.517
Profit (loss) for the period 611.478 435.798 1.047.276
The asking price for the Fattoria Pianetti estate is €30,000,000.00. It will be sold 'open gates'
which is an Italian agricultural term that covers the sale of the land and buildings only. For this
reason the sale does not include the furniture, equipment, vehicles and machinery. This would
then be termed a 'closed gate' sale. These goods can still be included in the sale through
independent negotiations, following verification of a proper inventory.
In light of the economic data outlined in the official financial statements we can therefore say
that the acquisition of this estate is an investment that is certainly sustainable in the short and
medium term. This is especially the case in view of the substantial economic income that is
guaranteed by the eco energy plants that have been installed for the purposes of renewable
energy production.
The results and figures are certainly interesting for any future entrepreneur who, post purchase,
could integrate the company through the development of other potential businesses such as the
creation of a luxury spa resort with a golf club, hunting reserve and quality wine production.
The "Fattoria Pianetti" agricultural estate is currently registered as an Article 2 Limited Liability
Agricultural Company and therefore the sale of the property/agricultural business will be with a
deed of sale of the entire company shareholding alongside all the assets and liabilities of the
company including mortgages and loans. This will affect the selling price to approximately 40%.
Specifically, with regards to the debt, the assumption is that the debt figure will be updated at
the time of sale and will be deducted from the final price. The mortgages, paid in installments
on a regular basis, total €1,000,000.00 (interest + capital) annually which then absorbs
approximately 50% of the net income per year (historic cumulative + potential cumulative) as
indicated above.
We firmly believe, therefore, that the "Fattoria Pianetti" agricultural estate represents a very
rare opportunity to invest in a Tuscan multi functional agricultural company with enormous
potential for further development. Being profitable at the current time also means that it will
be sustainable during periods of longer term project and business development in the
wonderful region of Tuscany, one of the most beautiful and famous areas in the world.
Farmhouses- Fonte Cannella
Farmhouses- Fonte Cannella 2
Farmhouses- Fonte Cannella & Hunting House
Hunting House
Main Farmhouse
Photovoltaic system
1
Oggetto: Proposta di Acquisto
Questo accordo è valido tra Altieri Organic Farming Ltd e Fattoria Pianetti – Società Agricola A R.L.
and Poggio Macina A R.L.
Data: 19 Febbraio 2015
PARTI:
(1) Altieri Organic Farming Ltd (denominato Altieri Ltd in questo documento). Sede
Legale: Airport House, Purley Way, Croydon, Surrey, CR0 0XZ, UK. Numero
Aziendale: 09412546 rappresentata da William Fucilla nato a Croydon, Inghilterra, il
17/09/1987 e residente in Inghilterra (allegare passaporto)
e
(2) Le Società:
Fattoria Pianetti A R.L. con sede legale in Manciano (GR) loc.Casale Le Fabbre snc, P.IVA
01237880537 – Codice fiscale e n. d’iscrizione 01375230560
Poggio Macina – Società agricola A R.L. con sede legale in Manciano (GR), Loc.le Fabbre
snc, Codice fiscale e P.IVA: 01474790530
(denominato venditore o parte venditrice in questo documento) proprietaria/o/i dell’immobile
denominato Fattoria Pioanetti ubicato in Manciano - Grosseto con codice agenzia RSGE2452
del quale è stata presa visione via Internet tramite l’Agenzia Immobiliare Great Estate s.r.l.
1. OGGETTO DEL CONTRATTO
Questo accordo tra le parti contraenti è irrevocabile. Le parti convengono quanto segue:
1.1 Altieri Ltd acquisirà l’immobile denominato Fattoria Pianetti ubicato in Comune di
Manciano (GR), codice Agenzia RSGE2452 da Fattoria Pianetti A R.L. e Poggio Macina
2
Società Agricola A R.L. al prezzo di € 30.000.000 (Trenta Milioni di Euro) che sarà soggetto
al buon esito della due diligence che sarà effettuata sull’immobile da parte di professionisti
incaricati dalla parte acquirente ed i cui costi saranno sostenuti da quest’ultima, entro un
termine di 90 giorni dall’accettazione della presente. La due diligence consisterà in una
relazione tecnico-finanziaria dell’immobile al fine di individuarne l’effettivo valore di
vendita e la parte acquirente si riserva la possibilità di valutarne l’esito a suo insindacabile
giudizio prima di procedere eventualmente con l’impegno definitivo per l’acquisto. Se al
termine della due diligence verrà riscontrato un valore inferiore a quello pattuito nel presente
accordo, se il venditore sarà d’accordo, le parti si impegnano reciprocamente a rinegoziare il
prezzo di vendita sopra pattuito tramite la sottoscrizione di un preliminare di compravendita,
che annullerà gli effetti di qualsiasi accordo preso in precedenza.
1.2 Dopo la firma del presente accordo il venditore fornirà a Altieri Ltd tutta la
documentazione necessaria per completare la due diligence, incluso ma non limitato a; gli
ultimi 3 anni dei bilanci dell’azienda, tutte le relazioni tecniche e finanziarie disponibili,
relazioni circa lo stato e la condizione della proprietà se disponibili.
1.3 Dopo la firma del presente accordo, Altieri Ltd fornirà la prova di fondi al venditore, per
completare l'acquisto dell’immobile, che seguirà, nel caso che la due diligence sia completata
con successo.
1.4 L'accordo scadrà il 19 maggio 2015.
1.5 Se Altieri Ltd sceglierà di non procedere con l'acquisizione al termine della due diligence,
o nel caso in cui scadranno i 3 mesi di condizione sospensiva legati alla due diligence stessa,
questo accordo sarà automaticamente nullo.
1.6 Altieri Ltd e il venditore garantiscono che la documentazione ed informazioni che
vengono divulgate alle rispettive parti, saranno strettamente confidenziali, e le informazioni
non saranno divulgate o e comunicati a terzi, con l'eccezione dei partner o altre parti che
parteciperanno all’acquisto.
1.7 Dopo aver completato con successo il processo di due diligence, le parti firmeranno un
accordo definitivo per completare ufficialmente l'acquisizione, tramite la firma di un
contratto preliminare di compravendita o direttamente tramite Atto notarile da stipulare
presso Notaio Italiano scelto dalla parte acquirente, il tutto entro e non oltre il 30/05/2015.
1.8 Al momento della sottoscrizione dell’accordo definitivo tra le parti (sottoscrizione
preliminare di compravendita o del rogito notarile), la parte acquirente si impegna a
riconoscere all’Agenzia Immobiliare Great Estate Immobiliare s.r.l. la provvigione del
3% + IVA sul prezzo di compravendita mentre la parte venditrice si impegna a
riconoscere all’Agenzia Great Estate Immobiliare s.r.l. la provvigione concordata
nell’incarico di vendita sottoscritto con l’agenzia stessa.
Property Standard assignment
STRUTTURA RICETTIVA VITIVINICOLA DI PRESTIGIO IN
UMBRIA sul confine TOSCANO" LA STRADA DEL VINO"
Brief Description
Agricultural businesses and Wineries. Farm, cottages and restaurant + tasting room and wine cellar
complete and running with wine production and labeled organic oil exported worldwide. Placed in a
wonderful position between Umbria and Tuscany with fertile land and productive. The land is 85 acres
of which 20 of vineyards with the opportunity to plant more vines (other 5/10 hectares), with over 1,500
olive trees biological and 50 acres of woodland. The sunny location and well exposed, offers a
wonderful vista.Possibilità expansion with purchase land and houses nearby. Energ Class and ipe
underway
Location
The farm-winery is located in the heart of Italy, on the border between Umbria and Tuscany, halfway
between Rome and Florence, in the famous Chianti area / Orvieto. The company produces wine and is
located on the crest of a hill. The eye passes over the vineyards and, in a continuous succession of
TYPE: Agricultural businesses and
Wineries
REGION: UMBRIA
PROVINCE: Terni
DISTRICT: Ficulle
BUILDING SURFACE: 2150 mq
LAND SURFACE:
85 ha ( 850000,00 sqm )
( cod.rsge001761 )
Price On Application
perspectives, meets near Castello della Sala, Orvieto, the Cimini, Cetona and Amiata beyond the valley. In
the background the profile of Tuscany overlooking the valley of the Chiani and Chianti.
The path of roses at the end of the rows of vines marks the road through the estate, which from the
cottage and garden, leading to the cellar and restaurant. Here, you can taste our wines and enjoy a great
meal in the charming restaurant "Locanda" and then stay and relax in rooms features.
The facility is located 2 km away from the city center, with all services. Nearby, Orvieto, Città della
Pieve, Cetona and other beautiful local towns. Easily accessible, Assisi, Rome, Pisa, Siena and Florence,
with its airport are approximately 1 hour and 30 minutes. Due to its strategic position of the country with
traditions, architecture and wine, is particularly sought after by tourists who love nature and tranquility,
customers, art lovers, for wine and gastronomy.
Description
Agricultural businesses and Wineries. Company / Farmhouse with outbuildings and cellar, with a total
area and total of 2145. The total area of the buildings of the facility so it is of 2145 square meters,
consists of a guest house of 250 sqm with living room, kitchen 4 bedrooms and 3 bathrooms +
outbuilding of 30 sqm. with kitchenette, bedroom and bathroom. A restaurant of 190 square meters with
kitchen and outdoor area with porch and gazebo. Apartment above 105 sqm. with 2 bedrooms - dressing
room - bathroom living room and small kitchen. 1550 square meters of working winery for processing,
bottling-labeling and wine aging in oak barrels with French winemakers and fullers-steel tanks at
controlled temperature of new generation with modern and functional facility capable of combining
traditions and new technologies .. Closed-remittance agricultural machines and equipment for more than
200 square meters in the service of the company. And 'situated in a splendid position between Umbria
and Tuscany. The land is 85 hectares: 20 screws with the possibility of implanting more vineyard (up to
a further 5/10 hectares). Oliveto production with over 1,500 olive trees biological and 50 acres of
woodland. The location offers a beautiful location, exposure and magnificent views.
The new winery, which maintains its traditional rural architecture with exterior walls made of local
stone, has been designed, engineered and built to become a modern and functional, where traditions and
contemporary technology meet.
The Vineyards
Quality local Umbrian and Tuscan screws (Montepulciano and Sangiovese) alternating with large
international varieties (Merlot and Cabernet).
Each vineyard has its own character, its peculiar note: soil, exposure, height, presence of trees,
ventilation, however, the essential features of the environment are unchanged. The farming system is
cordon, with a density of 5,400 vines per hectare.
The wines are the result of a project viticulture exciting, aimed at enhancing the vines and their territory
by combining red grapes exceptional national and international. The production is of the highest quality
standards and guarantee continued commitment to work in harmony with each screw on the estate.
The result is three excellent wines rated critically acclaimed Italian and international: The Wine Advocate
- Robert Parker 91/100; Veronelli 93/100.
The winery produces and bottles exceptional types of wine:
Fragrant wines with grapes growing on the top of the hill, the result of art and craftsmanship made by
mixing fine grapes "red Montepulciano" grapes "Merlot".
Fine wines from grapes that come from large estate oak, with a centuries-old vineyard where "Merlot,
Cabernet Sauvignon and Cabernet Franc" find an ideal habitat. Wines "Rose" delicate and imaginative in
addition to new blends and flavors of a wine collection created for a young, stylish, avant-garde, turned
to new generations.
Buildings and residences
Casale to use receptive Pool + house that can accommodate a total of 25 people.
All located in the heart of the company and on the highest part of the hill, and the estate is nestled in the
picturesque forest of oaks and is surrounded by vineyards. Above the restaurant accommodation with
Apt.
From the edge of the pool, you can enjoy the stunning views stretching over vineyards, Castle Hall
across wide Paglia river valley to climb the picturesque tuff cliff of Orvieto.
restaurant
The restaurant, furnished and equipped stands out for its taste and its excellent cuisine and can
accommodate 20 to 60 people sitting inside and the same out on the porch facing the sunset, the square
overview of the cellar, near the restaurant is the perfect place for a great party, parties and events such
as the Ferrari meeting, vintage cars, organic flavors etc ...
Interesting investment, thanks to its goodwill and the ability to expand with the purchase of other houses
to be restored and land on the border and / or non-border but still nearby.
State of repair
The structure with a basement and houses have been renovated or newly built. All buildings are in
perfect condition. The original features and typical of the area, have been preserved; exterior facades in
stone, terracotta floors and wooden beams. The buildings were constructed in compliance with zoning
regulations and health rules.
Utilities
The property is a structure that has all the facilities and utilities connected and connected to the telephone
lines and the Internet.
Water systems and heating systems have been installed in accordance with local safety regulations. The
water comes from a natural spring on the property. The property is fully served and can be inhabited
immediately with farm and company functioning and active.
Land registry details
Accommodation completely regular with permits and licenses, the property is officially registered on the
"New Cadastre" of the municipality itself.
Ownership Details/Contractual Obligations
Agricultural businesses and Wineries. The company and the entire property is on behalf of a company
and taxation is subject to VAT which will be calculated in accordance with applicable laws.
Potential Land Use
This beautiful residence-country estate with winery, vineyard, business accommodation, and organic
farm, has great potential. Its strategic location and convenient is ideal to be used to produce wines in the
world and to know and make known and visiting the major towns of Umbria, Lazio and Tuscany. The
large size of the company, makes it interesting its agricultural production with current and future possible
increases and expansions. The apartments of the accommodation can easily be rented as a holiday home
AZIENDA 1 LE VIGNE
ESTERNO 1 ESTERNO 2
CASALE CASALE 1
because everything is in an area that has significant interest from Italian and international tourists. A
wonderful farm-farm with its production of fine wines, is an interesting business not to be missed.
RISTORANTE CANTINA
PISCINA VIGNE ROSSE
TERRAZZA CANTINA
VEDUTA BARRIQUES
IMBOTTIGLIAMENTO ACCIAIO
VITI CON ROSETO COMPLESSO
EVENTI AUTUNNO
PISCINA 1 PISCINA INTERA
PROPERTY STANDARD ASSIGNMENT
On this type of property, for several reasons ( impossibility of correct verificationcaused from privacy request of the seller, impossibility to acquire documentation or
other) our agency is not responding directly of every datas and/or informations shown, becausewe cannot do any type of exact verification so all responsabilities are
completely on seller charge.
Roberto Biggera
International Sales Co-ordinator
Gruppo Immobiliare Great Estate & Chesterton
Extension:+39 0578 1900529|Mobile: +39 335 271235 | skype: roberto.biggera
Sede di San Casciano dei Bagni, fraz. Palazzone (Siena), Via Piana 15
Phone +39 0578 59050 | Fax +39 0578 850004
E-mail: roberto.biggera@greatestate.it
WebSite: www.greatestate.it
STRUTTURE RICETTIVE IN VENDITA "AGRITURISMO IL BEL
TRAMONTO"
Brief Description
Touristic businesses and hotels lazio. Situated only a half an hour from Rome, Bolsena Lake, and a few
minutes from one of the most beautiful cities in all of Umbria and Tuscany, a stunning country farm
tourist rental (agriturismo biologico) property, which is currently open for business and running
successfully, which measures approximately 2000 sq mts. The property has individual rooms and
apartments, a restaurant with its own kitchen and other fully equipped rooms. There is a large swimming
pool with showers which measures 20m x 12m, changing rooms and a terrace with beautiful views of
the surrounding area. There is a Beauty farm which is currently under construction and approved
planning permission for an agricultural construction which measures approximately 770 sq mts. The
property also includes land which measures approximately 13 hectares, totally cultivated with organic
production and a small lake. The property has marvellous panoramic views over the surrounding
countryside. European Energy Classification "G" IPE: > 175.00kWh/mq a.
Location
Farm organic farm in lazio. The property has a perfect position, it is situated on the asphalt road which
TYPE: Touristic Businesses and Hotels
REGION: LAZIO
PROVINCE: Viterbo
DISTRICT: Orte
BUILDING SURFACE: 1700 mq
LAND SURFACE:
13 ha ( 130000,00 sqm )
( cod.psge000824 )
PRICE € 2.900.000,00
links Orte to Amelia. Touristic businesses and hotels for sale /to buy. The only white road is the one
which runs through the property itself, winding in between the various annexes, the gardens and the land
of the working farm. In less than 30 minutes by car you can reach all of the largest and most interesting
tourist destinations of the area, such as, Bolsena Lake, Orvieto, Viterbo, Todi and obviously the most
important, beautiful Rome. In an hour’s drive you will reach the main centres of Tuscany. It is only two
hour’s drive to Montalcino, Siena and Florence.
It has a wonderful location, amongst the hillsides but at the same time close to the station and the A1
motorway exit at Orte, which is only approximately 5 kms away. The Fiumicino airport is approximately
40/50 minutes drive.
Description
Touristic businesses and hotels for sale /to buy In a stunning location on the edge of the road which links
Orte to the picturesque village of Amelia. It is a beautiful farmhouse property, fully air conditioned,
complete with quality furnishings, currently open for business as a tourist rental agriturismo business., It
measures a total of approximately 2000 square meters, and has 8 bedrooms and bathrooms, 7 self
contained apartments, a restaurant with more than 200 seats plus 30 seats in the smoking lounge, where
you can organize parties and weddings. A spacious kitchen with professional equipment ALPENINOX, a
pantry, a cellar, several stores and other fully equipped rooms . A large 20mx12m swimming pool with
showers and changing rooms is situated in a garden along with a huge panoramic terrace with tables,
gazebos and garden furniture. A Beauty farm is currently under construction and there is an approved
project for 770 sq mts of agricultural buildings. The property also includes13 hectares of land, all
cultivated with organic production including: olive groves, vineyards, animal fodder, vegetables, berries-
blackberries and currants. It has animal shelters, a pond and woods. It is situated on a hill, and is easily
visible from the main road . It has marvellous views of the beautiful surrounding countryside, including
picturesque villages and rolling green hills.
Net surface :(1700|”)
Rooms :(30|”)
Bathrooms: (20|”)
Bedrooms:(16|”)
State of repair
Farm organic farm. Renovated and furnished with taste in a style typical of the area, using reclaimed
materials and that blend with modern day comforts. The main structure is partly plastered with some of
the original stone left on view, it has also been reinforced with concrete poles to ensure optimal stability.
Externally it is partly rendered and other parts have been left with the stone exposed. Particular care has
been taken with the architectural details, the terraces, balconies and porches have beautiful artistic
effects which creates a certain charm to the entire property. Internally there are some stunning large
arches and windows and some incredible original fireplaces. The reinforced ceilings are mostly painted ,
but in the lounge and restaurant they have exposed wooden beams, there are a mixture of marble floors,
single-fired brick floors and terracotta tiled floors.
European Energy Classification "G" IPE: > 175.00kWh/mq anno
Utilities
All the main services are available and are in working order. Prestigious Luxury villas for sale, all systems
were renewed a few years ago, and comply with safety standards and are in accordance with current
guidelines , including the air-conditioning which was totally replaced..The property has all major utilities
that are available in the local area, including mains water and mains electricity from Enel. There is an
existing telephone line with ADSL cover. The property has working fireplaces but the heating system
uses GPL gas which is subdivided into three separate sectors.
Land registry details
The property, farm organic farm in, is registered as an urban property with all the required
documentation. A small part is in the last stage of completion and soon everything will correlate to the
appropriate documents. The main building and the annexes are listed as buildings which were originally
built before 1967 and which have been subsequently modified and restored according to and within all
the building regulations and planning permissions issued and therefore they completely conform to
current guidelines. The land is listed in the NCT of the comune of Orte and the buildings are listed in the
NCEU in the same comune.
Ownership Details/Contractual Obligations
The touristic businesses and hotels is currently owned by a company and therefore it can be purchased
through the sale of company shares and thus make significant tax savings. There are no constraints or
problems or outstanding debts on the property.
Potential Land Use
The business was opened in 2004, it is a very interesting property which produces a good income. The
Farm organic farm (Agriturismo) is completely finished and is open for business at the moment. It has a
spacious garden and land which is partly arable and part olive groves. It has a small vineyard and a
production of mixed berry fruits. There are fenced areas with shelters ready to accommodate herds of
farm animals. It is an interesting investment with considerable future prospects which can be expanded,
thanks to a series of projects approved for approximately 770mq.di agricultural buildings. The property
is located in an excellent strategic position approximately 5 km. from the A1 motorway exit at Orte, It is
only 30 minutes from Rome, Orvieto and other main towns in the area, on the road leading to nearby
Amelia, where visitors to the area often stop to experience the therapeutic benefits of the treatments on
offer there.
ESTERNO 1 ESTERNO 2
ESTERNO 3 ESTERNO 4
ESTERNO 5 ESTERNO 6
INTERNO 1 INTERNO 2
INTERNO 3 INTERNO 4
INTERNO 5 INTERNO 6
INTERNO 7 INTERNO 8
PANORAMA 1 PANORAMA 2
PANORAMA 3 PANORAMA 4
VISTA DELL'AGRITURISMO DALLA PISCINA VISTA DELL'AGRITURISMO DALL'ALTO
DEPANDANCE
Roberto Biggera
International Sales Co-ordinator
Gruppo Immobiliare Great Estate & Chesterton
Extension:+39 0578 1900529|Mobile: +39 335 271235 | skype: roberto.biggera
Sede di San Casciano dei Bagni, fraz. Palazzone (Siena), Via Piana 15
Phone +39 0578 59050 | Fax +39 0578 850004
E-mail: roberto.biggera@greatestate.it
WebSite: www.greatestate.it
,1 )'''111(" I~U·llliHg
1_;(1
Oggetto: Proposta di Acquisto
Questo accordo è valido tra:
Altieri Organic Farrning Ltd e Il Sig. Mauti Marco, legale rappresentante della società "LA
VECCHIA FATTORlA S.R.L"
Data: 19 Febbraio 2015
PARTI:
(1) Altieri Organic Farming Ltd (denominato Altieri Ltd in questo documento). Sede
Legale: Airport House, Purley Way, Croydon, Surrey, CRO OXZ, UK. Numero
Aziendale: 09412546 rappresentata da William Fucilla nato a Croydon, Inghilterra il
17/09/1987 e residente in Inghilterra (allegare passaporto)
e
(2) Il Sig. Mauti Marco nato a Veroli (Fr) il 03/05/1980 c.fMTAMRC80E03L780C. e
residente in Veroli, via Passeggiata S. Giuseppe 64 il quale interviene a sua volta non
in proprio ma in qualità di legale rappresentante della società LA VECCHIA
FATTORIA S.R.L. con sede in VEROLI C.F. P.LV.A: 02046640609 1(denominato
parte venditrice in questo documento) proprietarialoli dell'immobile denominato "Il
Bel Tramonto" con codice "Psge 000824" del quale è stata presa visione via Internet
tram1'tel'Agenzia Immobiliare Great Estate s.r.l.
1. OGGETTO DEL CONTRATTO
Questo accordo tra le parti contraenti è irrevocabile. Le parti convengono quanto segue:
1.1 Altieri Ltd acquisirà l'immobile denominato "Il Bel Tramonto" codice Psge 000824 dalla
società "LA VECCHIA FATTORIA S.R.L" al prezzo di € 2.900.000 (Euro Due milioni
1
novecento mila/OO) che sarà soggetto al buon esito della due diligence che sarà effettuata
sull'immobile da parte di professionisti incaricati dalla parte acquirente ed i cui costi saranno
sostenuti da quest'ultima entro un termine di 90 giorni dall'accettazione della presente. La
due diligence consisterà in una relazione tecnico-finanziaria dell'immobile al fine di
individuarne l'effettivo valore di vendita e la parte acquirente si riserva la possibilità di
valutarne l'esito a suo insindacabile giudizio prima di procedere eventualmente con
l'impegno definitivo per l'acquisto Se al termine della due diligence verrà riscontrato un
valore inferiore a quello pattuito nel presente accordo, se il venditore sarà d'accordo, le parti
si impegnano reciprocamente a rinegoziare il prezzo di vendita sopra pattuito tramite la
sottoscrizione di un preliminare di compravendita, che annullerà gli effetti di qualsiasi
accordo preso in precedenza. Se la due diligence non avrà esito favorevole per qualsiasi
motivazione nessuna delle parti potrà richiedere all'altra o all'agenzia immobiliare nessun
tipo di penale, rimborso spese o risarcimento danni.
1.2 Dopo la firma del presente accordo il sig. Mauti Marco, legale rappresentante della
società LA VECCHIA FATTORIA S.R.L fornirà a Altieri Ltd tutta la documentazione
necessaria per completare la due diligence, incluso ma non limitato a; gli ultimi 3 anni dei
bilanci dell'azienda, tutte le relazioni tecniche e finanziarie diponibili, lo stato e la condizione
della proprietà se diponibili.
-l.3 Dopo la firma del presente accordo, Altieri Ltd fornirà la prova di fondi al Sig. Mauti
Marco, legalerappresentantedella società LA VECCHIAFATTORIAS.R.L,per completare
l'acquisto dell'immobile, che seguirà, nel caso che la due diligence sia completata con
successo.
1.4 L'accordo scadrà il 19 maggio 2015.
1.5 Se Altieri Ltd sceglierà di non procedere con l'acquisizione al termine della due diligence,
o nel caso in cui scadranno i 3 mesi di condizione sospensiva.legati alla due diligence stessa,
questo accordo sarà automaticamente nullo.
1.6 Altieri Ltd e il Sig. Mauti Marco, legale rappresentante della società LA VECCHIA
FATTORIA S.R.L garantiscono che la documentazione ed informazioni che vengono
divulgate alle rispettive parti, saranno strettamente confidenziali, e le informazioni non
saranno divulgate o e comunicati a terzi, con l'eccezione dei partner o altre parti che
"-parteciperanno all' acquisto.
1.7 Dopo aver completato con successo il processo di due diligence, le parti firmeranno un
accordodefinitivo per completare ufficialmente l'acquisizione, tramite la firma di un
contratto preliminare di compravendita o direttamente tramite Atto notarile da stipulare
presso Notaio Italiano scelto dalla parte acquirente, il tutto entro e non oltre il 30/05/2015.I
1.8 Al momento della sottoscrizione dell'accordo definitivo tra le parti (sottoscrizione
preliminare di compravendita o del rogito notarile), la parte acquirente si impegna a
riconoscere all' Agenzia Immobiliare Great Estate lmmobiliare s.r.l. la provvigione del
3% + IVA sul prezzo di compravendita mentre la parte venditrice si impegna a
2
riconoscere all' Agenzia Immobiliare Great Estate Immobiliare s.r.l la provvigione
concordata nell'incarico di vendita sottoscritto con l'agenzia stessa.
2. LEGGE E GIURISDIZIONE
2.1 Questo accordo e qualsiasi reclami o dispute derivanti da o in connessione di questo
accordo sono regolati dalla legislazione Italiana.
2.2 Le parti concordano irrevocabilmente che il tribunale italiano competente ha giurisdizione
per risolvere qualsiasi dispute o reclami derivante da o in connessione con questo accordo.
3. ACCORDO GLOBALE
Questo accordo costituisce l'intero accordo tra le parti e sostituisce qualsiasi accordo,
intesa o precedente accordo verbale o scritto tra di loro, in relazione ai casi che coprono.
Firmato da William Fucilla
Alto Dirigente di Altieri Organic Farming Ltd
Firmato da Mauti Marco
Legale rappresentante della società LA VECCHIA FATTORIA S.R.L
3

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Altieri Organic Farming Ltd Prospectus Part 1

  • 1. Altieri Organic Farming Ltd. Company Registration. No. 09412546 Registered Office. Airport House, Purley Way, Croydon, Surrey, CR0 0XZ, UK PROSPECTUS PART 1
  • 2. Prestigious organic agricultural business for sale in Tuscany. Brief Description A unique investment opportunity to purchase a wonderful prestigious organic agricultural and multi purpose business. It includes 5,000 square metres. of agricultural/tourist accommodation buildings, 487 ha. of land which is particularly suitable for the creation of a game hunting reserve and a winery (DOC Morellino and Rosso di Sovana). The latest renewable energy systems have been installed and include: 2 photovoltaic with total capacity of 2 megawatts and 1 biomass cogeneration system with the power of 200 kWe. CURRENT BUSINESS ACTIVITIES: tourist accommodation (of 80 beds) and 2 restaurants which are also open to the wider public (a total of 150 seats). In addition a range of organised ceremonies and events are held in the conference room while there are also equestrian activities (riding school and stables), as well as the production of a high level of renewable energy for all the estate’s equipment and systems and mixed organic agricultural productivity. POTENTIAL BUSINESS ACTIVITIES: a winery business, beef cattle breeding, meat processing, the creation of a 9 hole golf course and driving range, extension of the existing tourist holiday TYPE: Agricultural businesses and Wineries REGION: TUSCANY PROVINCE: Grosseto DISTRICT: Grosseto BUILDING SURFACE: 5000 mq LAND SURFACE: 487 ha ( 4870000,00 sqm ) ( cod.rsge002452 ) PRICE € 30.000.000,00
  • 3. accommodation with 15 additional rooms, and a very rare opportunity to create a prestigious new spa and luxury resort with the inclusion of an additional 40 suites. The estate, which includes the area’s restocking of game as well as its generously spaced and entirely fenced agricultural land, would lend itself perfectly as a wonderful hunting reserve. This is a particularly interesting investment as its current profitability is guaranteed by the recently installed equipment, making the purchase sustainable for the medium to long term. There is also the potential for developing more interesting business activities as well as the rare opportunity in Tuscany to create a new luxury spa with golf course. Location Maremma Grossetana, historically called Maremma Senese, is in the central part of the Grosseto province along the Tyrrhenian coast that stretches between the Gulf of Follonica and the mouth of the river Chiarone. This flows into the sea south of the Argentario promontory which also includes the lower Valley dell'Ombrone. The Maremma area also extends to the beautiful hilly inland areas such as the Grosseto’s Metallifere, Albegna and Fiora Hills as well as the l’Area del Tufo, up to the Mount Amiata heights. Among the main towns are Grosseto, Follonica, Castiglione della Pescaia, Porto Santo Stefano, Orbetello, Scansano and Massa Marittima. The agricultural business for sale, which extends to almost 500 ha. has been developed over an area with an average altitude of about 300 metres above sea level and is situated between the Monte Argentario and Monte Amiata areas. Its beautiful location, set in the rolling hills surrounded by its own lush green forests, is easily accessible thanks to the property’s numerous and easily accessible road network. The distance from the property to the main places of interest are: Pitigliano 17 km. - Scansano 25 km. - Monte Argentario (Tuscany coast, sea) 40 km. - Lake Bolsena 50 km. - Monte Amiata 50 km. - Grosseto 50 km. - Siena 120 km. - Rome 150 km. - Rome (Leonardo Da Vinci airport) 140 km. - Pisa (Galileo Galilei airport) 220 km. Description This wonderful organic agricultural business for sale in the beautiful Maremma region of Tuscany is energy efficient, includes rustic style buildings, which have been completely renovated over the last 10 years, and covers 3,200 square metres in size. The property also boasts an 80 bed tourist accommodation, conference room and 2 restaurant areas. This is all complemented by beautiful surrounding green parks and 2 swimming pools. In addition there is also outbuildings, agricultural barns/storage areas, stables and a riding school covering a further 1,850 sqm. There are 487 ha of completely fenced in agricultural land. This is subdivided into 300 ha of forest, 175 arable (semi-irrigated), ha. 10 ha of olive groves and 2.7 ha of vineyards. The agricultural estate is in a DOC Morellino and Rosso di Sovana wine area and, thanks to the presence of arable land, which is
  • 4. particularly good due to its quality, altitude and exposure, would lend itself perfectly to the creation of a possible winery business and cellar. It would also be possible to integrate a cattle breeding and respective meat processing business. In recent years, 2011 and 2012, the property has been equipped with substantial technical systems to reduce emissions and maximize energy savings. This prestigious estate for sale includes 2 photovoltaic (3rd and 4th energy incentive account) systems with a total capacity of 2 MW. The corresponding GSE incentives are equal to €0.317-€0.263 per kWh and €0.09 per kWh for the purposes of energy resale. There is also a cogeneration biomass plant with a current output of 200 kWe with an inclusive tariff incentive of €0.28 per kWh produced. The renewable energy company has already prepared for the installation of 3 geothermal and 2 solar thermal systems for use in some of the buildings listed above for use in the tourist accommodation. CURRENT BUSINESS ACTIVITIES: tourist accommodation (of 80 beds) and 2 restaurants which are also open to the wider public (a total of 150 seats). In addition a range of organised ceremonies and events are held in the conference room while there are also equestrian activities (riding school and stables), as well as the production of a high level of renewable energy for all the estate’s equipment and systems and mixed organic agricultural productivity. POTENTIAL BUSINESS ACTIVITIES: a winery business, beef cattle breeding, meat processing, the creation of a 9 hole golf course and driving range, extension of the existing tourist holiday accommodation with 15 additional rooms and a rare opportunity to create a new prestigious luxury spa resort (2 thermal pools have already been installed with a water temperature of 34° and a 50 litre/per second capacity) with the inclusion of an additional 40 suites. The relevant planning permission is currently in its final stage of approval and thereafter work could begin immediately after the estate’s purchase. The estate, including the area’s restocking of game and its generously spaced and entirely fenced agricultural land, would lend itself perfectly as a wonderful hunting reserve. The sustainability of the proposed investment can be seen by its current profitability which is very attractive in terms of numbers and acts as a cushion to the financial commitment of the estate’s purchase. This agricultural business which has been offered for sale does not include furniture, machinery, equipment or company vehicles, but these goods can still be included with an agreed price to be negotiated separately. State of repair Information is available on expression of interest. Utilities Information is available on expression of interest. Land registry details
  • 5. Information is available on expression of interest. Ownership Details/Contractual Obligations Information is available on expression of interest. Potential Land Use Information is available on expression of interest. Roberto Biggera International Sales Co-ordinator Gruppo Immobiliare Great Estate & Chesterton Extension:+39 0578 1900529|Mobile: +39 335 271235 | skype: roberto.biggera Sede di San Casciano dei Bagni, fraz. Palazzone (Siena), Via Piana 15 Phone +39 0578 59050 | Fax +39 0578 850004 E-mail: roberto.biggera@greatestate.it WebSite: www.greatestate.it
  • 6. "CLUB HOUSE" CASALE "LE FABBRE" FATTORIA PIANETTI CASA DI CACCIA frutteto nuova piantumazione uliveto macchia boschiva vigneto erba seminativo laghetti artificiali corsi d'acqua ANNESSO "LE FABBRE" CASALE "FONTE CANNELLA" ANNESSO "FONTE CANNELLA" visione generale visione generale aerea CASALE"LEFABBRE" visione generale fronte sudvisione generale ANNESSO"LEFABBRE" "CLUBHOUSE" visione generale visione generale visione generale aerea visione generale aerea CASADICACCIACASALE"FONTECANNELLA"ANNESSO"FONTECANNELLA" FABBRICATO PER RICOVERO EQUINI visione generale FABBRICATOPERRICOVEROEQUINI FABBRICATO ADIBITO A FIENILE CON ANNESSO IMPIANTO A BIOMASSE visione generale FABBRICATOADIBITOA FIENILECONANNESSO IMPIANTOABIOMASSE
  • 7. THE ‘FATTORIA PIANETTI’ AGRICULTURAL ESTATE-TECHNICAL AND FINANCIAL REPORT The ‘Fattoria Pianetti’ prestigious agricultural estate covers 500 hectares of agricultural land and includes 5,000 square metres of buildings of which 3,200 square metres is an 'agriturismo' holiday rental business and 1,800 square metres is for agricultural use. The ‘Fattoria Pianetti’ agricultural estate, one of the last large private agricultural estates, has remained unchanged over time in terms of the integrity of its land while considerable restoration work carried out in the first decade of the 2000s has added considerable value to this estate. The estate is located in the beautiful Tuscan region in the prestigious Maremma area within the municipality of Manciano, directly adjacent to the prestigious Terme di Saturnia (natural hot springs). The location of the property is stunning. Situated in a gentle hillside location with an average altitude of 300 metres it is surrounded by lush green forests that are estate owned. Within the estate there is the ‘The Pianetti’ municipal road which links to the local ‘Follonata’ road as well as the provincial road ss 74. “The Pianetti” road connects to a network of small country roads that allows for year round easy access to all the remarkable buildings of the property and wider estate. The distance from the estate to the main points of interest are as follows: Saturnia (2 km.), Manciano (6.8 km.), Pitigliano (17 km.), Scansano (25 km.), Monte Argentario - Tuscan coast and sea - (40 km .), Lake Bolsena (50 km.), Monte Amiata (50 km.), Grosseto (50 km.), Siena (120 km.), Rome (150 km.) Rome Leonardo Da Vinci Airport (140 km.) - Pisa Galileo Galilei Airport (220 km.). THE AGRICULTURAL BUSINESS The agricultural business covers an area of 487 hectares and is categorized as follows:  Arable land: approximately 175 hectares  Forest: approximately 300 hectares of which 20 hectares are high forest trees and 280 hectares of managed coppice woodland;  Olive grove: around 10 hectares of approximately 1,000 olive trees;  Vineyard: approximately 2.7 hectares with quality Sangiovese and Merlot grapes. The ‘Fattoria Pianetti’ agricultural estate is a multi functional farming business that has been recognized as an organic farm since 2003. The agricultural business is currently focused on the following areas; the cultivation of cereals and herbs with the main purpose being self-producing and self sufficient cattle feed. This then optimizes the efficiency of the cattle breeding business (Maremmana breed) and pigs (mainly the Cinta Senese breed). The breeding business is directly related to meeting the needs, in quantitative terms, of the wider business such as tourism,
  • 8. ceremonies and events. With the recent machinery installation for the conservation and processing of meats this production could be increased for outside resale purposes. All the arable land and managed coppiced forest is completely fenced and in 2009 the entire estate underwent a series of land improvements with, in particular, the construction of barbed wire fences with wooden poles. The land can also be irrigated thanks to the presence of 2 wells and a series of underground pipes. There are two large farming sheds (‘Pastorello’ and ‘Porronaia’) covering a total area of 5,500 square metres that can be used for storing goods and agricultural equipment. Within a dedicated area there is also another agricultural and animal buildings complex represented on the plan as building lot "stables for horses and cattle shed". This consists of 1 barn/cattle shed (720 sqm), 1 iron framed and buffered wood stable (290 sqm.), a covered pen (315 sqm.) and six wooden fenced paddocks (110 sqm). This dedicated area means that all equine related activities are well integrated and include horse riding lessons, horse riding and mini trekking within the estate, training and dressage as well as a horse livery service. TOURISM BUSINESS Within the estate there are 4 distinct areas dedicated to the tourism business. The accommodation facilities have a total of 80 bed spaces and there are 2 restaurants which are also open to the general public. Taken together this covers an area of 3,273 sqm, and has lush tree lined green surroundings which boast 2 swimming pools. PLOT 1 – FARMHOUSE + “LE FABBRE”ANNEX (658 sqm + 430 sqm) "Le Fabbre" farmhouse dates back to 1500’s and the site was once a convent and later an iron works. It stands on top of a hill surrounded by olive groves among the glorious Maremma landscape. The period farmhouse is home to the main reception for the estate, 2 guest communal rooms, 20 bed places, a spacious restaurant situated on a sunny veranda and its kitchen. Located approximately 10 metres from the main farmhouse, is a beautiful 'Le Fabbre' annex. Here there are 3 spacious suites (living room with fireplace, double bedroom, bathroom with Jacuzzi bath). There are a total of 12 bed places together with large terrace spaces on both the north and south side of the building. Downstairs are the storerooms and building services. Within the ‘Le Fabbre’ farmhouse, there is also a separate apartment used as a caretaker’s residence. The beautiful green park surrounding the buildings includes a swimming pool of approximately 100 sqm. which is a splendid setting for this first plot.
  • 9. PLOT 2 – FARMHOUSE +’FONTE CANNELLA’ CONFERENCE ROOM This is a typical Tuscan farmhouse with characteristic proportions over two floors. Externally it is has walls made of local stone and travertine while internally there is a typical large dining room punctuated by two large arches in travertine and a travertine staircase connecting the floors. This has 6 bedrooms (total 18 bed places) with en-suite bathrooms, an impressive entrance hall with a corner bar, a large living room with fireplace and relaxing area, a breakfast room as well as a fitted kitchen. The farmhouse boasts 10 wall paintings in its interior by the renowned artist Camilian Demetrescu. These are unique works that almost transforms the property into an art museum. Just a few metres from this historic "Fonte Cannella" farmhouse and on slightly higher ground (approximately 2 metres) there is a conference room. This is newly built on one level and is the ideal location to host conferences, seminars and events. The beautiful green park surrounding the buildings, including a swimming pool of approximately 100 sqm., which is a splendid setting for this first plot. PLOT 3 – “CASA DI CACCIA” FARMHOUSE (395 mq.) Located only a few hundred metres from the Fonte Cannella complex, is this large and spacious restaurant which has been designed and created to accommodate the paying guests from the wider "Fattoria Pianetti" holiday rental business. It has been designed and built in accordance with the best in traditional Tuscan architectural style. The complex has a spacious restaurant dining room for lunches, dinners or banquets, a fully equipped kitchen, a staff changing room, 2 food and drink stores and a caretaker’s apartment. It is surrounded by a vast lawn area bordered by a hedge and also two designated areas for car parking. PLOT 4 - “CLUB HOUSE” (1,067 sqm. + 387 sqm of terraces) The 'Club House' is another important building on the ‘Fattoria Pianetti’ estate which offers guests a very generous space. Within the building there are a total of 11 apartments each with a kitchen-living room, bathroom and bedroom with a total of 30 bed places. Spacious terraces and balconies complement the apartments and guarantee guests’ beautiful views of the surrounding countryside. The recently built complex is also surrounded by newly landscaped green spaces and car parks.
  • 10. RENEWABLE ENERGY BUSINESS The "Fattoria Pianetti" agricultural estate has invested heavily, in terms of technical facilities, to reduce its carbon footprint and maximize its energy savings. More specifically, the estate has equipped its tourist facilities and buildings with 3 geothermal plants and 2 solar thermal systems to provide an adequate and controlled energy supply. These systems are best represented by 2 solar photovoltaic (PV) systems and 1 biomass plant as illustrated below: PHOTOVOLTAIC (PV) In 2011 2 ground photovoltaic (PV) systems were installed with a capacity of 1 mw (megawatt) each giving a total capacity of 2 mw. This was used to support the energy requirements of the agricultural business on the estate which also affords numerous benefits in terms of taxation and agricultural income. Below is a more in depth analysis of the two Photovoltaic (PV) systems:  Plant 1–this has benefited from the third feed in scheme. This Italian scheme is a programme which grants incentives for electricity generated by photovoltaic (PV) systems connected to the grid. The tariff is based on the electricity produced and is granted over a period of 20 years. This plant, therefore, has benefited by providing an income equal to € 0.317 per kWh with regards the GSE contribution (Gestore Servici Energetica, National Grid) due on 25.04.2031 and € 0.09 per kWh produced regarding the sale of energy. Considering the first year of production was 2012 (first year of the scheme), the total annual cash flows from the photovoltaic PV Plant 1 amounted to €569,800.00.  ‘POGGIO MACINA’ PLANT–this has benefited from the fourth feed in scheme and provides an income equal to € 0.263 per kWh as regards the GSE contribution due on 04.08.2031 and € 0.09 per kWh produced regarding the sale of energy. Considering the first year of production was 2013 (first year of the scheme), the total annual cash flows from the photovoltaic PV ‘Poggio Macina’ Plant amounted to € 475,299.00. COMBINED BIOMASS GENERATOR The "Fattoria Pianetti" estate has recently integrated an important agro-energy source. Agro- energy consists of a series of steps which allows raw material of vegetable or animal origin, “biomass", to meet the energy needs of one or more users. These stages involve three essential steps: the retrieval of the biomass, its transformation into vector energy (biofuel) and its use within a system for energy conversion. Biomass is the starting point of the biomass-energy chain and the design of energy systems for the production of simultaneous heat and power (CHP, Combined Heat and Power)) in renewable
  • 11. sources. Unlike fossil fuels, biomass is not evenly distributed across an area so is not continuously available throughout the year. A CHP system of renewable sources can therefore only be used through a combination of heat demand and biomass availability. In this context the "Fattoria Pianetti" estate can count on a triple benefit:  Availability of wood biomass due to its approximate 300 hectares of forest, of which a large part is managed woodland (about 280 ha.). This can then easily meet the demand for raw material for a combined plant by about 200 kWe. This then links the production of energy from renewable sources, through the construction of a biomass plant with the agricultural-forestry production capacity of around 200 kWe, to the needs of the agricultural business.  Being under the PTC (Piano Territoriale di Coordinamento, local planning area) of the Province of Grosseto production from renewable biomass related to agricultural business scheme, can bring benefits of at least 80% of the raw material which is derived directly from the business. The Fattoria Pianetti estate fully meets this requirement so qualifies for tax relief on agricultural income which brings huge benefits in terms of liquidity for the business itself.  The plant actually produces excess thermal energy and the "Fattoria Pianetti" estate intends to use this potential by providing power to the 'Le Fabbre' annex. Arrangements fro a local power line has already been made and the hope is that the thermal energy produced could be used to heat all the tourist buildings including the swimming pool. This would then produce a considerable budget saving both in terms of heating supply and savings on the cost of oil that is currently used to power the existing heat pumps. INCENTIVES - The biomass plants have an incentive component which relates to the sale of electricity and the current rate is equal to € 0.28 per kWh over a period of 20 years. Given the productivity of the combined biomass plant on the estate which is approximately 8000 hours per year the annual cash flows arising from that plant are equal to approximately €420.000, 00. The expiry date of the national grid (GSE) contributions related to the combined biomass plant installed on the premises is 2035. THE ESTATE’S POTENTIAL OPPORTUNITIES The prestigious "Fattoria Pianetti" agricultural estate, thanks to its layout and generous availability of agricultural land and space, could allow for the seamless integration of the following business: SPA RESORT: Within the "Fattoria Pianetti’ estate there is a very rare planning opportunity to create a spa with 2 thermal wells that were installed following targeted technical searches for
  • 12. thermal water. These can supply about 50 litres of water per second at a temperature of 34°. The estate has already obtained a certificate of recognition from the Ministry of Health and Welfare under its 'Pure Mineral Water' scheme. In the structural plan for the district of Manciano provision has also been made for the creation on the "Fattoria Pianetti" estate of a prestigious countryhouse resort which will create an additional 40 suites. This project proposal is currently in its final stage of approval and once approved work can then immediately begin. GOLF CLUB: The Territorial Coordination Plan (PTC), or local plan, has identified the estates potential to create a 9 hole golf course as well as a driving range. This could all be carried out through an extension of around 50 hectares. For this start-up project the business has already obtained a resolution from the council for the construction of a 9 hole course. HUNTING RESERVE: Within the estate, owning a generous 300 hectares of closed and fenced forests, could allow for the creation of a wonderful private hunting reserve. With roads and trails already present on the property this could create a valuable income source for the tourist holiday rental business during the winter months that are traditionally dedicated to hunting. This could allow for a longer tourist season in the low season. WINE PRODUCTION: Coming within the DOC Morellino and Rosso di Sovana zone, the estate would lend itself perfectly to an integrated winemaking business. With the minimal production already in place, a new winery could be created alongside the planting of new vines in the estate’s optimal arable land in terms of altitude, exposure and soil quality. ADDITIONAL CATTLE BREEDING: the estate’s agricultural land has been completely fenced which could allow for extra cattle and pigs. ADDITIONAL ACCOMMODATION: The company now has the opportunity through the approval of a special P.M.A.A. (plan to improve the agricultural environment) to build an extension to the 'Fabbre' tourist business complex. This will create an additional 13 new bedrooms, a new restaurant/dining room and kitchen. ADDITIONAL COMBINED BIOMASS GENERATOR CAPACITY: The Company has almost completed the installation of a combined heat and power biomass 200 kw generator. Again, as part of P.M.A.A. Initiative, the company has the opportunity to install an additional combined heat and power biomass 100 kw generator. (The 300 kw total represents the maximum capacity of biomass generated within the company owned forests). COMPANY ACCOUNTS FOR THE 'FATTORIA PIANETTI' AGRICUTURAL ESTATE AND THE CONDITIONS OF SALE Summarized below are some current company management accounts. This will allow for a more thorough assessment of the possible estate’s purchase and, therefore, the sustainability of that investment.
  • 13. The estate’s tourist business averages around 120 days per year with the tourist season running between February and December. Average prices range from €80.00 per night during the low season up to €200.00 per night during the high season. Clients are both national and international and generally come from the following countries: Norway, Germany, Holland, United Kingdom and France. Bookings are handled by a network of agencies as well as Norwegian and German tour operators. Reception ceremonies and banquets-The year 2013 saw brisk business with a total of 30 ceremonies taking place. For this type of business, the estate is able to offer not only the hiring of the premises and outdoor areas (average price for the ceremony: €3,000.00) but also to combine these events with catering and overnight stays for guests. Restaurant- The restaurant will be open to guests of the estate and the wider general public during the months of April to October 2015. Stable business– opens all year round. Although they do not generate great returns, they are a valuable 'bolt on' activity for other business activities of the estate, particularly tourism, as well as regulars on the estate who make use of the stabling facilities for their own horses. The "Fattoria Pianetti" agricultural estate employs full time, part time and occasional staff to manage the estate as follows: 4 employees for the management of the agricultural business; 4 employees for the management of the agritourism holiday rental business; 4/6 employees who are recruited on a seasonal basis during the high season. The following summary table is the proposed budget for 2015. This is drawn from the financial results and reported average annual returns for the years 2012 and 2013 (data found in the financial returns of the company) plus estimated results relating to the new business activities not included in the current reporting structure ("Club House" complex plus the combined heating and power Biomass unit) as follows: Provisional budget for 2015 with additional potential income Historic Cumulative Figure Additional Cumulative Figure Cumulative Total YEAR 2015 2015 2015 Statement of Income Revenue from Sales and Services 1.590.590 684.232 2.274.822 Invoices 2013/2014 160.500 160.500 Surplus from work in progress and finished products/works 78.500 78.500 Other revenue and income A)Production Costs 1.829.590 684.232 2.513.822
  • 14. Purchase of raw materials and goods 92.850 116.434 209.284 Purchase of services and other operating costs 128.662 128.662 Cost variation in raw materials and goods Rental costs and lease fees 1.841 1.841 Staff costs 221.586 35.000 256.586 Remuneration for members of the corporate body 9.999 9.999 Provisions Depreciation 349.918 49.000 398.918 Other operating expenses 3.198 3.198 B) Production Costs 808.053 200.434 1.008.487 Net Operating Costs(A-B) 1.021.538 483.798 1.505.336 Financial Income Interest and other financial charges -375.543 -48.000 -423.543 (C) Financial Income and expenses -375.543 -48.000 -423.543 Surplus before tax (A+B+C=D) 645.995 435.798 1.081.793 Income tax for the year 34.517 34.517 Profit (loss) for the period 611.478 435.798 1.047.276 The asking price for the Fattoria Pianetti estate is €30,000,000.00. It will be sold 'open gates' which is an Italian agricultural term that covers the sale of the land and buildings only. For this reason the sale does not include the furniture, equipment, vehicles and machinery. This would then be termed a 'closed gate' sale. These goods can still be included in the sale through independent negotiations, following verification of a proper inventory. In light of the economic data outlined in the official financial statements we can therefore say that the acquisition of this estate is an investment that is certainly sustainable in the short and medium term. This is especially the case in view of the substantial economic income that is guaranteed by the eco energy plants that have been installed for the purposes of renewable energy production. The results and figures are certainly interesting for any future entrepreneur who, post purchase, could integrate the company through the development of other potential businesses such as the creation of a luxury spa resort with a golf club, hunting reserve and quality wine production. The "Fattoria Pianetti" agricultural estate is currently registered as an Article 2 Limited Liability Agricultural Company and therefore the sale of the property/agricultural business will be with a deed of sale of the entire company shareholding alongside all the assets and liabilities of the company including mortgages and loans. This will affect the selling price to approximately 40%. Specifically, with regards to the debt, the assumption is that the debt figure will be updated at the time of sale and will be deducted from the final price. The mortgages, paid in installments on a regular basis, total €1,000,000.00 (interest + capital) annually which then absorbs
  • 15. approximately 50% of the net income per year (historic cumulative + potential cumulative) as indicated above. We firmly believe, therefore, that the "Fattoria Pianetti" agricultural estate represents a very rare opportunity to invest in a Tuscan multi functional agricultural company with enormous potential for further development. Being profitable at the current time also means that it will be sustainable during periods of longer term project and business development in the wonderful region of Tuscany, one of the most beautiful and famous areas in the world.
  • 17. Farmhouses- Fonte Cannella & Hunting House Hunting House
  • 20. 1 Oggetto: Proposta di Acquisto Questo accordo è valido tra Altieri Organic Farming Ltd e Fattoria Pianetti – Società Agricola A R.L. and Poggio Macina A R.L. Data: 19 Febbraio 2015 PARTI: (1) Altieri Organic Farming Ltd (denominato Altieri Ltd in questo documento). Sede Legale: Airport House, Purley Way, Croydon, Surrey, CR0 0XZ, UK. Numero Aziendale: 09412546 rappresentata da William Fucilla nato a Croydon, Inghilterra, il 17/09/1987 e residente in Inghilterra (allegare passaporto) e (2) Le Società: Fattoria Pianetti A R.L. con sede legale in Manciano (GR) loc.Casale Le Fabbre snc, P.IVA 01237880537 – Codice fiscale e n. d’iscrizione 01375230560 Poggio Macina – Società agricola A R.L. con sede legale in Manciano (GR), Loc.le Fabbre snc, Codice fiscale e P.IVA: 01474790530 (denominato venditore o parte venditrice in questo documento) proprietaria/o/i dell’immobile denominato Fattoria Pioanetti ubicato in Manciano - Grosseto con codice agenzia RSGE2452 del quale è stata presa visione via Internet tramite l’Agenzia Immobiliare Great Estate s.r.l. 1. OGGETTO DEL CONTRATTO Questo accordo tra le parti contraenti è irrevocabile. Le parti convengono quanto segue: 1.1 Altieri Ltd acquisirà l’immobile denominato Fattoria Pianetti ubicato in Comune di Manciano (GR), codice Agenzia RSGE2452 da Fattoria Pianetti A R.L. e Poggio Macina
  • 21. 2 Società Agricola A R.L. al prezzo di € 30.000.000 (Trenta Milioni di Euro) che sarà soggetto al buon esito della due diligence che sarà effettuata sull’immobile da parte di professionisti incaricati dalla parte acquirente ed i cui costi saranno sostenuti da quest’ultima, entro un termine di 90 giorni dall’accettazione della presente. La due diligence consisterà in una relazione tecnico-finanziaria dell’immobile al fine di individuarne l’effettivo valore di vendita e la parte acquirente si riserva la possibilità di valutarne l’esito a suo insindacabile giudizio prima di procedere eventualmente con l’impegno definitivo per l’acquisto. Se al termine della due diligence verrà riscontrato un valore inferiore a quello pattuito nel presente accordo, se il venditore sarà d’accordo, le parti si impegnano reciprocamente a rinegoziare il prezzo di vendita sopra pattuito tramite la sottoscrizione di un preliminare di compravendita, che annullerà gli effetti di qualsiasi accordo preso in precedenza. 1.2 Dopo la firma del presente accordo il venditore fornirà a Altieri Ltd tutta la documentazione necessaria per completare la due diligence, incluso ma non limitato a; gli ultimi 3 anni dei bilanci dell’azienda, tutte le relazioni tecniche e finanziarie disponibili, relazioni circa lo stato e la condizione della proprietà se disponibili. 1.3 Dopo la firma del presente accordo, Altieri Ltd fornirà la prova di fondi al venditore, per completare l'acquisto dell’immobile, che seguirà, nel caso che la due diligence sia completata con successo. 1.4 L'accordo scadrà il 19 maggio 2015. 1.5 Se Altieri Ltd sceglierà di non procedere con l'acquisizione al termine della due diligence, o nel caso in cui scadranno i 3 mesi di condizione sospensiva legati alla due diligence stessa, questo accordo sarà automaticamente nullo. 1.6 Altieri Ltd e il venditore garantiscono che la documentazione ed informazioni che vengono divulgate alle rispettive parti, saranno strettamente confidenziali, e le informazioni non saranno divulgate o e comunicati a terzi, con l'eccezione dei partner o altre parti che parteciperanno all’acquisto. 1.7 Dopo aver completato con successo il processo di due diligence, le parti firmeranno un accordo definitivo per completare ufficialmente l'acquisizione, tramite la firma di un contratto preliminare di compravendita o direttamente tramite Atto notarile da stipulare presso Notaio Italiano scelto dalla parte acquirente, il tutto entro e non oltre il 30/05/2015. 1.8 Al momento della sottoscrizione dell’accordo definitivo tra le parti (sottoscrizione preliminare di compravendita o del rogito notarile), la parte acquirente si impegna a riconoscere all’Agenzia Immobiliare Great Estate Immobiliare s.r.l. la provvigione del 3% + IVA sul prezzo di compravendita mentre la parte venditrice si impegna a riconoscere all’Agenzia Great Estate Immobiliare s.r.l. la provvigione concordata nell’incarico di vendita sottoscritto con l’agenzia stessa.
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  • 23. Property Standard assignment STRUTTURA RICETTIVA VITIVINICOLA DI PRESTIGIO IN UMBRIA sul confine TOSCANO" LA STRADA DEL VINO" Brief Description Agricultural businesses and Wineries. Farm, cottages and restaurant + tasting room and wine cellar complete and running with wine production and labeled organic oil exported worldwide. Placed in a wonderful position between Umbria and Tuscany with fertile land and productive. The land is 85 acres of which 20 of vineyards with the opportunity to plant more vines (other 5/10 hectares), with over 1,500 olive trees biological and 50 acres of woodland. The sunny location and well exposed, offers a wonderful vista.Possibilità expansion with purchase land and houses nearby. Energ Class and ipe underway Location The farm-winery is located in the heart of Italy, on the border between Umbria and Tuscany, halfway between Rome and Florence, in the famous Chianti area / Orvieto. The company produces wine and is located on the crest of a hill. The eye passes over the vineyards and, in a continuous succession of TYPE: Agricultural businesses and Wineries REGION: UMBRIA PROVINCE: Terni DISTRICT: Ficulle BUILDING SURFACE: 2150 mq LAND SURFACE: 85 ha ( 850000,00 sqm ) ( cod.rsge001761 ) Price On Application
  • 24. perspectives, meets near Castello della Sala, Orvieto, the Cimini, Cetona and Amiata beyond the valley. In the background the profile of Tuscany overlooking the valley of the Chiani and Chianti. The path of roses at the end of the rows of vines marks the road through the estate, which from the cottage and garden, leading to the cellar and restaurant. Here, you can taste our wines and enjoy a great meal in the charming restaurant "Locanda" and then stay and relax in rooms features. The facility is located 2 km away from the city center, with all services. Nearby, Orvieto, Città della Pieve, Cetona and other beautiful local towns. Easily accessible, Assisi, Rome, Pisa, Siena and Florence, with its airport are approximately 1 hour and 30 minutes. Due to its strategic position of the country with traditions, architecture and wine, is particularly sought after by tourists who love nature and tranquility, customers, art lovers, for wine and gastronomy. Description Agricultural businesses and Wineries. Company / Farmhouse with outbuildings and cellar, with a total area and total of 2145. The total area of the buildings of the facility so it is of 2145 square meters, consists of a guest house of 250 sqm with living room, kitchen 4 bedrooms and 3 bathrooms + outbuilding of 30 sqm. with kitchenette, bedroom and bathroom. A restaurant of 190 square meters with kitchen and outdoor area with porch and gazebo. Apartment above 105 sqm. with 2 bedrooms - dressing room - bathroom living room and small kitchen. 1550 square meters of working winery for processing, bottling-labeling and wine aging in oak barrels with French winemakers and fullers-steel tanks at controlled temperature of new generation with modern and functional facility capable of combining traditions and new technologies .. Closed-remittance agricultural machines and equipment for more than 200 square meters in the service of the company. And 'situated in a splendid position between Umbria and Tuscany. The land is 85 hectares: 20 screws with the possibility of implanting more vineyard (up to a further 5/10 hectares). Oliveto production with over 1,500 olive trees biological and 50 acres of woodland. The location offers a beautiful location, exposure and magnificent views. The new winery, which maintains its traditional rural architecture with exterior walls made of local stone, has been designed, engineered and built to become a modern and functional, where traditions and contemporary technology meet. The Vineyards Quality local Umbrian and Tuscan screws (Montepulciano and Sangiovese) alternating with large international varieties (Merlot and Cabernet). Each vineyard has its own character, its peculiar note: soil, exposure, height, presence of trees, ventilation, however, the essential features of the environment are unchanged. The farming system is cordon, with a density of 5,400 vines per hectare. The wines are the result of a project viticulture exciting, aimed at enhancing the vines and their territory by combining red grapes exceptional national and international. The production is of the highest quality standards and guarantee continued commitment to work in harmony with each screw on the estate. The result is three excellent wines rated critically acclaimed Italian and international: The Wine Advocate - Robert Parker 91/100; Veronelli 93/100. The winery produces and bottles exceptional types of wine: Fragrant wines with grapes growing on the top of the hill, the result of art and craftsmanship made by mixing fine grapes "red Montepulciano" grapes "Merlot". Fine wines from grapes that come from large estate oak, with a centuries-old vineyard where "Merlot, Cabernet Sauvignon and Cabernet Franc" find an ideal habitat. Wines "Rose" delicate and imaginative in addition to new blends and flavors of a wine collection created for a young, stylish, avant-garde, turned
  • 25. to new generations. Buildings and residences Casale to use receptive Pool + house that can accommodate a total of 25 people. All located in the heart of the company and on the highest part of the hill, and the estate is nestled in the picturesque forest of oaks and is surrounded by vineyards. Above the restaurant accommodation with Apt. From the edge of the pool, you can enjoy the stunning views stretching over vineyards, Castle Hall across wide Paglia river valley to climb the picturesque tuff cliff of Orvieto. restaurant The restaurant, furnished and equipped stands out for its taste and its excellent cuisine and can accommodate 20 to 60 people sitting inside and the same out on the porch facing the sunset, the square overview of the cellar, near the restaurant is the perfect place for a great party, parties and events such as the Ferrari meeting, vintage cars, organic flavors etc ... Interesting investment, thanks to its goodwill and the ability to expand with the purchase of other houses to be restored and land on the border and / or non-border but still nearby. State of repair The structure with a basement and houses have been renovated or newly built. All buildings are in perfect condition. The original features and typical of the area, have been preserved; exterior facades in stone, terracotta floors and wooden beams. The buildings were constructed in compliance with zoning regulations and health rules. Utilities The property is a structure that has all the facilities and utilities connected and connected to the telephone lines and the Internet. Water systems and heating systems have been installed in accordance with local safety regulations. The water comes from a natural spring on the property. The property is fully served and can be inhabited immediately with farm and company functioning and active. Land registry details Accommodation completely regular with permits and licenses, the property is officially registered on the "New Cadastre" of the municipality itself. Ownership Details/Contractual Obligations Agricultural businesses and Wineries. The company and the entire property is on behalf of a company and taxation is subject to VAT which will be calculated in accordance with applicable laws. Potential Land Use This beautiful residence-country estate with winery, vineyard, business accommodation, and organic farm, has great potential. Its strategic location and convenient is ideal to be used to produce wines in the world and to know and make known and visiting the major towns of Umbria, Lazio and Tuscany. The large size of the company, makes it interesting its agricultural production with current and future possible increases and expansions. The apartments of the accommodation can easily be rented as a holiday home
  • 26. AZIENDA 1 LE VIGNE ESTERNO 1 ESTERNO 2 CASALE CASALE 1 because everything is in an area that has significant interest from Italian and international tourists. A wonderful farm-farm with its production of fine wines, is an interesting business not to be missed.
  • 27. RISTORANTE CANTINA PISCINA VIGNE ROSSE TERRAZZA CANTINA
  • 29. EVENTI AUTUNNO PISCINA 1 PISCINA INTERA PROPERTY STANDARD ASSIGNMENT On this type of property, for several reasons ( impossibility of correct verificationcaused from privacy request of the seller, impossibility to acquire documentation or other) our agency is not responding directly of every datas and/or informations shown, becausewe cannot do any type of exact verification so all responsabilities are completely on seller charge.
  • 30. Roberto Biggera International Sales Co-ordinator Gruppo Immobiliare Great Estate & Chesterton Extension:+39 0578 1900529|Mobile: +39 335 271235 | skype: roberto.biggera Sede di San Casciano dei Bagni, fraz. Palazzone (Siena), Via Piana 15 Phone +39 0578 59050 | Fax +39 0578 850004 E-mail: roberto.biggera@greatestate.it WebSite: www.greatestate.it
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  • 34. STRUTTURE RICETTIVE IN VENDITA "AGRITURISMO IL BEL TRAMONTO" Brief Description Touristic businesses and hotels lazio. Situated only a half an hour from Rome, Bolsena Lake, and a few minutes from one of the most beautiful cities in all of Umbria and Tuscany, a stunning country farm tourist rental (agriturismo biologico) property, which is currently open for business and running successfully, which measures approximately 2000 sq mts. The property has individual rooms and apartments, a restaurant with its own kitchen and other fully equipped rooms. There is a large swimming pool with showers which measures 20m x 12m, changing rooms and a terrace with beautiful views of the surrounding area. There is a Beauty farm which is currently under construction and approved planning permission for an agricultural construction which measures approximately 770 sq mts. The property also includes land which measures approximately 13 hectares, totally cultivated with organic production and a small lake. The property has marvellous panoramic views over the surrounding countryside. European Energy Classification "G" IPE: > 175.00kWh/mq a. Location Farm organic farm in lazio. The property has a perfect position, it is situated on the asphalt road which TYPE: Touristic Businesses and Hotels REGION: LAZIO PROVINCE: Viterbo DISTRICT: Orte BUILDING SURFACE: 1700 mq LAND SURFACE: 13 ha ( 130000,00 sqm ) ( cod.psge000824 ) PRICE € 2.900.000,00
  • 35. links Orte to Amelia. Touristic businesses and hotels for sale /to buy. The only white road is the one which runs through the property itself, winding in between the various annexes, the gardens and the land of the working farm. In less than 30 minutes by car you can reach all of the largest and most interesting tourist destinations of the area, such as, Bolsena Lake, Orvieto, Viterbo, Todi and obviously the most important, beautiful Rome. In an hour’s drive you will reach the main centres of Tuscany. It is only two hour’s drive to Montalcino, Siena and Florence. It has a wonderful location, amongst the hillsides but at the same time close to the station and the A1 motorway exit at Orte, which is only approximately 5 kms away. The Fiumicino airport is approximately 40/50 minutes drive. Description Touristic businesses and hotels for sale /to buy In a stunning location on the edge of the road which links Orte to the picturesque village of Amelia. It is a beautiful farmhouse property, fully air conditioned, complete with quality furnishings, currently open for business as a tourist rental agriturismo business., It measures a total of approximately 2000 square meters, and has 8 bedrooms and bathrooms, 7 self contained apartments, a restaurant with more than 200 seats plus 30 seats in the smoking lounge, where you can organize parties and weddings. A spacious kitchen with professional equipment ALPENINOX, a pantry, a cellar, several stores and other fully equipped rooms . A large 20mx12m swimming pool with showers and changing rooms is situated in a garden along with a huge panoramic terrace with tables, gazebos and garden furniture. A Beauty farm is currently under construction and there is an approved project for 770 sq mts of agricultural buildings. The property also includes13 hectares of land, all cultivated with organic production including: olive groves, vineyards, animal fodder, vegetables, berries- blackberries and currants. It has animal shelters, a pond and woods. It is situated on a hill, and is easily visible from the main road . It has marvellous views of the beautiful surrounding countryside, including picturesque villages and rolling green hills. Net surface :(1700|”) Rooms :(30|”) Bathrooms: (20|”) Bedrooms:(16|”) State of repair Farm organic farm. Renovated and furnished with taste in a style typical of the area, using reclaimed materials and that blend with modern day comforts. The main structure is partly plastered with some of the original stone left on view, it has also been reinforced with concrete poles to ensure optimal stability. Externally it is partly rendered and other parts have been left with the stone exposed. Particular care has been taken with the architectural details, the terraces, balconies and porches have beautiful artistic effects which creates a certain charm to the entire property. Internally there are some stunning large arches and windows and some incredible original fireplaces. The reinforced ceilings are mostly painted , but in the lounge and restaurant they have exposed wooden beams, there are a mixture of marble floors, single-fired brick floors and terracotta tiled floors. European Energy Classification "G" IPE: > 175.00kWh/mq anno Utilities
  • 36. All the main services are available and are in working order. Prestigious Luxury villas for sale, all systems were renewed a few years ago, and comply with safety standards and are in accordance with current guidelines , including the air-conditioning which was totally replaced..The property has all major utilities that are available in the local area, including mains water and mains electricity from Enel. There is an existing telephone line with ADSL cover. The property has working fireplaces but the heating system uses GPL gas which is subdivided into three separate sectors. Land registry details The property, farm organic farm in, is registered as an urban property with all the required documentation. A small part is in the last stage of completion and soon everything will correlate to the appropriate documents. The main building and the annexes are listed as buildings which were originally built before 1967 and which have been subsequently modified and restored according to and within all the building regulations and planning permissions issued and therefore they completely conform to current guidelines. The land is listed in the NCT of the comune of Orte and the buildings are listed in the NCEU in the same comune. Ownership Details/Contractual Obligations The touristic businesses and hotels is currently owned by a company and therefore it can be purchased through the sale of company shares and thus make significant tax savings. There are no constraints or problems or outstanding debts on the property. Potential Land Use The business was opened in 2004, it is a very interesting property which produces a good income. The Farm organic farm (Agriturismo) is completely finished and is open for business at the moment. It has a spacious garden and land which is partly arable and part olive groves. It has a small vineyard and a production of mixed berry fruits. There are fenced areas with shelters ready to accommodate herds of farm animals. It is an interesting investment with considerable future prospects which can be expanded, thanks to a series of projects approved for approximately 770mq.di agricultural buildings. The property is located in an excellent strategic position approximately 5 km. from the A1 motorway exit at Orte, It is only 30 minutes from Rome, Orvieto and other main towns in the area, on the road leading to nearby Amelia, where visitors to the area often stop to experience the therapeutic benefits of the treatments on offer there.
  • 37. ESTERNO 1 ESTERNO 2 ESTERNO 3 ESTERNO 4 ESTERNO 5 ESTERNO 6
  • 38. INTERNO 1 INTERNO 2 INTERNO 3 INTERNO 4 INTERNO 5 INTERNO 6
  • 39. INTERNO 7 INTERNO 8 PANORAMA 1 PANORAMA 2 PANORAMA 3 PANORAMA 4
  • 40. VISTA DELL'AGRITURISMO DALLA PISCINA VISTA DELL'AGRITURISMO DALL'ALTO
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  • 45. Roberto Biggera International Sales Co-ordinator Gruppo Immobiliare Great Estate & Chesterton Extension:+39 0578 1900529|Mobile: +39 335 271235 | skype: roberto.biggera Sede di San Casciano dei Bagni, fraz. Palazzone (Siena), Via Piana 15 Phone +39 0578 59050 | Fax +39 0578 850004 E-mail: roberto.biggera@greatestate.it WebSite: www.greatestate.it
  • 46. ,1 )'''111(" I~U·llliHg 1_;(1 Oggetto: Proposta di Acquisto Questo accordo è valido tra: Altieri Organic Farrning Ltd e Il Sig. Mauti Marco, legale rappresentante della società "LA VECCHIA FATTORlA S.R.L" Data: 19 Febbraio 2015 PARTI: (1) Altieri Organic Farming Ltd (denominato Altieri Ltd in questo documento). Sede Legale: Airport House, Purley Way, Croydon, Surrey, CRO OXZ, UK. Numero Aziendale: 09412546 rappresentata da William Fucilla nato a Croydon, Inghilterra il 17/09/1987 e residente in Inghilterra (allegare passaporto) e (2) Il Sig. Mauti Marco nato a Veroli (Fr) il 03/05/1980 c.fMTAMRC80E03L780C. e residente in Veroli, via Passeggiata S. Giuseppe 64 il quale interviene a sua volta non in proprio ma in qualità di legale rappresentante della società LA VECCHIA FATTORIA S.R.L. con sede in VEROLI C.F. P.LV.A: 02046640609 1(denominato parte venditrice in questo documento) proprietarialoli dell'immobile denominato "Il Bel Tramonto" con codice "Psge 000824" del quale è stata presa visione via Internet tram1'tel'Agenzia Immobiliare Great Estate s.r.l. 1. OGGETTO DEL CONTRATTO Questo accordo tra le parti contraenti è irrevocabile. Le parti convengono quanto segue: 1.1 Altieri Ltd acquisirà l'immobile denominato "Il Bel Tramonto" codice Psge 000824 dalla società "LA VECCHIA FATTORIA S.R.L" al prezzo di € 2.900.000 (Euro Due milioni 1
  • 47. novecento mila/OO) che sarà soggetto al buon esito della due diligence che sarà effettuata sull'immobile da parte di professionisti incaricati dalla parte acquirente ed i cui costi saranno sostenuti da quest'ultima entro un termine di 90 giorni dall'accettazione della presente. La due diligence consisterà in una relazione tecnico-finanziaria dell'immobile al fine di individuarne l'effettivo valore di vendita e la parte acquirente si riserva la possibilità di valutarne l'esito a suo insindacabile giudizio prima di procedere eventualmente con l'impegno definitivo per l'acquisto Se al termine della due diligence verrà riscontrato un valore inferiore a quello pattuito nel presente accordo, se il venditore sarà d'accordo, le parti si impegnano reciprocamente a rinegoziare il prezzo di vendita sopra pattuito tramite la sottoscrizione di un preliminare di compravendita, che annullerà gli effetti di qualsiasi accordo preso in precedenza. Se la due diligence non avrà esito favorevole per qualsiasi motivazione nessuna delle parti potrà richiedere all'altra o all'agenzia immobiliare nessun tipo di penale, rimborso spese o risarcimento danni. 1.2 Dopo la firma del presente accordo il sig. Mauti Marco, legale rappresentante della società LA VECCHIA FATTORIA S.R.L fornirà a Altieri Ltd tutta la documentazione necessaria per completare la due diligence, incluso ma non limitato a; gli ultimi 3 anni dei bilanci dell'azienda, tutte le relazioni tecniche e finanziarie diponibili, lo stato e la condizione della proprietà se diponibili. -l.3 Dopo la firma del presente accordo, Altieri Ltd fornirà la prova di fondi al Sig. Mauti Marco, legalerappresentantedella società LA VECCHIAFATTORIAS.R.L,per completare l'acquisto dell'immobile, che seguirà, nel caso che la due diligence sia completata con successo. 1.4 L'accordo scadrà il 19 maggio 2015. 1.5 Se Altieri Ltd sceglierà di non procedere con l'acquisizione al termine della due diligence, o nel caso in cui scadranno i 3 mesi di condizione sospensiva.legati alla due diligence stessa, questo accordo sarà automaticamente nullo. 1.6 Altieri Ltd e il Sig. Mauti Marco, legale rappresentante della società LA VECCHIA FATTORIA S.R.L garantiscono che la documentazione ed informazioni che vengono divulgate alle rispettive parti, saranno strettamente confidenziali, e le informazioni non saranno divulgate o e comunicati a terzi, con l'eccezione dei partner o altre parti che "-parteciperanno all' acquisto. 1.7 Dopo aver completato con successo il processo di due diligence, le parti firmeranno un accordodefinitivo per completare ufficialmente l'acquisizione, tramite la firma di un contratto preliminare di compravendita o direttamente tramite Atto notarile da stipulare presso Notaio Italiano scelto dalla parte acquirente, il tutto entro e non oltre il 30/05/2015.I 1.8 Al momento della sottoscrizione dell'accordo definitivo tra le parti (sottoscrizione preliminare di compravendita o del rogito notarile), la parte acquirente si impegna a riconoscere all' Agenzia Immobiliare Great Estate lmmobiliare s.r.l. la provvigione del 3% + IVA sul prezzo di compravendita mentre la parte venditrice si impegna a 2
  • 48. riconoscere all' Agenzia Immobiliare Great Estate Immobiliare s.r.l la provvigione concordata nell'incarico di vendita sottoscritto con l'agenzia stessa. 2. LEGGE E GIURISDIZIONE 2.1 Questo accordo e qualsiasi reclami o dispute derivanti da o in connessione di questo accordo sono regolati dalla legislazione Italiana. 2.2 Le parti concordano irrevocabilmente che il tribunale italiano competente ha giurisdizione per risolvere qualsiasi dispute o reclami derivante da o in connessione con questo accordo. 3. ACCORDO GLOBALE Questo accordo costituisce l'intero accordo tra le parti e sostituisce qualsiasi accordo, intesa o precedente accordo verbale o scritto tra di loro, in relazione ai casi che coprono. Firmato da William Fucilla Alto Dirigente di Altieri Organic Farming Ltd Firmato da Mauti Marco Legale rappresentante della società LA VECCHIA FATTORIA S.R.L 3