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THE Crown Estate, has announced it has bought Burnham on Crouch Yacht Harbour.
Purchased from East Coast Marinas Ltd, the 350 berth marina, which sits on the north bank of the River Crouch, outside the town of Burnham on Crouch, is home to the famous Burnham Week, the longest running annual yachting regatta on the UK mainland.
The yacht harbour now joins many other prestigious holdings of the Crown Estate, including Regent Street in London, Windsor Great Park and Ascot Racecourse.
Burnham Yacht Harbour includes 350 fully serviced pontoons, boatyard, chandlery, yacht brokers and The Swallow Tail bar and restaurant which overlooks the marina.
The sale constitutes all the land, buildings, seabed, fixed assets and pontoons that form part of the marina.
Burnham Yacht Harbour Marina Limited has entered into a fifty-year lease with The Crown Estate to operate the marina.
Rob Hastings, Director of the Marine Estate at The Crown Estate, said, "We are delighted with this latest purchase as part of our marine leisure investment strategy. Burnham Yacht Harbour is an invaluable resource to the sailing community on the east coast and will be a great addition to our growing marina portfolio."
Purchased from East Coast Marinas Ltd, the 350 berth marina, which sits on the north bank of the River Crouch, outside the town of Burnham on Crouch, is home to the famous Burnham Week, the longest running annual yachting regatta on the UK mainland.
The yacht harbour now joins many other prestigious holdings of the Crown Estate, including Regent Street in London, Windsor Great Park and Ascot Racecourse.
Burnham Yacht Harbour includes 350 fully serviced pontoons, boatyard, chandlery, yacht brokers and The Swallow Tail bar and restaurant which overlooks the marina.
The sale constitutes all the land, buildings, seabed, fixed assets and pontoons that form part of the marina.
Burnham Yacht Harbour Marina Limited has entered into a fifty-year lease with The Crown Estate to operate the marina.
Rob Hastings, Director of the Marine Estate at The Crown Estate, said, "We are delighted with this latest purchase as part of our marine leisure investment strategy. Burnham Yacht Harbour is an invaluable resource to the sailing community on the east coast and will be a great addition to our growing marina portfolio."