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listing placed 19 October 2022 United Kingdom

New R44 Syndicate, Kemble / Private site near Bath.

R44 £20,000-£60,000

Robinson R44 - Proposed Share Group at Kemble / Private site near Marshfield where I have a barn and hard standing.

Because of the lack of 4-seat helicopter share groups in the South West, I am looking to start a Robinson R44 equity share group ideally purchasing the aircraft early-mid 2023.

Plans as follows:

1. Helicopter will be available via an online booking system.
2. The cost of the helicopter will be divided into equal shares (3-5 members) each member will have one share of a new Ltd SPV Co
3. Scheduled maintenance, hangarage and insurance will be covered by a monthly payment into the group.
4. Unscheduled maintenance will be covered by an equal division of the cost between the group members.
5. Rebuild costs will be factored into the hourly cost to ensure the value of the helicopter is maintained throughout its life.

The share price and hourly costs will be dependent on the purchase price of the helicopter but will be significantly less than self-fly-hire costs.

Depending on interest, the aircraft (c£250-300k) could be purchased outright, or mortgaged through Paragon for example (20% down 84 Month term)

If anyone is interested in joining this group, please contact me on 07773213210

Andrew Newall

Contact the advertiser Contact Details 07773213210