Seneca V Shares for Sale

A Rare Opportunity To Join Our Group And Use
One Of The Best Equipped Seneca V's in the U.K

FLEXIBLE BUY-IN & FINANCE OPTIONS AVAILABLE

Performance & Hours

VERY LOW HOURS

Airframe 1365 Total
Engines Both 458 SMOH
Propellers Both 458 SMOH
All ADs etc. Complete
Always Hangared
AS AT FEBRUARY 2022

PERFORMANCE

175 kt Cruise @ 80 LPH
25,000 feet ceiling
Carry 6 people in luxury
975 mile range
FIKI Capable

Loaded With Accessories

Garmin Glass Cockpit
Traffic Avoidance System
Terrain Avoidance System
Colour Weather Radar
Stormscope
Satellite Data & SMS Link
Bluetooth Music System
Built In Oxygen
Piper Aire Air Conditioning
Wireless FPL Transmission
Panel Mounter iPad
iPad Mini Yoke Mounts
USB Charging Points
Propeller Synchrophaser
PLB / ELT
Touring Towbar & Cover
Life Jackets
Passenger Drink Cooler & Table

...and more !

Avionics

Panel Mounted iPad (2nd PFD)
Golze ADL140 Satelite Weather
Garmin Flightstream 210 Bluetooth FPL Transfer
Garmin GTS800 Traffic System
Bendix King RVR2000 Colour Weather Radar
BF Goodrich Stormscope WX-500
JPI EDM 790 Engine & Fuel Monitor
Panel Mount USB Chargers x 4
Garmin G500 PFD/MFD w/ Synthetic Vision
Garmin G5 Standby PFD & 2nd Altimeter
Analogue Standby CDI & Turn Coordinator
Garmin GMA350c Bluetooth Intercom
Bendix King AeroCruze 230 Autopilot
Dual Garmin GNS430W GNSS / NAV / COM
Bendix King KN64 DME
Bendix King KR87 ADF
Garmin GTX330ES Mode S Transponder

Interior

We think the interior is outstanding.


We carried out an extensive refurbishment project in August 2018 and replaced with new carpets and side walls. The leather seats and trim were also removed and treated to a thorough restoration process, and we think they are as good as new.


Decals were painstakingly reproduced and replaced, and the plastic trims attended to.


See what you think when you view the aircraft, but we think this is example of the Seneca V is as close as it gets to a factory finish refurbishment.

Group

The aircraft was acquired by the current group in 2016 - very much as a refurbishment project. 

Following a landing incident in 2011, the aircraft was disassembled and stored. Two of the owners saw the potential and, having negotiated the purchase, arranged for the component parts to be transported to Aerotech, Coventry for the rebuild to commence. 

Alongside the reassembly of the fuselage and flying surfaces, the engines were overhauled by Nicholson-McClaren, and the propellers by Brinkley’s. The opportunity was taken to undertake a detailed refurbishment of the airframe as well as installation of an updated avionics suite (by Sharman Avionics, Sywell) to include a Garmin G500 with synthetic vision with full autopilot integration, a Garmin Traffic Awareness System and many other new items.

To optimise engine management an EDM790 multichannel engine monitor was added. In addition a comprehensive reworking of the the interior - seats, carpets and sidewalls - was completed. The aircraft first flew again in July 2017.

We aim to be a friendly and knowledgeable group who work to maintain and operate the aircraft to a high standard. One of the group members is a multi-engine class and instrument rating instructor and examiner thus instruction is available so as to get the best out of the aircraft.

Based at Liverpool - EGGP
Inclusive Handling & Refuel Service
Excellent On-site facilities
Easy Access To Aircraft
Fully Instrument Capable Airport
Well established group
Group Owned GPU

Paul looking proud after completion of the aircraft's initial restoration in 2017

Typical Pricing

Shareholder

£400

per month (inc. VAT)

* based on 5 shares


Includes Exclusive Hourly Wet Rate
Budgets For Routine Maintenance
Includes Handling Facilities
Includes Database Updates
Includes Satellite Data Pack
Use of Group Equipment & Facilities
Excellent Availability

Frequently Asked Questions

What is the hourly exclusive wet rate?

We invoice each shareholder based on the airborne time and actual fuel used, as shown on the EDM790. The current rates are £60 per hour and £1.78 per litre excluding VAT. This equates to around £270 per hour including VAT when flown at normal cruise settings. This means you are not charged for time carrying out ground checks, and if you use more economical settings (e.g when training) you can reduce your hourly costs.

Why are you selling shares?

One of the current group has to relocate related to his work and therefore wishes to sell his share, which opens up a fantastic opportunity.

What is the likely value of a share?

We recently had the aircraft valued professionally, and we believe a fifth share is worth around £54,995. We all recognise that most people will not have this sort of capital laying dormant in a bank account, and we are more than happy to discuss options we have that would allow a share to be bought over a period of time, rather than outright at the beginning.

Cheshire Aircraft Leasing Ltd, Hunters Moon, Hollins Lane Antrobus Cheshire CW9 6NL

Company No. 10175777, Registered in England & Wales.

Copyright © 2019 Cheshire Aircraft Leasing Ltd. All Rights Reserved.

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