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£1,200,000Marine property for sale
Upper Quay Marina, Fareham
Marine property
Features and description
- Unique 65-Berth Marina in Upper Fareham Lake
- Perfect Location adjoining Park near Town Centre
- Freehold Marina with Waters under Long Lease from Crown Estates
- Detached Sail Loft with Office & Income Potential
- Berth-Holder Facilities Including Changing & Shower Building
- Scope for further Development Potential
- Potential Gross Yield of over 9% pa
- Ideal Lifestyle Purchase & Business Opportunity
Fry & Kent are delighted to market for sale this unique 65-berth MARINA situated in an IDYLLIC backwater location along Upper Fareham Lake, Hampshire, just off the A27 close to Fareham Town Centre and the park. The waters at this long-established BOATING facility are held under the terms of a long lease from Crown Estates while the marina, which is self-managed by the current owner, includes shower facilities together with a detached SAIL LOFT building with offices, large store, workshop, kitchen and bathroom, offering additional income potential. The building, consisting of the sail loft and the workshop/office below has, under a change of use, residential conversion potential into two units. The adjoining land may have development potential, subject to all necessary consents being obtainable, in line with adjoining residential development. The Crown Estates lease also allows for additional berths, if required, offering potential for further income and expansion of the business. Serious interested parties should contact us to discuss current income and arrange a viewing appointment of this rare business opportunity.Railway arches held on a long lease from Railtrack.
Tenure: Freehold
Tenure: Freehold
Property information from this agent
About this agent
![Fry & Kent - Southsea](https://s3-eu-west-1.amazonaws.com/images.agentsmutual.co.uk/agents/companies/375/200813101425629/logo-original.jpg)
Our Company has been at the centre of the Portsmouth & South Hampshire property market for over 40 years and during that time has established a reputation for professionalism, integrity and a way of doing things which sets us apart from the competition. The Drayton Office covers , the Northern End of Portsmouth and `Hillslopes` incorporating Drayton, Bedhampton , Farlington & Cosham and all surrounding areas from Fareham in the West to Havant ,Emsworth & Hayling Island in the East and North to Waterlooville , Horndean & Rowlands Castle,