* Freehold
* Freehold
For Sale By Public Auction on 08 February starting at 08: 30 am - **An Inland
Marina with circa 85 Berths, extensive ancillary buildings and a detached 3
bedroom bungalow, set in 6. 12 acres ( 2. 47 ha) or thereabouts**
The property comprises an established inland waterway marina originally
developed in the 1970s. The facility is approached along a recently resurfaced
private driveway with electric security gates leading to a car park with the
marina basin beyond. The office, chandlery and stores face the canal towpath
with the dry dock and bungalow at the southern end of the basin.
The marina basin extends to approximately 4. 46 acres and is predominantly
rectangular with direct access to the canal. There is fixed, serviced pontoon
mooring with capacity for circa 85 berths depending on craft size. The offices
and stores comprise a single storey building, overlooking the canal extending
to approximately 176. 94 sq. m. (1, 903 sq. ft) .
The dry dock facility comprises a steel frame building with painted block
elevations under a pitched roof extending to approximately 396. 44 sq. m. (4, 265
sq. ft) with dry dock, 2 workshops, office and WC. The dry dock will
accommodate a single narrowboat of all sizes.
Also included within the sale is a detached and extended 3 bedroom bungalow
with rear garden and spacious area to the fore.
The property benefits from a right of way access as denoted in blue on the
plan. Full title plans are available within the legal pack.
**Accommodation**
**Marina: ** Marina Basin with approx. 1, 500m (5, 000 sq. ft. ) of fixed mooring,
circa 85 Serviced Berths, Dry Dock with substantial Workshop, Chandlery,
Offices, Stores/Workship.
**Bungalow: ** Hallway, Kitchen, Reception Room, Utility, Bathroom, Three
Bedrooms.
**Location**
Fenny Marina is located on the southern arm of the Oxford Canal, just to the
east of the attractive village of Fenny Compton in the Warwickshire
countryside. The Oxford Canal passes through unspoilt countryside and is a
popular cruising waterway connecting the River Thames at Oxford with the Grand
Union Canal at Napton. The northern section of the Oxford Canal continues to
Coventry and from there to Birmingham via the Coventry Canal. Fenny Compton is
located close to the border of Warwickshire, Oxfordshire and Northamptonshire,
approximately 7 miles south of Southam and 9 miles north of Banbury.
**Tenure**
Freehold
**Plans/Aerial Photographs**
Any plans provided with these particulars are for identification purposes only
and their accuracy is not guaranteed.
**The Business**
The income is generated principally from the collection of mooring fees with
the marina offering a variety of rates depending on the length of craft and
term of the agreement. Additional income is generated by diesel, lpg, pumpout,
elsan disposal and chandlery sales. The dry dock is operated by the Director
as a separate business, who pays a rent of £1, 250 per month to the marina for
the use of the facility. Opportunities to increase the income include more
active management, boat sales, increased use of the workshop/stores areas and
dry dock. Further details are available within the legal pack.
**Auctioneer's Note**
Please note that the completion period for this property is 56 days.
Please note offers may be considered prior to the Auction Sale.
**Viewing Times**
Strictly by appointment with the Auctioneers.
**Live - streamed Auction**
Please note that the Auction will be livestreamed via our website. You can
take part remotely via Proxy, Telephone or Online, if you wish to bid you must
pre - register via our website no later than 3pm the day prior to the auction.
**Disclaimer**
Bond Wolfe or their Agents for the seller of these Lots give notification that
any particulars contained within the catalogue/website are prepared to the
best of their knowledge and all potential buyers should make their own
enquiries and investigations to the accuracy of the information contained in
these particulars. Any amendments to the particulars that Bond Wolfe are aware
of will be published on the addendum, which is available within the lot
information or on the Bond Wolfe's website.
***Definition of Guide Price and Reserve**
All properties are sold subject to a reserve price, which is the minimum price
the seller is willing to accept and is confidential between the seller and
Auctioneer. The guide price is only an indication as to where the reserve is
currently set and not necessarily the Auctioneers expectation of what it will
sell for. If the guide price is a bracket figure, then the reserve price
cannot be higher than the top end of the guide price, if the guide price is a
fixed figure, then the reserve cannot be more than 10% above the guide price.
The guide price and reserve price can be subject to change at any time up to
and including the auction day and, properties can often sell for substantially
more than the quoted guide price.
**Costs at Auction**
When buying at auction you will unconditionally exchange contracts on the fall
of the auctioneer's gavel, please therefore ensure you have read the legal
pack for each property prior to bidding. They are all individual and include
the terms and conditions of your purchase as well as any costs in addition to
the purchase price.
The sale of each lot is subject to an administration fee of £1, 920 inc VAT
(£1, 600. 00 + VAT) (unless otherwise stated in the important information),
payable on the fall of the gavel/at the end of the online auction.
Please note that the administration fee for the Local Authority lots may
differ and all interested parties should enquire directly with the Auctioneers
as to the fee applicable.
Any additional costs excluding the administration fee will be listed in the
Special Conditions within the legal pack and these costs will be payable on
completion. Any stamp duty and/or government taxes are not included within the
Special Conditions within the legal pack and all potential buyers must make
their own investigations. The legal packs and further information about buying
at auction are available on the Bond Wolfe's website.

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