On behalf of our client investors Helmsley Group have bought a magical new property on the Shambles in York, one of its most famous streets. Currently home to World of Wizardry, we’ve acquired  a small 1,500 sq ft ground floor retail unit which includes three upper floors and three individual apartments which we intend to use for holiday let income.

As part of this latest acquisition, we’re taking the opportunity to diversify what we do, transforming the apartments into three unique holiday lets to add value and income for our investors. We’ve also created another three apartments in a prime location on Spurriergate soon to be launched.

All of the apartments are listed on Airbnb and you can take a first look at them here: https://www.airbnb.co.uk/rooms/41925428?location=Shambles%2C%20York%2C%20UK&adults=1&check_in=2020-03-06&check_out=2020-03-08&poi_place_id=3457947&source_impression_id=p3_1580407588_Zm%2B11DaO85gOtW6m

We are looking to grow this specific area in the future so please send details of any similar investment/holiday let opportunities in York through to Edward-harrowsmith@helmsley.com

Definitions

High Net Worth Investor – An individual who has signed, within the period of twelve months ending with the day on which communication is made, a statement to confirm they have an annual income of not less than £100,000, or net assets, excluding their primary residence, of not less than £250,000.

Certified Sophisticated Investor – An individual who has a written certificate within the last 36 months by an FCA Approved Person confirming that the Investor is sufficiently knowledgeable to understand the risks associated with engaging in investment activity in non-mainstream pooled investments

Self-Certified Sophisticated Investor – An individual who has signed, within the period of twelve months ending with the day on which communication is made, a statement to confirm that have sufficient knowledge to understand the risks associated with engaging in investment activity in a non-mainstream pooled investments.

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