Value of a mooring?

[ylop]

Wondering if anyone can give me an idea on how to value a second hand mooring? Assuming all the gear is in good nick, its been serviced this year, its in a highly desirable part of the west of Scotland... part of this is obviously just "availability" but I'm also interested in what it would cost if there was capacity to get your own mooring fitted.

Are they worth more/less depending where in the bay they are?

 

[dutyhog]

When I sold one (Argyll) I estimated depreciation on all costs, some being recently replaced items, and asked for that. No addition for desirability of location, although the cost was enhanced by the extra expense of getting any work boat to travel to this “remote” bay to lay and sometimes replace riser etc over many years. I was only interested in covering my costs minus deterioration. And it covered the cost of getting a new mooring put in a location much more accessible to workboats.

 

[gordmac]

Roughly £1k to lay a new one I would say.

 

[ylop]

Ok so if you were buying a mooring for a standard sub-40’ yacht it would need to be somewhere special to justify £4-5k. Do people pay more for ones with a shorter row/motor?

 

[LadyInBed]

A local survey would soon tell you

 

[pandos]

Surely the value must be mostly related to the difficulty of being permitted to lay a mooring on a particular location... Plus the cost of the gear and of having it laid (if one does not want to lay it yourself)

 

[William_H]

The 3 most important factors in pricing a mooring 1.location 2. location3. location. Chain gear etc deteriorates fairly rapidly. So of little value. ol'will

 

[Refueler]

Don't know if its changed ... but surely in UK ... you can only sell the 'tackle / gear' and 'Interest' ... the actual seabed is not included.

 

[ylop]

Surely the value must be mostly related to the difficulty of being permitted to lay a mooring on a particular location... Plus the cost of the gear and of having it laid (if one does not want to lay it yourself)

yes, in essence that is my question. That is determined not by the cost of the hardware but by the market demand. I believe this particular mooring field is “full” (otherwise clearly some old rusty chain can never be worth more than the cost of laying new chain).

there are other mooring associations not that far away who do seem to have capacity to add new moorings. They may be slightly less well served for shore facilities etc? No real difference for sailing.

Don't know if its changed ... but surely in UK ... you can only sell the 'tackle / gear' and 'Interest' ... the actual seabed is not included.

Correct. So you are buying used (but inspected) mooring tackle, but presumably there is some value in essentially buying yourself ahead of the waiting list.

whilst you could say, like all things, that depends what it’s worth to me - if I was going to spend £5K on something I’d want to know if I decided after 12 months that I’d rather be in a marina, or a different location, or I had to sell the boat if I’d be likely to sell that “assset” (physical and intangible) that I could get £x for it.

A local survey would soon tell you

From a surveyor? The same surveyor you would use for a yacht?

 

[awol]

Ah, the perrenial dichotomy of cost versus value. A mooring, say, within the Dunstaffnage Bay mooring association area with access to dinghy/motor storage and pontoon access is regarded as more valuable (and scarce) than a spot in an inaccessible bay but the tackle cost is the same. Such a desirable mooring, annually serviced, should retain its value and is an asset but beware possible mooring association terms which may, despite your expenditure, contain terms prohibiting sale or transfer to anyone but the next on the waiting list.