How It Works

LeisureNet Properties creates a separate company for each property. Up to 13 shares are established for each property company - all except one of these shares are available to our clients, whilst one share will always be retained by LeisureNet Properties.

Up to 70% of the shares may be acquired by a single shareholder in any one property company. A shareholder secures access to a property spread over each year in proportion to their shareholding. A shareholder chooses to divest a share or shares, then the shareholder is free to market their shares independently to existing shareholders or other parties; if requested, LeisureNet Properties can arrange marketing services in return for a commission in line with prevailing real estate sales commission rates. 

Access allocations will, depending on the type and location of a property, be in either 1 week or 2 week blocks that move forward each year by 4 weeks – this way, all shareholders ultimately enjoy access to a property at all times of the year. Access allocations are established on a “first come / first served basis”.

Having acquired a share or shares, you will thereafter be required to contribute your share of running expenses charged at cost. Management fees will be charged only as may be required to provide basic administration and accounting services specific to each property company. Company reports, accounts, updated asset valuations and “benchmark” share prices will be issued to shareholders effective 1st July of each year.