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S P R I N G / S U M M E R 2 0 1 7
05
Source: British Marine
England
Wales
Scotland
Northern Ireland
Boat Park (ownership)
545,708 boats
49,669 boats
64,031 boats
14,183 boats
Industry Revenue
£2,788m
£69m
£102m
£24m
Goods/services produced by the
marine industry
£1,027m
£25m
£35m
£8m
Marine Businesses
3,909 firms
198 firms
296 firms
82 firms
Industry Employment
29,446 employees
1,035 employees
1,845 employees
382 employees
Median Marine Salary
£27,270 pa
£19,979 pa
£22,718 pa
£15,707 pa
Annual Boating Participation
2,934m participants 187,000 participants 284,000 participants 89,000 participants
The majority of the revenue generated
in the UK from the sector is derived from
businesses located in the south east and
south west of England, providing circa 31%
of the total each. This is mirrored by demand
from marina operators for new properties.
There are a number of proposals for new
marinas across the country including a 40
berth inland marina in Fort William and a 170
berth inland marina in Leighton Buzzard.
Demand for more facilities and moorings in
London is particularly high, as more people
adopt the lifestyle as an alternative trying to
keep up with continually rising house prices.
The number of people living on boats in
the capital has increased 57% since 2012,
suggesting that there may be opportunities
for development of residential moorings in
the region.
Very few marina transactions take
place each year, in some years,
none. As a result, when, marinas are
offered to the market they attract
a lot of interest from both lifestyle
purchasers and where meeting their
criterion, the national brands.
We have also noted a cross-over of mobile
home and holiday park operators expanding
into the sector.
The groups remain active. Tingdene
purchased Hartford Marina near Huntingdon
last year, taking their portfolio to nine marinas.
Dean & Reddyhoff took over Deacons Marina
on the River Hamble in March this year taking
their portfolio to five.
When marinas come up for sale those
with holiday moorings tend to attract
considerable interest. In general there tends
to be less interest in residential marinas
however if they are in the right location,
especially London and the south, they can
also attract multiple bids.
Savills provide an all round advisory service
in this area, from planning for development
to agency and valuations.
Brand
Number of
Marinas
Approximate number of berth
(including residential and visitor)
British Waterways Marinas Limited
19
2,500
Tingdene
9
2,000
Castle Marinas
7
1,586
Dean & Reddyhoff
5
1,995
Sorbon Estates
5
Unable to confirm
T H E T O P B R A N D S I N T H E S E C T O R