AEQ Management S.à r.l.
RCSL B302489 · Capellen, Luxembourg

The Owners Club UK · Confidential

Wicklewood · South Norfolk

Two Norfolk estates,
one investment.

Birchwood House & Church Manor Farm, wholly investor-funded — with income enhanced through Aequitas Collateralised Yield Enhancement.

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How it works

Simple to understand, built to compound.

Investors provide 100% of the capital. Two adjoining freehold estates are bought outright and produce income from day one — rents, a licensed wedding venue and a trading business.

Aequitas then collateralises the buildings and channels the released capital into Collateralised Yield Enhancement — arranged within the first three months — adding a monthly return on top. Once the estates are developed and re-valued, that facility grows again.

~£5.25m
Total investment · all equity
£636k → £1.33m
Adjusted run-rate · yr 1 → after build
~25%
Adjusted return on equity

The two estates

A yield anchor
and a growth engine.

£3.80m acquired as one package — two freehold estates and a trading business — producing £534,000 of income from day one, rising to ~£1,137,000 of operating income once the destination is built.

Birchwood · Yield anchor

Birchwood House, settled income.

£1.55m. A 6,750 sq ft country house with an indoor pool, tennis court and five holiday cottages — settled, established income with no planning risk.

A modest refurbishment separates the lets from the main house and upgrades the pool so the whole site lets. Managed target income £270,000, rising to £322,000 with two luxury lodges added in the final phase.

£1.55m
Purchase
£270k
Income · day one
£322k
After development
Church Manor · Growth engine

Church Manor Farm, the destination.

£1.85m estate plus a £0.4m trading business. A 13-acre estate with a licensed 225-guest wedding venue, holiday lets and renewables — £164,000 of verified income plus ~£100,000 from Simply Pure.

Developed into a wedding & wellness destination — ten luxury lodges, heated pool and spa, an organic Lion's Mane grow facility and solar — reaching £815,000 after development.

£2.25m
Purchase
£264k
Income · day one
£815k
After development

Church Manor · The development

A wedding & wellness destination.

A mix of one- and two-bed luxury lodges with hot tubs, a heated pool and spa, and a lakeside ceremony pavilion turn a £9k dry-hire venue into £18–25k exclusive-use weekends. A barn becomes an organic Lion's Mane grow facility; new solar covers the lodges' utilities, so lodge income is largely retained.

The full build is ~£1,260,000: twelve lodges — six one-bed at £35k and six two-bed at £45k (£480k) — plus site works, pool, spa & pavilion (£400k), the Lion's Mane facility (£150k), solar (£130k) and the Birchwood refurbishment (£100k).

i.

Phase one

Core infrastructure plus the first five Church lodges — day-one spend kept well below the full build.

ii.

Phases two & three

Two, then three further lodges added as cashflow permits — each phase self-funds the next.

iii.

Final phase

Two lodges at Birchwood complete the twelve. 12–18 months of works in total.

Phased delivery keeps day-one outlay down — a portion of the development is funded from trading income rather than day-one equity.

Enhanced yield · Collateralised Yield Enhancement

Put the buildings to work twice.

The estates are bought for cash — but their value needn't sit still. Through the Aequitas Property Programme (a Luxembourg securitisation), 50% of the buildings' value is released as institutional capital — no repayments — and deployed through Collateralised Yield Enhancement at a net 6% to the project, paid monthly.

This is arranged in the first three months after purchase. As the development lifts the valuation, the facility is increased and more capital is deployed — a recurring engine that both enhances the yield and can self-fund further development.

i.

Stage 1 · first ~3 months

Release 50% of the £3.4m buildings — £1.70m deployed, adding £8,500 per month at 6% net.

ii.

Stage 2 · after re-valuation

Re-value on the enhanced income (~£6.3m); the facility grows to £3.14m — £15,700 per month. No new investor equity.

iii.

What it means

Year-one run-rate lifts from £534k to £636k; after development, from £1,137k to £1,325k adjusted.

Balance-sheet-neutral: the deployed position equals the debt secured on the buildings, and the 6% is net of borrowing cost. It introduces institutional gearing at the compartment level — an income overlay, not free equity; returns depend on the programme's performance and are not guaranteed.

The estates · In detail

Two estates, on file.

Acquired together as a single package. Operating income shown gross unless stated; lodge income net of ~30% operating costs. The Collateralised Yield Enhancement carry is shown separately in the return section.

Estate INorfolk · Yield anchor

Birchwood House, Wicklewood.

  • Acquisition: £1.55m freehold (assessed £1.65m) — a 6,750 sq ft country house with indoor pool, tennis court and five holiday cottages. EPC D, no planning risk.
  • Rationale: the package's yield anchor — settled holiday-let income with a clear path to a managed target of £270,000 a year (cottages £180k + main house £90k), pending verified accounts.
  • Value-add: a £100k refurbishment separates the holiday lets from the main house and upgrades the pool so the whole site lets; two luxury lodges (£80k) follow in the final phase of the wider development.
  • Stabilised: £270,000 managed target from the refurbished estate, rising to £322,000 with the two lodges.
  • Valuation: ~£2.0m at completion, re-rating to ~£2.6m at exit (net £202k capitalised at 7.7%) as the income is proven and the yield compresses.
£1.55m
Acquisition
£270k
Income · day one
£322k
After development
£180k
Value-add capex
£2.0m
Completion value
£2.6m
Exit value
Estate IINorfolk · Growth engine

Church Manor Farm, Wicklewood.

  • Acquisition: £1.85m for the 13-acre estate plus £0.40m for Simply Pure, a trading supplement business acquired on a deferred earn-out.
  • Day one: £164,000 of verified estate income — a licensed 225-guest wedding venue (trading as Church Manor Barn), holiday lets, wind and solar — plus ~£100,000 from Simply Pure.
  • Development: the wedding & wellness destination — ten luxury lodges with hot tubs, heated pool and spa, and a lakeside ceremony pavilion — turning £9k dry hire into £18–25k exclusive-use weekends. The site layout shown in the gallery is an illustrative masterplan.
  • The businesses: a £150k organic Lion's Mane grow facility reaches £294,000 Year-2 EBITDA at confirmed prices (Blynk contracted at £200/kg fresh; intra-group sales to Simply Pure at £400/kg), with Simply Pure's £100,000 supplement line additive, not a double-count. These two lines carry roughly one-third of the after-development income — the highest-return, least-proven part of the plan, and the first operational priority to prove.
  • Stabilised: £815,000 after development — venue £120k, lodges (net) £263k, Lion's Mane £294k, Simply Pure £100k, renewables & solar £38k. Valuation ~£4.5m at completion (estate £2.9m + businesses), re-rating toward ~£6.4m at exit.
£2.25m
Acquisition
£264k
Income · day one
£815k
After development
~£1.08m
Value-add capex
~£4.5m
Completion value
~£6.4m
Exit value

The return

Return in two layers.

First, the assets and the income they produce from day one — a 21.7% base return on ~£5.25m of equity once developed (10.2% from day one). Then a clearly-labelled optimisation on top: the Collateralised Yield Enhancement carry from those same assets, lifting the adjusted net return to ~25% (12.1% run-rate in year one, once the facility is in place from ~month 3). Then a capital gain on exit — the estates are worth materially more once the destination and businesses are trading and proven. Exit by trade sale, refinance or tokenised sale after a 3-year minimum hold.

Capital committed

~£5.25m
Total investment · all equity
  • Freehold estates & business£3.80m
  • Purchase costs~£190k
  • Development · full build£1.26m

Value at exit

~£9.0m
Proven income · re-rated
  • Value at completion~£6.5m
  • Exit yield basis8–10%
  • Minimum hold3 years

Income through the hold

£636k
Adjusted run-rate · year one
£1.33m
Adjusted run-rate · after build
~25%
Adjusted return on equity

Indicative working estimates, subject to confirmation — including Birchwood's managed income vs verified accounts, the Lion's Mane pricing and contracts, the wedding & wellness operating model, the phased development costings, property-level operating costs, the Collateralised Yield Enhancement terms, and planning consents. Operating income of £534k is live from completion; the enhancement facility is arranged in the first ~3 months, lifting the year-one run-rate to £636k. After development: £1,137k operating + £188k Stage-2 carry = £1,325k adjusted. Lodge income is net of ~30% operating costs; other property income is gross. Valuations are in-house estimates pending a RICS Red Book valuation; the exit re-rate depends on the income being proven, managed and evidenced. Capital at risk; projections are not a reliable indicator of future results.

Terms & participation.

Structure

  • VehicleAequitas SPV / Securitisation Fund
  • Investor structure100% investor-funded equity
  • Basis50 / 50 joint venture
  • Yield enhancement50% LTV · institutional · no repayments
  • AssetsTwo Norfolk freeholds + two trading businesses
  • EligibilityFCA HNW / Sophisticated (COBS 4.12)

Terms

  • Total investment~£5,250,000
  • Management fee2% p.a. on committed equity
  • Profit share50% to Aequitas (50/50 JV)
  • DistributionsQuarterly, pro-rata
  • Minimum hold3 years
  • Income · day one£534,000 p.a.
  • Income · after development£1,137,000 p.a.

Directed only at FCA-certified High-Net-Worth or Sophisticated Investors (COBS 4.12). Not a financial promotion to the general public, nor an offer or invitation to subscribe. By private arrangement, subject to formal documentation, due diligence and independent advice. Capital is at risk; projections are not a reliable indicator of future results. AEQ Management S.à r.l · Grand Duchy of Luxembourg · Aequitas Securitisation Fund F.T. · 14 Hanover Square, London. The site layout is an illustrative masterplan, subject to siting survey and planning consent; all figures are indicative and subject to confirmation. Prospective investors must satisfy themselves by inspection, due diligence and independent professional advice (Misrepresentation Act 1967).

Capital at risk. Past performance does not guarantee future results. For professional investors only.