Annie for sale again

Somebody has put a bit on it this time.

Shared ownership

Shared ownership of Flying Aircraft, boats etc work well as the intended owners most likley know one another and are happy with the individuals and how they will operate. It is a foolish group that trys to get together without them actually meeting up, and sitting down together to agree the basics such as who looks after paperwork, who will provide the accomodation, who is in charge of restoration, maintenance etc. This all needs to be documented to avoid future confusion and issues. You also need to consider what will happen if a joint owner, wishes to leave, dies etc keeping in mind that they may also be a key person such as the provider of storeage. Oncging costs and how they will be raised and delat with needs to be a consideration as does the situation when some one cannot make a financial contribution can carrying out work or providing a service be a substitute. The group needs to have a clear definition about what is to happen to the item when it is finished and best of all to have an agreed home for it. A standard Flying Group contract would be a good starting point. Even a small group starting a museum should document what their amis are, who will do what, where thing will go, who will own them and what happens if this chnage.
If its just a group getting together to buy an artifact then the ultimate ownership needs to be considered as you can’t have 50 people all across the country chipping in to buy a cockpit, all having a say in what happens to it on a daily basis. If a multi person purchase is considered then it should be underatken on a “donation” basis with a formal group or an individual being the owner with all the benefits and issues that this brings.
This may sound a bit OTT but its pretty basic and may save a lot of stress and heartache in the future.

And these last couple of posts demonstrate exactly why shared ownership needs to be gone into properly, and i’d put money on the fact that most end in tears!

The centre section has been cut on either side of the fuselage so essentially there are now three parts to it. It has substancial corrosion on the wing stubs as these were stored outside at Llanbedr. Couple that with the fact that the wings were cut off roughly with disc cutters and it gives an idea of the work involved. To move her any distance in the U.K will cost £500 plus – the advert gives the information that she is advertised elsewhere for £6,000 –
restoration wise I would look at £10,000 in materials and realistically 5 years plus to get her anywhere near complete and on her legs.
Sorry to post a fairly gloomy outlook but the scrapman did her no favours when he chopped the wings off!

whos keen on the idea?

668

Martin…..NO!

:diablo:

Standing in corner suitably chastised. 😀

I am just about to start an Aviation Management degree. I need an aviation related project to gain some pratical experience.
And that is how I will justify spending money ( I dont have) on old aeroplanes.

Ben

Here’s some things to consider:

How much will it cost to move it?

Where will it be stored during the restoration, and how much will that cost?

What do you need to budget for parts and materials?

Who will work on it – and can they get there from where they live?

Where will it go when it is finished?

Not trying to rubbish the idea in any way – just introducing some issues that need to be considered.

Bruce

For the Shack’ it was £200, but then the asking price was known.

Yeah, what happened to that project? Haven’t heard about it in ages!

Anson Restoration

Give me two weeks in which to work with a few spanners and some screwdrivers and I could return Western civilisation to the thirteenth century. But I can write letters using the English language properly and do administration, surely items that any restoration would need plus, being retired, I have time. I’ll help.

For the Shack’ it was £200, but then the asking price was known.

In this instance who can say what, if any, interest it’ll get. Certainly worth £1K but two or more… eek 😮

.

So who is going to organise this.
Whats the share price.

Cheers

Ben

Matt,

Jest yee not, it’s been done before on the forum.

I’m up for it, especially now the start price is more realistic.

Anyone….?

.

would be good we complain about things such as lasham so why not do our own thing for aviation

but you need somewhere for it and it has to be centeral for people to get to and all that

God yes!!-but no experience unfortunately

Oh not again

Flypast forum anson restoration group? 😀

haha

Martin…..NO!

:diablo:

The centre section is cut in half – so yes, it’s a bigger job than you think.

Bruce