DEGANWY MARINA Freehold for sale
DEGANWY MARINA DEGANWY, CONWY, LL31 9DJ For Sale on behalf of The Crown Estate FREEHOLD Site area: 3.19 hectares (7.88 acres) Beautiful location on the Conwy estuary High quality, 5 Gold Anchor marina 165 pontoon berths providing a total berthing length of 1,811 metres Automatic tidal gate Hard standing / dry stack area Fuelling facilities Car parking on site Modern marina building with offices, showroom and workshop Excellent road communications via A55 North Wales expressway
LOCATION Deganwy Marina lies on the Conwy river adjacent to the town of Deganwy and forms the heart of a prestigious development built in 2004 on the Conwy estuary. Alongside the marina and forming part of the original development is the luxurious 4 star Quay Hotel and Spa and an executive housing development. THE MARINA Deganwy Marina is one of the finest and most modern marinas in the North West providing exclusive and select facilities for the discerning sailor and opportunities for a new owner. The marina is fully equipped offering berths for 165 craft on floating concrete pontoons and is entered via an automatic tidal gate. In a scenic location, across the water the marina faces 13th century Conwy castle hugged by the backdrop of the mountains of the Snowdonia National Park. North Wales offers superb sailing waters and facilities all the way along the coast with the harbours of Pwllheli, Caernarfon, Conwy, Porthmadog, Aberdovey, Barmouth, Holyhead and Beaumaris all within easy reach for experienced sailors, as are the English marinas at Liverpool, Fleetwood and Whitehaven. For the more adventurous, the Irish coastline beckons, and for the competitive there are many local regattas and competitions. Local shops and services are available in Deganwy with more extensive outlets at Llandudno Junction. Travelling over land there are opportunities to visit the nearby Victorian seaside town of Llandudno and to explore the Snowdonia National Park. The marina includes a hardstanding / dry stack area with boat stands, yacht cradles and travel hoist, car parking on site, and toilets, showers and laundry facilities in the marina building. In June 2015, the marina was awarded 5 Gold Anchors by the Yacht Harbour Association. MARINA BUILDING The marina building is located in a prominent position at the marina entrance. The building was completed in 2004 and is finished to a good specification. It is of steel portal frame construction with insulated cavity block work walling which extends to eaves height and has a rendered exterior. It has an insulated pitched slate roof; windows are tinted double glazed units in blue anodized alloy frames. Timber finishes are light oak and flooring is predominately floor tiles or carpets tiles. The majority of ceilings are suspended with recessed lighting. The marina is readily accessible being only a short distance from the A55 North Wales expressway which provides excellent road communications to Chester (44 miles), Liverpool (55 miles) and Manchester (80 miles). Rail services are available from Llandudno Junction nearby which also has a branch line to Llandudno with a station at Deganwy.
UNIT 1 Ground floor offices leased and occupied by Quay Marinas Limited for the management of the marina business which extends to about 88 square metres (946 sq ft) Gross Internal Area. In addition, Quay Marinas Limited also lease and manage the integral WCs, shower rooms and laundry facilities. UNIT 2 A ground floor workshop and chandlery with accommodation extending to about 28 square metres (301 sq ft) Gross Internal Area. UNIT 3 A small ground floor office currently occupied as an Estate Agents showroom with accommodation measuring about 24 square metres (258 sq ft) Gross Internal Area. UNIT 4 Arranged over two floors the accommodation comprises of an L shaped sales area including show room complete with large glazed doors leading out onto a boat park. A wide open staircase and a disability lift leads up to a large galleried reception lounge or further sales area on the first floor. Here there are five further offices, a fitted kitchen and disabled WC. In total the accommodation measures about 321 square metres (3,451 sq ft) Gross Internal Area. UNIT 5 Self-contained first floor office space benefiting from magnificent views over the estuary towards Conwy Castle. The accommodation measures about 80 square metres (860 sq ft) Gross Internal Area.
SERVICES Mains water, mains drainage, mains electricity and mains gas are all connected to the property. TENURE Deganwy Marina is registered freehold in the name of The Queen s Most Excellent Majesty in right of her Crown care of the Crown Estate Commissioners. The majority of the Marina is leased to Quay Marinas Limited and there are three further separate leases of occupational space within the marina building. RIGHTS OF WAY, WAYLEAVES & EASEMENTS The property is sold subject to and with the benefit of any rights of ways, wayleaves and easements that may exist whether or not they are defined in this brochure or in the documentation contained in the Data Room. FIXTURES AND FITTINGS Fixtures and fittings are included in the sale unless otherwise stated. A Schedule of Assets owned by the Seller and included in the sale is provided in the Data Room. Assets belonging to the tenants are excluded from this sale. For clarification on any particular item, please refer to the Joint Agents. TENANCIES Premises Tenant Date Term Rent Marina and Unit 1 Quay Marinas Limited 05/07/2016 21 Jan 2013 to 31 March 2018 147,148 pa Unit 2 Bryon McMurray 29/03/2016 5 April 2016 to 4 April 2019 2,500 pa Unit 3 Jean Hellon 18/03/2016 5 April 2016 to 4 April 2019 6,500 pa Unit 4 Vacant Unit 5 Deganwy Quay Limited 12/11/2015 12 Nov 2015 to 11 Nov 2018 12,500 pa SITE SERVICE CHARGE A Site Service Charge for the whole Development (including the marina, hotel and residential properties) is administered by Premier Estates. There are two service charge schedules. Deganwy Marina contributes 33% towards the Schedule A Service Charge, equating to average payments of 33,548 per annum over the last five years. At present 66.67% of this service charge contribution is recoverable under the occupational lease granted to Quay Marinas Limited. A summary of the Service Charges payable by Deganwy Marina is set out in the table below. Further information is available in the Data Room including the Service Charge Accounts and Rent Charge Deed. BUSINESS RATES Premises Rateable Value Marina and premises 40,000 Unit 1 Office and premises 7,400 Unit 2 - Workshop 2,300 Unit 3 - Office 2,750 Unit 4 Office and showroom 21,250 Unit 5 Office and premises 6,400 Year End Accounts Status Deganwy Marina Contribution 31/12/2013 Final 36,940 31/12/2014 Final 32,706 31/12/2015 Final 37,302 31/12/2016 Estimated 30,580 31/12/2017 Estimated 30,214 Average 33,548
ENERGY PERFORMANCE CERTIFICATE The property has an Energy Performance Certificate (EPC) rating of C. A copy of the EPC is available in the on-line Data Room. DATA ROOM An on-line Data Room is available containing copies of title documents, leases, planning documents, tax and financial documents. To register for access to the on-line Data Room, please email: cdoidge@vailwilliams.com. Applicants must specify their name, email address and telephone number(s). LOCAL AUTHORITY Conwy County Borough Council, Bodlondeb, Conwy, LL32 8DU Tel: 01492 574000 www.conwy.gov.uk METHOD OF SALE The property is offered for sale as a whole by private treaty. VENDOR S SOLICITORS Bond Dickinson LLP, Oceana House, 39-49 Commercial Road, Southampton, SO15 1GA Tel: 023 8020 8256 / 023 8020 8337 sarah.foden@bonddickinson.com / anthony.alderman@bonddickinson.com www.bonddickinson.com VIEWINGS Viewings are strictly by appointment with the Joint Agents.
Cooke & Arkwright One Central Park, Western Avenue, Bridgend, CF31 3TZ Tel: 01656 644644 rod.perons@coark.com www.coark.com JOINT AGENTS Jones Peckover 47 Vale Street, Denbigh, LL16 3AR Tel: 01745 812127 alice@jonespeckover.com www.jonespeckover.com Vail Williams 1000 Lakeside, North Harbour, Western Road, Portsmouth, PO6 3EN Tel: 023 9220 3205 ifroome@vailwilliams.com www.vailwilliams.com Important notice The Joint Agents for themselves and for the vendor of this property whose agents they are, give notice that: (1) These particulars do not constitute any part of an offer or contract. (2) All statements contained in these particulars are made without responsibility on the part of the Joint Agents for the vendor and nothing contained in these particulars will be relied upon as a statement or representation of fact. (3) Any intended purchaser must satisfy itself by inspection or otherwise as to the correctness of each of the statements contained in these particulars. (4) The vendor does not make or give and neither the Joint Agents nor any person in their employment has any authority to make or give any representation/warranty whatsoever in relation to this property or any services. (5) All terms quoted exclusive of VAT unless otherwise stated. (6) Services, equipment and facilities have not been tested. (7) Any measurements, areas and distances are approximate only. (8) Prospective purchasers should satisfy themselves by inspection or survey and are strongly advised to study all information contained in the Data Room and to take legal and property advice relating to the contents of the Data Room before making an offer. All measurements are in accordance with the RICS Code of Measuring Practice. Sales brochure produced in June 2017. Photographs were taken in May 2017.