Project Summary – Prestigious development of 5 executive houses, 4 luxury apartments and a penthouse, in an exclusive setting of 6.4 acres Share Price - £1,700 Raise Amount - £850,000 Number of Shares Issued – 500 Projected Return on Investment (Gross) – 47% Projected Return on Investment (Net) - 38% Expected Completion Date of Construction - 4th Quarter, 2019.. Exit for investors is upon the
completion of the sales of the residential units though there may be
opportunities to accelerate payments based upon the completion and sale of
individual units on an earlier time frame THE PROJECT
A truly unique and magnificent site, nestled in a highly sought after location, with panoramic verdant views overlooking the North Worcestershire countryside.
Full planning permission (16/0325/full) has been granted by Wyre Forest District Council to convert the existing Park Attwood Estate to form 4 high end apartments and a penthouse along with 5 executive homes ranging from 2300 sq ft to 4400 sq ft on this breath-taking 6.4 acre site. The Planning permission includes 3, 3 bed apartments and 2, 2 bed apartments.
Further details about this project are available for download in the Menu Bar, 'Documents' tab. You can view the flythrough of the proposed site by clicking HERE.
ABOUT THE FUNDRAISERS
JAMES DRISCOLL - Director - Christopher Charles Properties Ltd
Since 2006 James has acted as a Consultant to a number of new and emerging IP companies and has developed his own property portfolio.
In 2010 James, together with his son Adam, formed Christopher Charles Properties Ltd in order to acquire Park Attwood Rehabilitation Centre. The site had an existing care planning extant for three more new buildings in the grounds. In 2016 the Directors decided to apply for a residential planning consent to convert the main building into five luxury apartments, extend one existing house on the site and build four executive homes in the grounds. Planning consent was granted in 2017.
His background is in the creation, development and exploitation of Intellectual Property Rights in the media/multimedia sectors. He is the creator of the award winning animated children’s cartoon character Television series The Shoe People, which was first broadcast on TV AM in 1987.
From 1989 James was Chairman of Storm Group PLC, a company that floated on the stockmarket in December of that year. The company grew from one key commercial property (The Shoe People) to a business that, via a build and buy strategy, had amassed a catalogue of over one hundred hours of television by 1992. Included in the group’s assets were the ownership of rights to television production, sales and distribution, licensing, publishing and merchandising to 23 animated cartoon properties. These included Paddington Bear, The Wombles, The Dreamstone, Astro Farm and Huxley Pig. The Group also acquired and built two leading trade magazine publishers who specialised in Intellectual Property rights information.
In 1994 the Group embarked on an additional sports rights strategy and further grew the business via acquisition of a number of sports related media assets. In 1996 The Group changed its name to Caspian Group PLC and acquired Leeds United FC. James stepped down from the Board but remained as a consultant to the group.
In 1998 James joined the board of Sanctuary Group PLC, the world’s largest independent music company. During his tenure the Group’s turnover grew to £220m. James left the Group in 2006 to concentrate on his property and other interests.
ADAM DRISCOLL - Director - Christopher Charles Properties Ltd
Adam acquired his first business in 1994 through a management buy-out and floated it as A4 Holdings plc on OFEX in 1996. Adam founded channelfly.com plc in early 1999. As Channelfly PLC the company floated on AIM in 1999 and was a vertically integrated music business. Following a management buy-out in 2003, the company returned to AIM in December 2005 as MAMA Group Plc where Adam was co-CEO .
The company grew to become one of the UK’s leading independent music businesses which redeveloped, owned or operated over 20 live venues in the UK including London’s Hammersmith Apollo and also engaged in the management of the careers of over 100 artists, including Kaiser Chiefs and Franz Ferdinand. The company had annualised revenues of circa £50 million when it was acquired by HMV for £46m in February 2010.
Following the HMV acquisition, Adam joined the board of Chrysalis Plc, assisting the company in its sale process to BMG Rights for £107m in November 2010. From 2011 to 2013 Adam was involved in a range of business consultancy activities. These included managing the career of Sarah Brightman; advising an investment group on the development of their music assets in China; working with Elite World, the owner of the world’s largest modelling agency; and assisting Crowdsurge, a fast growing UK-based ticketing business, with their successful fundraising.
Adam was a director at Pulse Films until its sale to Vice Media. He is currently a director and shareholder at Vision 9 (Boardmasters Festival) and Punchdrunk Global, the immersive theatre company with operations in the UK, USA and China.
Reza Palmer is a construction industry
professional with broad experience and sound understanding of on-site,
contractual and project management matters gained over 15 years in the
Reza has managed a number of
multi-million pound residential and commercial conversion/renovation and new
build projects in London and elsewhere in the UK. He has previous experience of
project managing a development undertaken with investor partners to convert commercial
apartments. Reza is a knowledgeable Contract/Project
Manager with a track record in the successful management and delivery of
multiple and varied contracts. He has the appropriate relevant experience to
provide sound advice and expertise at all stages of the construction planning
and delivery process. He is financially
astute and conversant with budgeting principles for commercially lean financial
management and on-time project delivery.