alldownwind
Well-Known Member
I gather that the yard at Paglesham is up for sale. Anyone know if someone is lined up to take it over?
Paglesham
- Thread starter alldownwind
- Start date
moondancer
Well-Known Member
They wanted a lot of money for it when they tried to sell it 18 Months ago. I felt it was about double what it was worth.
FullCircle
Well-Known Member
I wouldn't mind taking that over. Grossly under utilised again at the moment.
Fire99
Well-Known Member
could be a nice spot for a good yard/marina.
I wouldnt want it to get as big as when it was with Essex boatyards.. The road access really isnt up to articulated lorries hauling giant fairlines too and fro.
I wouldnt want it to get as big as when it was with Essex boatyards.. The road access really isnt up to articulated lorries hauling giant fairlines too and fro.
muckypup
Well-Known Member
Giant Fairlines = Lots of ££ = new road! = more Fairlines = profit!
/forums/images/graemlins/smile.gif
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/forums/images/graemlins/smile.gif
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ex-Gladys
Well-Known Member
...you've obviously never driven down that stretch of deep potholes then....
muckypup
Well-Known Member
We can dig up a stretch of the A5 and simply lay it on top....
Steve
Steve
rubberduck
Well-Known Member
Why make it worse than it already is. /forums/images/graemlins/laugh.gif
moondancer
Well-Known Member
IIRC IMHO one of the main reasons for the move was planning constraints around use of the land and access to the water. The residents were getting pretty hacked off with the disruption.
Mitchells and Goodbourne displaced from Essex Marina have now set up shop there.
The Essex Boatyards business model was fairly unique and they were the only people to approach motorboat sales in a similar vein to a large scale car dealership, taking direct ownership of stock. It took them around ten years to get the place from a muddy bog selling junk on brokerage to the slick operation that outgrew the location.
I think it would be difficult, and require significant capital, to repeat that success on the same location a second time. The yard can generate some income as a repair shop - but it is a bit limited through both road and sea access. From a sailing boat point of view - there isn't the liquidity in the market to support the same model which is why the secondhand market is all brokerage.
Good luck to anyone ho tried though.
Mitchells and Goodbourne displaced from Essex Marina have now set up shop there.
The Essex Boatyards business model was fairly unique and they were the only people to approach motorboat sales in a similar vein to a large scale car dealership, taking direct ownership of stock. It took them around ten years to get the place from a muddy bog selling junk on brokerage to the slick operation that outgrew the location.
I think it would be difficult, and require significant capital, to repeat that success on the same location a second time. The yard can generate some income as a repair shop - but it is a bit limited through both road and sea access. From a sailing boat point of view - there isn't the liquidity in the market to support the same model which is why the secondhand market is all brokerage.
Good luck to anyone ho tried though.
muckypup
Well-Known Member
Would it not be cheaper to simply buy a field next to the river and dig it out? Throw a few pontoons in and overcharge fairline owners to moor there....It looks like thats the way BYH was done!
(princess owners would get a discount obviously /forums/images/graemlins/smile.gif)
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(princess owners would get a discount obviously /forums/images/graemlins/smile.gif)
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rubberduck
Well-Known Member
You buy the field, I'll drive the digger. /forums/images/graemlins/grin.gif
muckypup
Well-Known Member
/forums/images/graemlins/mad.gif ... but thats the fun bit!
S.
S.
Mudplugger
Well-Known Member
You could alway,s have a look @ Flag Creek (top end of Brightlingsea) understand that that has come on market @ 650k for seven acres, House, Outbuildings & moorings....not alot of water at lo tide tho!
RMA
Well-Known Member
I am told (by a usually reliable source) that the price is £1.4M. Also that the previous owner of Essex Marina is proposing to build another marina on Wallasea Island (actually I have now heard that one from two seperate sources).
alldownwind
Well-Known Member
I saw on the News the other week that they plan to let part of Wallasea return to saltmarsh by breaching the sea wall - I did wonder how much of it would be left dry!
MoodySabre
Well-Known Member
The RSPB want to return all of the island to wetlands. On this page RSPB website there is a download pdf with a proposed plan.
