Westward Ho – Green Parks Holiday Resort Information About Westward Ho!

Dominated by its 2 miles if spectacular coastline, Westward Ho proudly retains the prestigious Blue Flag award year after year (only 71 beaches in the UK have this status). Its golden sandy beach, backed by a unique pebble ridge offers bathing and water sports activities such as canoeing, surfing and kite boarding.

The South West Coastal path and Tarka trails are nearby and offer magnificent walks. Nearby is the Big Sheep Adventure Park, market town of Bideford and renowned Atlantic shopping centre with its medieval bridge is just 3 miles away. The fishing village of Clovelly is just 8 miles away which has a picturesque waterfall and boasts quaint cobbled streets dotted with art shops, tea rooms and local craft centres.

Other nearby attractions include a zoo, golf courses including the oldest golf club in England and Wales, the Royal North Devon Golf Club, and a large area of sand dunes attracting local nature.

The local government is spending £200,000 (grant was passed on the 6^th August 2010) to upgrade the promenade and they will also be landscaping the green area adjacent to the resort.

Two new signature restaurants are planned to open in Westward Ho (one by celebrity chef John Burton Race) in the very near future.

Increasing Tourism in Westward Ho!

UK tourism market is on the up. Knight Frank recently released statistics highlighting the growing popularity of ‘staycations’ with figures stating a 67% growth in nights spent in self catering apartments from 2007 to 2010.

Forecasts by Deloitte and Oxford Economics suggest that between now and 2020 the amount of money spent by Britons holidaying in the UK is predicted to grow by 2.6% a year in real terms.

The South West of England is the most popular English region for UK visitors with a 20% market share (Purbeck Tourism Strategy 2008 – 2013)

The strategy will reflect the aims of the South West Tourism Regional Strategy and by 2015 aims:

To achieve an average net annual growth in tourist expenditure from staying visitors of 1.5% pa (2002 - £255 million)

To achieve a growth in total business turnover (Cambridge Model) of 15% to £592 million.

To create a further 5% growth in employment

To achieve and sustain a 30% market share of the nights in Devon County (Year 2002 - 24.9%).

To increase the level of participation in NQAS for accommodation to 75% (Year 2002 - 26% across all sectors).

To increase membership levels of NDMB to 75% of the accommodation sector (Year 2002 - 30%)
North Devon Marketing Bureau


Green Parks Holiday Resort
Investing in Green Parks holiday resort represents an opportunity to purchase UK property below market value and benefit investors from guaranteed rental returns plus a guaranteed buy-back.

These executive apartments are situated within 50 meters of the beachfront promenade with the local bars, restaurants, cafes and attractions all being only a few minutes’ walk away.

The development will be managed by a large well known national company which is why the rental returns are high.

Facilities include main reception, bar, restaurant and indoor swimming pool complex of main pool with flume, separate children’s pool, Jacuzzi and indoor deck area.
Each apartment will be finished to an exceptionally high standard including a turn-key completion package. Furnishings, white goods, kitchens and bathrooms will all be installed ready for your guests.
Your easy hands-off property ownership includes:
Furniture, white goods, bathrooms & kitchens installed

Turn-key completion packages

No maintenance fees

No on-going service fees (water, electric, council tax)

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  Just 160 properties in the entire development consisting of 2 and 3 bedroom executive apartments
  
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  Onsite bar, restaurant, reception and indoor pool
  
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  50m from the beach / a minute’s walk!
  
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  Managed by renowned hotelier
  
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  Fully managed for hands off investment and ownership
  
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  Fractional ownership £20,000 (Based on 1/8th) 6 weeks usage (20% owners discount to use property)
  
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  Full ownership available £159,950
  
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  Three year 5% NET guaranteed rental income paid post completion
  
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  Easy ownership: No ongoing fees (i.e. council tax, maintenance, utilities etc).
  
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  Comparable apartments in the region are selling from £235,000, making these properties well under market value
  
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  Optional guaranteed buyback at £198,000!
  
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  Full planning permission granted
  
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  10 year NHBC certificate
  

26 apartments / 2 penthouses

2 bedroom apartments from £325,000

3 bedroom apartments from £425,000

Private rentals from £579pw low season
Horizon View (40 meters from Green Parks)

62 apartments

2 bedroom apartments from £235,000

Private rentals from £439pw low season

· *No VAT or stamp duty to pay

· 5% NET guaranteed rental return on completion

· Optional Guaranteed buy back at a higher price!!

· Ownership of a stunning 2 bed executive apartment

· A fantastic investment opportunity

Full ownership £159,950

1/8^th Fractional ownership £20,000


Purchasing Procedure based on 8^th fraction for £20,000:
Fractions are bought through an LLP (Limited Liability Partnership) which enables 8 owners to buy and sell independently of each other.
· £1,200 reservation fee (£200 (the VAT) refunded during transaction)

· Receive contracts and due diligence pack to review and pay £595 legal fees 

· Then pay 10% deposit £2,000 on exchange of contracts.

· On practical completion (this August) pay outstanding balance of 90% = (£18,000) plus £1,100 furnishing costs

Receive 5% (net of all costs and fees) guaranteed rental income of £83,33 per month on completion

· Personal usage is possible (clients receive 20% discounted usage)

· August 2015 the developer will guarantee to repurchase the fraction for £24,750! (this is an option so it can be kept longer)
(Annual costs for the upkeep of the LLP is £100 per annum per fraction)

Purchasing Procedure based on full ownership for £159,950:
· £1,200 refundable reservation fee (£200 refunded during transaction)

· Receive contracts and due diligence pack to review and pay £595 legal fees 

· Then pay 10% deposit £15,995 on exchange of contracts.

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  On practical completion (this August) pay outstanding balance of 90% = (£143,995) plus £8,100 furnishing costs
  
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  Receive 5% (net of all costs and fees) guaranteed rental income of £666 per month on completion
  

· August 2015 the developer will guarantee to repurchase the property for £198,000! (this is an option so it can be kept longer)

The contractor of Green Parks has a wealth of experience in the UK hotel and leisure industry. Previous projects include the construction of various Butlins and Days Inn hotels.

Apartments are sold with a 125 year lease

Funds for each block will be held in a bonded account until the last unit is sold.

The guaranteed buyback is only offered on this block of apartments, phase 2 will be sold at a higher price, without the buyback.