Idyllic Warwickshire canal marina brought to market by Bond Wolfe
A rare opportunity to acquire a fully let 22-berth canal marina set within approximately four acres of landscaped grounds in Knowle, near Solihull, has been brought to market by Bond Wolfe.
Bakers Lane Moorings, which has been under the same ownership for 19 years, is being offered for sale with offers in excess of £600,000 invited.
The marina occupies an idyllic setting with access directly from the highly sought-after Bakers Lane, where residential properties have sold for as much as £3.3 million within the last 12 months.
The freehold investment currently generates a gross income of £53,900 per annum, with significant potential for rental growth. The estimated rental value is approximately £93,000 per annum.
James Mattin, Managing Director at Bond Wolfe, said:
“This is an exceptional lifestyle investment opportunity with huge potential and a rare chance to acquire an idyllic slice of Solihull countryside.
“The marina is extremely popular, with a long waiting list of potential tenants, while the difference between the current income and estimated rental value demonstrates the considerable rental growth potential available to a new owner.
“The site extends to approximately four acres of landscaped grounds with access directly from Bakers Lane. Opportunities like this are extremely rare, and we anticipate strong interest.”
Bakers Lane Moorings comprises a 22-berth off-line marina on the Grand Union Canal and combines an established income-producing investment with an attractive countryside location.
Its position in Knowle provides a balance of rural surroundings and accessibility, with Solihull and the wider West Midlands within easy reach.
The sale follows our previous successful disposal of Fenny Marina at Station Fields in Fenny Compton, near Southam, Warwickshire.
The 85-berth marina, situated on the southern arm of the Oxford Canal and including a three-bedroom bungalow and extensive outbuildings, was sold the day before it was due to go under the hammer at auction.
James Mattin added:
“Our previous sale of Fenny Marina demonstrated the demand that exists for these specialist assets. Bakers Lane Moorings combines an established income with considerable growth potential in a particularly desirable location.”
Bakers Lane Moorings is being offered freehold with offers in excess of £600,000 invited.
For further information or to arrange a viewing, contact Bond Wolfe’s commercial agency team on 0121 525 0600.