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South Yorkshire, DN8

£1,500,000

£6.89 per sq ft

Business rates & charges may apply

CROSTHWAITES, Crosthwaites
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

Generally

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

Approximate location

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

About CROSTHWAITES, Crosthwaites

Salisbury, SP5 4LR

Notes

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Disclaimer - Property reference BlueWaterMarina. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by CROSTHWAITES, Crosthwaites. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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