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C172K 1/8 share

PostPosted:Sat Jun 12, 2021 8:18 am
by baronbombburst
1969 Cessna C172K

1/8th Share for sale £6000.

The engine was zero-time rebuilt and the prop replaced last year. The engine now has approx 180hrs. The engine is still under warranty. The rudder was also replaced recently and we have just had new leather front seats fitted.

8.33 RADIO
VOR
DME X 2
Transponder
ADF

Monthly fixed costs are £60 to the syndicate account. The hourly rate is currently £39hr plus the cost of 31ltrs fuel. Which works out to be approx £85hr.

The aircraft is operated from, and leased to Waddington Flying Club. Booking is done through E-Allocator. The prospective buyer will have to become a member of the Waddington Flying Club (Service or Ex-Service ideally, but not essential) at a cost of £15 per month.
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Re: C172K 1/8 share

PostPosted:Thu Jun 17, 2021 7:57 am
by Boxkite
As well as the 8 owner-members, do the members of the flying club also have access to it?

Re: C172K 1/8 share

PostPosted:Sun Jun 20, 2021 8:29 am
by baronbombburst
Yes, but at a higher hourly rate.