Grand Soleil Charters (Ireland) Ltd. proposes to purchase two Grand Soleil 56 yachts under a Business Expansion Scheme (BES) for luxury Skippered Charter.

The yachts will be managed by 'Sail Ireland' from their base in Kinsale, County Cork for the five-year period of the BES.

This will be the core activity of the company. See www.sailireland.com



All monies raised will be used to purchase two Grand Soleil 56 yachts and carry out the three year Marketing Plan as submitted to 'Failte Ireland'.

All other running costs will be paid by the core business of Skippered Charter, to include Insurance, Maintenance, Marina and Administration charges.

 

Each yacht will cost circa €950,000 (see specification) and will be finished to the highest possible standards.

No borrowings or charges will be allowed on the yachts without the written permission of the Shareholders.
 
It is proposed to raise €2,000,000 in BES funds over the period 2007/2009. Investments are invited from Individuals or Syndicates, the minimum investment is €50,000 (€29,500 after tax relief). An individual may invest €150,000 per annum and the investment can be spread over three years 2007, 2008 and 2009.

An investor who cannot obtain relief on his/her investment in the year of assessment can carry forward the unrelieved amount to following years up to and including 2113.

The Shareholders will wholly own the BES company. There will be a Management agreement with Sail Ireland, which will set out the responsibilities of each party.



During the winter season in Ireland these yachts will be chartered in the Caribbean or other winter Sunshine location.

When the yachts are not on Charter in Ireland or during the 'off season', Investors will have an opportunity to Charter the yachts with Skipper and crew at substantially reduced rates.


For each €50K invested one week in the off-season will be allocated to the Investor/syndicate or their nominee. See FAQ's for more information.

Cost of Chartering this style of luxury yacht including skipper and crew vary from €9,000 to €13,000 per week depending on the location and season.


Scheme subject to 'Failte Ireland and Irish Revenue' approval
Individuals should seek independent Financial and legal advice.


The new Grand Soleil 56' [56 foot in length] is designed by Philippe Briand. It is the latest demonstration of Cantiere del Pardo's philosophy of building a high performance sailing yacht which is easy to sail, even shorthanded and does not compromise comfort and luxury.

There are three en-suite double cabins with an additional single berth in one of the aft cabins. Separate skipper/crew accommodation is provided in a forward cabin with separate access from the deck.

There is a luxurious finish throughout and like her successful sister ships in the Grand Soleil range, she offers a modern hull and an efficient deck plan. Simple and clean, the Grand Soleil 56' is designed for both racing and safe long distance cruising.




Yacht as specified
€950,00
Marketing & Set Up
€50,000
Capital Investment per yacht
€1,000,000

Per Investor / Syndicate €50,000 €100,000
Tax Relief at 41% €20,500 €41,000
Net Investment €29,500 €59,000

Estimated Share Value end year 5
% of Yacht estimated value €760,000 €38,000 €76,000
Value 'Off Season Charter' 5 years OR €50,000 €100,000
Cash fund end year 5 €14,500 €29,000


3 Double en-suite cabins
Separate Skippers Cabin
Heating
Air Conditioning
Radar | Plotter | Auto Helm
Bow Thruster
Teak Decks
Electric Winches
Spinnaker | Gennaker
Generator
Holding Tanks
Sprayhood/ Bimini
LCD TV | Music System
All Safety Equipment Offshore
Sat | Phone | Com
Dingy | 5hp Outboard engin

Grand Soleil (Charters) Ireland Limited
Sail Ireland Charters
Trident Hotel Marina
Kinsale
Cork
Ireland.

Contact: Michael Loughnane
Office: (353) 21 4772927
Mobile: (353) 86 8594215
Email:gs56ireland@gmail.com
Email:mick.loughnane@gmail.com
Web: www.grandsoleilireland.com
Web: www.sailireland.com
 

Agents in Ireland for:
Grand Soleil Yachts
Dufour Yachts
Fibrafort