RETREAT LODGES. Brief overview.
RETREATS LODGES GRI 4 BEDS.
Return based on Kenwick Selling price of plot plus building.
6% on 240,000 = 14,400 = 1200.00 per month
Payable by Kenwick on the10th of each month following completion of first month, by Standing Order.
LENGTH OF TERM OF AGREEMENT
By agreement between 2-5 years with six month notice from owner only.
Owner to pay:-
Kenwick to pay:-
Four weeks per annum. Arranged through Hotel Lodge break manager.
The scheme was established in 2001 to provide owners of lodges provided by Kenwick with a return on their investment at the Kenwick Woods lodge development. That development comprises seventy seven Scandinavian lodges and currently 24 owners are contracted into the GRI scheme with some having been under contract since its establishment in 2001.
BENEFIT TO OWNERS
BENEFITS TO KENWICK.