Property for sale

* £12,500 *

BERTH 5, EMERALD QUAY. 8M MOORING.

Emerald Quay Marina – Berth information
Electrical connection: There are 3 shared sockets on each main pontoon.
Water supply: There is a locked box containing a tap for the sole use of the berth holders.
Overnight stays: Occasional overnight stays are permitted but long-term or “live aboard” is not permitted.
Flood gates: These are not restricted, unless locked following Environment Agency instructions due to forecast high flood risk.
Service charges: Each berth is responsible for 1/20th of the costs related to the marina, demanded on an annual basis and payable within 14 days. These include items such as management fees, utilities (water and electricity), dredging, maintenance and repairs to the marina, pontoons and tidal gate.
Lease term: The term is 96 years from 7 March 2015, expiring on 6 March 2113 and must be registered at the Land Registry following completion.
Registered Office: The Estate Office, 12a The Quay, Emerald Quay, Harbour Way, Shoreham-by-sea, BN43 5JP Registered in England No 3156808
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Berth Holders pay 1/20th of any maintenance costings. In 2024 continued maintenance and dredging will be CIRCA £1,250 .. for this year .. then ..
From then on Adur Property Management, the managing agents for the Moorings at Emerald Quay suggested they are looking at a fee of £100pcm / £1,000 per annum for the upkeep and maintenance. So from 2025, once the major dredging has been completed they estimate to manage the Basin properly this will cost each berth holder CIRCA £1,000 per annum.