BWML Down Sizing ?

[Hartlebury lad]

 

Some 10 years ago, having taken early retirement we were looking to buy a Marina, doing an internet / Google search revealed several for sale, we found Hermitage marina at Earith was for sale, but was sold before we could visit.

 

We were moored at Whixhall Marina and on discussion with the owners found they were looking to get out, so started negotiations, but, then BWML 'gazumped us' and secured it - they did then spend some £1m to upgrade it which we probably would have struggled to do after purchase, so maybe it was for the best.

 

Most agents will require a confidentiality agreement signed before information is provided - obviously leaking out the information can result in a loss of confidence and concerns about the business - "rocking the boat" so to speak.

 

Here is one of the agents we use (who are currently selling Braidbar Boats)

 

http://www.robertsonsurveyors.co.uk/property/braidbar-boats-ltd-clone/

 

At £950 it looks very reasonable for a house and business with those facilities.

 

You can now try to buy Whixall again if you want to. (taps nose.......)

[Alan de Enfield]

 

You can now try to buy Whixall again if you want to. (taps nose.......)

 

Too late its apparently 'under offer' - and - anyway now fully retired and past all that 'working' malarky

[Guest]

Alan de Enfield, on 12 Mar 2016 - 10:27 AM, said:

 

At £950 it looks very reasonable for a house and business with those facilities.

 

At 50 quid shy of a grand I would say 'very reasonable' is a bit of an understatement.........

 

..

Edited March 12, 2016 by MJG

[Alan de Enfield]

 

At 50 quid shy of a grand I would say 'very reasonable' is a bit of an understatement.........

 

..

 

Sorry - when you are used to looking at accounts in the Millions or 1000's, you forget that some people still work with pounds

[Guest]

Sorry - when you are used to looking at accounts in the Millions or 1000's, you forget that some people still work with pounds

I hope you aren't an accountant though??

[Derek Porteous]

Talking over the weekend to a employee of BWML,seems that there is a lot of "housekeeping" going on in the offices of various marinas.

Rumour Has it and it is only a rumour that there is a possibility of some of the marinas being sold off.

It is well known that overall they are a loss maker,but some of them do make a good profit Diglis Basin/Limehouse being two of them and are carrying the loss makers.

It is not known if true which ones maybe sold off,the loss makers or the money makers.

 

14Skipper

Aren't they meant to be building a new marina at Pennington Wharf, Leigh? Admittedly they said it would open last year and are now saying on their web page that it is "coming in 2016". No idea whether work has started yet although the houses seem to be progressing at a pace.