South Yorkshire, DN8
- SIZE AVAILABLE
217,800 sq ft
20,234 sq m
- SECTOR
Leisure facility for sale
Key features
- 100 MOORINGS IN ATTRACTIVE 5 ACRE SITE
- PROFITABLE BUSINESS
- POTENTIAL FOR BOAT SALES & REPAIRS
Description
The marina is situated on the north side of the canal, having been developed from an orchard, it still has apple trees providing a pleasant setting for the moorings. The site extends to about 2 has (5 acres) including a slipway and about 3,000m2 (0.75 acre) of hardstanding for storage/working on boats and sales area.
The c.100 moorings are within an off-line marina basin and online moorings.
Marina Basin
The rectangular basin is connected to the canal by a cut at the eastern end. It comprises about 80 narrowboat berths up to 65 feet, about 4,300ft in total. The jetties were renewed in 2022.
On-line moorings
There are 28 online moorings of which 13 are special garden moorings.
Other facilities
* Office and moorers' clubhouse
* Facilities building providing shower & WCS, and sluice.
* Slipway
* Container and shed storage
* Electricity and water
Car parking
There is ample hardstanding car parking available.
Tenure
The property is held leasehold from Canal & River Trust with 54 years remaining and security of tenure under the Landlord & Tenant Act 1954. The current rent payable is £17,639pa with a rent review due on 29 September 2025.
The Business
The business is operated by Blue Water Marina Ltd. It is a family business, currently managed part time, and as such we would expect a proactive operator to significantly improve the trading performance.
The main income is from letting the moorings with the headline rate for a pontoon leisure mooring at 75p / per ft / per week + VAT (equating to an annual rate of c. £128 per metre + VAT). It should be noted that the mooring rate is significantly less than that of competing marinas.
Additional income is generated from hardstanding boat storage, letting containers and stores; haul out; blacking; diesel, gas and electric; and some limited brokerage.
Total income for the year ended 30 November 2024 was c. £300,000.
Brochures
South Yorkshire, DN8
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Thorne South Station0.1 miles
- Thorne North Station1.3 miles
- Hatfield & Stainforth Station3.0 miles
Notes
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