Quayside, Burnham On Crouch, Essex, CM0

£2,000,000

Guide price

DESCRIPTION:

Priors Boatyard was established in 1892 and comprises some 42 acres of deep water full tide

swinging moorings together with shore berths, boat building workshops, offices and stores.

The business has been operated by four family generations with both international and

more recently institutional status. Having 100 moorings (licenced for 135) but given the large

acreage, could support substantially more. Full floating access pontoon with launch service, together with a 13 ton crane and 60 ton slipway. There exists a real prospect for parts of the land based properties/land to be used for a residential development scheme.

Location Burnham on Crouch is in the Maldon District of Essex, and lies on the north bank of the River Crouch. It is recognised as one of Britain's leading places for yachting. The civil parish extends 5 miles east of the town to the mouth of the River Crouch, and includes the hamlets of Creeksea and Ostend to the west, Stoneyhills to the north, and Dammer Wick, West Wick and East Wick to the east.

Method Of Sale This will be an asset sale, with the trading limited company disposing of land, mooring grounds (river bed), buildings, and the trading name if required.

Tenure The vast majority of the land, buildings and riverbed are owned freehold. In respect of 'The Poors Laying', this has traditionally been occupied under a Licence, but the landlords have shown their willingness to grant a commercial leasehold interest.

Business Rates We have been able to locate the following 2017 rating assessments:

The Wharf £14,250

Maltings Yard £14,250

Chapel Road: £4,200

Titles/Land To Be Included Freehold of:

EX922949 Buckingham Foreshore

EX922951 Customs House Foreshore

EX922953 Chapel Road on approx. 0.2 of an acre (9,000 sq.ft.)

EX898713 Maltings Laying

EX809439 Maltings Yard on approx. 0.4 of an acre (17,500 sq.ft.)

EX922950 River Laying

EX922952 Star Hotel Foreshore

EX923863 Town Laying

EX895388 Wharf (Workshop/Stores/Hardstanding) on approx. 0.3 of an acre (13,500 sq.ft.)

EX930697 Memorial Foreshore

Leasehold of:

The Poors Laying (Terms & Rent To Be Agreed With Landlords)

Legal Fees Each party is to be responsible for their own legal fees.

Arrange viewing 01702 781134

Dedman Gray

103 The Broadway, Thorpe Bay, Essex

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