Premier Marinas is up for sale, with an asking price in excess of £220million, the company has confirmed.

Premier Marinas is up for sale, with an asking price in excess of £220million, the company has confirmed.

Established in 1994, Premier Marinas Limited owns and operates eight UK marinas, including Sovereign Harbour  in Eastbourne, East Sussex; Brighton Marina in East Sussex; Chichester Marina in West Sussex; Southsea, Port Solent, Gosport and Swanwick marinas in Hampshire and Falmouth Marina in Cornwall.

The sale is being handled by the investment bank Lazards.

A spokesman said: ‘The business plan for Premier Marinas has reached a stage which makes a sale the right option for the business.

‘Premier has a number of future growth opportunities in the UK and abroad which cannot be taken under the current ownership.’

Port Solent Marina

Port Solent Marina. Credit: Premier Marinas

 

The PBO 2014 Marina Price Guide

PBO’s unique annual guide features 259 coastal marinas around the British Isles with regional and national price rankings, plus information…