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The Vacant Property Specialists
Camelot Live-in Guardian Solution


    Protecting the Property’s Value using

  Caretakers as “eyes & ears” of the owner.
Contents
•Protection by Occupation Explained.

•Process – Building intake and Guardian recruitment.

•Legal Structure.

•Examples of Properties.

•Cost to Owners
Technical Risk
• Water / Leak

• Fire

• Overdue maintenance

• Dilapidation
Economic Risk

      • Sale-ability compromised

      • Planning/ Development

      • Depreciation
Social Risk

• Magnet for trouble
  makers

• Lost sense of
  community
Protection by Occupation Explained

    Live-in Guardians (keyworkers) who permanently
       occupy the premises for the time it is vacant
Building Intake – The Process
      1. Building survey & evaluation

      2. Installation of temporary facilities

      3. Guardian intake

      4. Building management

      5. Building handback
Property Requirements
 Wind / Water tight, electricity and
  cold water.

 Change locks (non-copy keys) and
  Repair non-secure entrances.

 Install refuse containers.

 Install mobile shower units.                  Our mobile shower unit


 Install “Camelot Safety Pack” (fire
  blanket, extinguisher and smoke       Camelot provides the most cost-effective price to
  alarm).                                  return property to occupiable condition .
Protection by Occupation Explained
Criteria for becoming a Guardian
• Process Governed by BSI 7858:2008 (Vetting).

• Employed, single persons or couples.

• Proof of identity (Passport, Drivers License).

• Copy Utility Bill in their own name

• Copy bank statement

• Employers reference & Independent Character Reference

             No Students, No Families, No Pets
Guardian Recruitment
    • Formal Interview by Camelot Managers.

    • Details of license are explained to the applicant.

    • Bond and other fees are received.

    • Keys issued.




For every 100 applicants less than 40 will be
            deemed acceptable.
Guardian Obligations
•   Amicable sharing.

•   Keep room & property clean and tidy.

•   Report any issues to Camelot on 24-hour manned emergency
    number.

•   No parties.

•   No overnight guests

•   Give 4-weeks notice when moving.
Current Irish Guardians
• Men / Women          55% / 45%




• Over the age of 25     88%

• Over the age of 35     43%

• 18-25 years old        12%
Legal Structure

                          Owner


                                               Authorisation Agreement*


                          Camelot


                                             Temporary Occupation Licence*

                         Guardian




* Authorisation Agreement and Temporary Occupation License constructed by Hayes Solicitors.
Authorisation Agreement with Owner
  •Signed by the Owner and Camelot

     •Gives Camelot permission to install Guardians.

     •Gives Camelot permission to enter the property.

     •Does not give Camelot any tenancy rights.

     •Sets out Camelot’s & Owner’s responsibilities.


     •Independent Snr. Council Opinion sought.    Sean Farrell SC.
Temporary Occupation License
•Signed by the Guardian and Camelot

   •Camelot gives the Guardian permission to reside.

   •Sets out Guardian responsibilities & restrictions.

   •The Guardian concedes any tenancy rights.

   •Clearly sets out Camelot’s responsibilities.


   •Independent Snr. Council Opinion sought.       Sean Farrell SC.
Camelot Accreditations
•NSAI (IS:999) 2004 - PSA Licensed.
•NSAI ISO 9001      - Management Systems.
•BS7984              - Security Key Holding.
•BS7858: 2000        - Security Vetting.

•Irish Senior Legal Opinions on Camelot Contracts
Office Buildings Seeking a Buyer
Property: Office & Warehouse   Property: Office
Guardians: 7                   Guardians: 5
Occupied Since: June 2007.     Occupied Since: May 2006
Owner: Receiver.               Owner: Supermarket
Heritage Properties
Property: Boarding School, Rathfarnham   Property: Stately Home, Kinsealy
Guardians: 14                            Guardians: 8
Occupied Since: March 2010               Occupied Since: February 2012
Owner: Receiver                          Owner: Receiver.
Ghost Estates in receivership
Property: Development, Wexford   Property: Development , Cavan
Guardians: 4                     Guardians: 2
Occupied Since: January 2011.    Occupied Since: October 2011
Owner: Receiver                  Owner: Receiver
Hotels seeking a buyer
Property: Hotel & Complex        Property: Hotel
Guardians: 6                     Guardians: 6
Occupied Since: October: 2010.   Occupied Since: September 2011
Owner: Receiver                  Owner: Receiver
Nursing Homes seeking a new use.
  Property: Nursing Home, Mayo     Property: Private Hospital, Dublin
  Guardians: 4                     Guardians: 13
  Occupied Since: September 2012   Occupied Since: June 2012
  Owner: Religious Order           Owner: Private Owner
Private Residences

Property: Private Home          Property: Private Home
Guardians: 4                    Guardians: 3
Occupied Since: February 2012   Occupied Since: March 2012
Owner: Private Owner            Owner: Private Owner
Religious Residential Properties

Property: Convent                Property: Retreat Centre
Guardians: 6                     Guardians: 18
Occupied Since: September 2012   Occupied Since: May 2012
Owner: Religious Order           Owner: Religious Order
MyCastle
Secure online access to your property portfolio
Real time view across property portfolio
The Camelot Solution

                  Effective


                  Comprehensive
                   Property Care




Economic                              Easy


Clear Financial                    Totally Flexible
   Benefits                          Protection
Cost break-down
     1.     Weekly Management fee: €40 - € 500

           plus an intake fee

2.    Cost of making the property habitable e.g.

           repairs of smashed windows
           new locks
           Install / remove shower cabinet and electric
            shower

3.    All outgoings of the premises
.
           Utility bills
           Insurance
The Cost Savings
Actual Example: Hotel in North East – Insured Value €15m.


IF LEFT VACANT                           IF OCCUPIED BY CAMELOT

Insurance Cost (part risk) € 30k pa.     Insurance Cost (all risk) € 15k pa.

24 Hour security € 125k pa.              Make Ready Costs        € 12k (one off)

Decommission cost € 8k (one off)         Management Costs €13k pa.

Total Costs:           € 163k pa.        Total Costs:            € 40k pa.

Annual Costs:          € 155k pa         Annual costs:           € 28k pa.



                      Total Cost Savings: € 123k
                   Total Annual Savings: € 127k pa.
Camelot Live-in Guardian Solution


       Questions Please

       Protecting the Property’s Value using

     Caretakers as “eyes & ears” of the owner.

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Protection by Occupation: An everyone wins solution - Damian Woods, Regional Manager Camelot Property Management

  • 1. The Vacant Property Specialists
  • 2. Camelot Live-in Guardian Solution Protecting the Property’s Value using Caretakers as “eyes & ears” of the owner.
  • 3. Contents •Protection by Occupation Explained. •Process – Building intake and Guardian recruitment. •Legal Structure. •Examples of Properties. •Cost to Owners
  • 4. Technical Risk • Water / Leak • Fire • Overdue maintenance • Dilapidation
  • 5. Economic Risk • Sale-ability compromised • Planning/ Development • Depreciation
  • 6. Social Risk • Magnet for trouble makers • Lost sense of community
  • 7. Protection by Occupation Explained Live-in Guardians (keyworkers) who permanently occupy the premises for the time it is vacant
  • 8. Building Intake – The Process 1. Building survey & evaluation 2. Installation of temporary facilities 3. Guardian intake 4. Building management 5. Building handback
  • 9. Property Requirements  Wind / Water tight, electricity and cold water.  Change locks (non-copy keys) and Repair non-secure entrances.  Install refuse containers.  Install mobile shower units. Our mobile shower unit  Install “Camelot Safety Pack” (fire blanket, extinguisher and smoke Camelot provides the most cost-effective price to alarm). return property to occupiable condition .
  • 11. Criteria for becoming a Guardian • Process Governed by BSI 7858:2008 (Vetting). • Employed, single persons or couples. • Proof of identity (Passport, Drivers License). • Copy Utility Bill in their own name • Copy bank statement • Employers reference & Independent Character Reference No Students, No Families, No Pets
  • 12. Guardian Recruitment • Formal Interview by Camelot Managers. • Details of license are explained to the applicant. • Bond and other fees are received. • Keys issued. For every 100 applicants less than 40 will be deemed acceptable.
  • 13. Guardian Obligations • Amicable sharing. • Keep room & property clean and tidy. • Report any issues to Camelot on 24-hour manned emergency number. • No parties. • No overnight guests • Give 4-weeks notice when moving.
  • 14. Current Irish Guardians • Men / Women 55% / 45% • Over the age of 25 88% • Over the age of 35 43% • 18-25 years old 12%
  • 15. Legal Structure Owner Authorisation Agreement* Camelot Temporary Occupation Licence* Guardian * Authorisation Agreement and Temporary Occupation License constructed by Hayes Solicitors.
  • 16. Authorisation Agreement with Owner •Signed by the Owner and Camelot •Gives Camelot permission to install Guardians. •Gives Camelot permission to enter the property. •Does not give Camelot any tenancy rights. •Sets out Camelot’s & Owner’s responsibilities. •Independent Snr. Council Opinion sought. Sean Farrell SC.
  • 17. Temporary Occupation License •Signed by the Guardian and Camelot •Camelot gives the Guardian permission to reside. •Sets out Guardian responsibilities & restrictions. •The Guardian concedes any tenancy rights. •Clearly sets out Camelot’s responsibilities. •Independent Snr. Council Opinion sought. Sean Farrell SC.
  • 18. Camelot Accreditations •NSAI (IS:999) 2004 - PSA Licensed. •NSAI ISO 9001 - Management Systems. •BS7984 - Security Key Holding. •BS7858: 2000 - Security Vetting. •Irish Senior Legal Opinions on Camelot Contracts
  • 19. Office Buildings Seeking a Buyer Property: Office & Warehouse Property: Office Guardians: 7 Guardians: 5 Occupied Since: June 2007. Occupied Since: May 2006 Owner: Receiver. Owner: Supermarket
  • 20. Heritage Properties Property: Boarding School, Rathfarnham Property: Stately Home, Kinsealy Guardians: 14 Guardians: 8 Occupied Since: March 2010 Occupied Since: February 2012 Owner: Receiver Owner: Receiver.
  • 21. Ghost Estates in receivership Property: Development, Wexford Property: Development , Cavan Guardians: 4 Guardians: 2 Occupied Since: January 2011. Occupied Since: October 2011 Owner: Receiver Owner: Receiver
  • 22. Hotels seeking a buyer Property: Hotel & Complex Property: Hotel Guardians: 6 Guardians: 6 Occupied Since: October: 2010. Occupied Since: September 2011 Owner: Receiver Owner: Receiver
  • 23. Nursing Homes seeking a new use. Property: Nursing Home, Mayo Property: Private Hospital, Dublin Guardians: 4 Guardians: 13 Occupied Since: September 2012 Occupied Since: June 2012 Owner: Religious Order Owner: Private Owner
  • 24. Private Residences Property: Private Home Property: Private Home Guardians: 4 Guardians: 3 Occupied Since: February 2012 Occupied Since: March 2012 Owner: Private Owner Owner: Private Owner
  • 25. Religious Residential Properties Property: Convent Property: Retreat Centre Guardians: 6 Guardians: 18 Occupied Since: September 2012 Occupied Since: May 2012 Owner: Religious Order Owner: Religious Order
  • 26. MyCastle Secure online access to your property portfolio
  • 27. Real time view across property portfolio
  • 28. The Camelot Solution Effective Comprehensive Property Care Economic Easy Clear Financial Totally Flexible Benefits Protection
  • 29. Cost break-down 1. Weekly Management fee: €40 - € 500  plus an intake fee 2. Cost of making the property habitable e.g.  repairs of smashed windows  new locks  Install / remove shower cabinet and electric shower 3. All outgoings of the premises .  Utility bills  Insurance
  • 30. The Cost Savings Actual Example: Hotel in North East – Insured Value €15m. IF LEFT VACANT IF OCCUPIED BY CAMELOT Insurance Cost (part risk) € 30k pa. Insurance Cost (all risk) € 15k pa. 24 Hour security € 125k pa. Make Ready Costs € 12k (one off) Decommission cost € 8k (one off) Management Costs €13k pa. Total Costs: € 163k pa. Total Costs: € 40k pa. Annual Costs: € 155k pa Annual costs: € 28k pa. Total Cost Savings: € 123k Total Annual Savings: € 127k pa.
  • 31. Camelot Live-in Guardian Solution Questions Please Protecting the Property’s Value using Caretakers as “eyes & ears” of the owner.