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Long Term Mooring Price Review for Sites Within The

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Long Term Mooring Price Review for Sites Within The RE-PRICING OF 12 MONTH MOORING PERMITS 2015 MOORINGS AREA REPORT FOR N E MIDLANDS Introduction This report provides the rationale for mooring price decisions for 2015. VAT is payable at the rate set by the government for the date when the permit is purchased. Profiles of privately operated sites in the area are appended. We researched and compared their prices with the Canal & River Trust rates to inform our judgements, but because this data is commercially sensitive it has not been included. Local market overview This mainly river area is convenient for the populations of Nottingham, Derby, Leicester, and the smaller towns of Beeston, Long Eaton, Ilkeston, Stapleford and Loughborough. It comprises the Upper Trent, River Soar, Erewash, Nottingham & Beeston Canals and most easterly section of the Trent & Mersey. They are generally semi-rural in character. In addition to CRT long term moorings there are approximately 3400 boats registered on private moorings in the same area. Thus the total market comprises circa 3600 berths. Analysis of auctioned vacancies Total Auctions (inc. Relists) Total Total Current Since April Successful No. of Site Name Capacity 2012 Auctions Bidders Holme Lock 7 1 1 2 Bishops Meadow 24 23 9 15 Beeston Lock Offside 15 13 5 8 Egginton 19 23 10 13 Willington West 9 4 2 2 Willington East 11 6 3 7 Findern Linear 11 7 4 8 Sawley Lock 10 16 6 7 Cranfleet Offside 13 5 2 1 Cranfleet Towpath 13 5 3 4 NE Mids 2015 jw rev final.docx5 Page 1 of 6 Private operator reference sites We have identified the following privately operated mooring sites as being the most relevant to the CRT sites for price comparison purposes Langley Mill Basin Sileby Mill Offline Redhill Marina Offline Mills Dockyard Sileby Mill On Redhill Marina Online Navigation MGM Boats Trevithick Marina Meadow Farm Marina Barrow Boating Mercia Marina Offline Nottingham Castle Marina Stenson Marina Meadow Farm Marina Sawley Marina Online Chapel Farm Marina Platinum Pillings Lock Marina Shardlow Marina Beeston Marina East Midland Boat DMBC Long Eaton Marina Services Online Crockers Farm Davison's Moorings East Midland Boat Services Offline Old Junction Boatyard Offline Kegworth Marina Brief profiles of CRT and these privately operated sites are summarised in the appendix. Challenges to Pricing Decisions We have made the pricing recommendations below based on a thorough review of auction results and local knowledge. It is our policy, set at Board level, to set prices which reflect market rates and to compete fairly with private operators. The Trust has neither powers nor duty to provide subsidised moorings. If you feel that the price decision made for your mooring site is unjustified having read this report, we ask that you write to the Head of Direct Managed Moorings explaining why you think it is the case. Please explain the reasoning for your challenge including evidence such as price and descriptions of nearby privately operated mooring sites. We will not amend the price without this evidence. We will consider your representation and respond in writing within two working weeks. If you are not satisfied with the response, you may request that the matter is dealt with through our formal complaints procedure. NE Mids 2015 jw rev final.docx5 Page 2 of 6 Pricing conclusions The table below summarises our site-by-site conclusions across the area. Prices include VAT @ 20%. 2014 Price from Site Name Notes on pricing decision Price April 2015 Erewash Canal Trent Lock House Boats £113.31 £118.97 Popular area, successive assignability, garden agreements. Trent Lock Wharf £113.31 £124.92 [R] Residential No churn for many years. Very good network access. Nottingham & Beeston Canal Popular site, some churn. 3 auctions in past 12 months, 1 secured at guide 1 above guide and 1 at Beeston Lock £101.18 £103.70 reserve. River Soar Bishop Meadow Offside £89.92 £85.42 High churn, some vacancies fail repeatedly, facility block still closed. Price reduced to try and improve sales. Bishop Meadow £123.64 £126.73 [R] Residential Popular site which is at full capacity. Auctions sell well usually above guide. River Trent Holme Lock Topside £97.79 £97.79 Hydro Electric plant currently being constructed on site, Craft moved to towpath, some disruption. Additional facilities installed. Holme Lock - Permanent £103.40 £103.40 Lowside Some disruption due to construction works. NE Mids 2015 jw rev final.docx5 Page 3 of 6 2014 Price from Site Name Notes on pricing decision Price April 2015 Stoke Bardolph Lock £78.23 £78.23 Sunken craft now removed, quiet backwater location. Vacancies to be auctioned. Sawley Lock £103.40 £103.40 Some churn recently. Site would benefit from electric hook up, 3 current vacancies to be auctioned with reserve set at 75%. Cranfleet Towpath £85.94 £85.94 4 current vacancies to be auctioned at 75% reserve - Good network access Cranfleet Offside £94.00 £94.00 Site currently full - Good network access Trent & Mersey Canal Egginton £71.08 £72.85 5 craft left site in 2014, Some churn but has sold well at auction Willington West £99.89 £104.88 Popular site, little churn, no problem filling vacant berths when they occur, some recent spot dredging on Willington East £99.89 £104.88 site. Findern Linear £84.30 £88.52 Very popular site, no churn in last 12 months, site currently full. Jenny Whitehall Head of Direct Managed Moorings NE Mids 2015 jw rev final.docx5 Page 4 of 6 APPENDIX Mooring site comparisons Site name Setting Mooring amenity Facilities Rural setting, privately managed. Central to many Crockers Farm - Rural offside marina location. 120 berths Refuse, shared water, car parking, some storage for navigational junctions – Soar, Trent, T&M, Erewash equipment privately managed, urban. Close to Langley Mill semi urban secure site, pub and petrol Langley Mill Basin - Refuse, elsan, toilets, some storage for equipment, shops station close by diesel and gas, boat repair Urban offside. Close to Nottingham City. Boat yard Trevethicks Boat yard Offside hard edge setting Refuse, boat yard, dry dock, shared water Shared water, refuse, car parking on site, elsan, pub, Stenson Marina Rural offline marina Offline pontoons and hard edge pumpout, showers, diesel, gas, boat repair, chandlery, electricity Shardlow Marina Rural offline marina Offline pontoons and hard edge Shared water, refuse, car parking on site, elsan, showers, diesel, gas, boat repair, chandlery Rural, specialises in the restoration and rebuild of Mills Dockyard - vintage wooden boats. Central to many navigational Offside linear Refuse, car parking, boat yard, diesel and gas, junctions – Soar, Trent, T&M, Erewash electricity, shared water Close to Leicester and Thurmaston village. Semi MGM Boats - Offline marina Shared water, car parking, elsan, toilets, showers, some urban location. storage available, boat yard, diesel, gas Rural location close to village local amenities. Off Barrow Boating - Offline basin Refuse, showers, toilets, elsan, boat yard, diesel, gas, navigation chandlery, café, shared water point, day trips, café Nottingham Castle Urban location close to Nottingham City centre Large offline marina (approx 200 berths) Full range of facilities inc dedicated electric, very secure Marina - site with pub adjacent. High quality Swarkestone B Club - Rural off navigation. rural offside canal arm Shared water point, elsan, toilets, clubhouse Shared water points, elsan, toilets, diesel, gas, Dobsons Yard - Semi rural adjacent to village of Shardlow. Offside Offside boat yard chandlery, wet dock, boat yard, electricity, refuse close to 2 pubs, shop O.75 miles away Privately managed, urban. Close to Langley Mill At end of Erewash Canal, semi urban Great North Basin - shops basin, pub and petrol station close by Refuse, toilet, elsan Rural, large marina. Central to many navigational Very large offline marina (approx. 600 Full range of facilities including dedicated electric, very Sawley Marina BWML junctions – Soar, Trent, T&M, Erewash berths) secure site with CCTV, Chandlery, Brokerage and pub adjacent Rural offside. Central to many navigational junctions Derby Motor Boat Club - – Soar, Trent, T&M, Erewash. Adjacent to Sawley Large Offside club with approx 125 berth Shared water points, refuse, toilets, electricity for some Marina berths, boat yard, club house Rural offside moorings. Central to many navigational Nottingham Yacht Club - Offside linear, hard edged junctions – Soar, Trent, T&M, Erewash Shared water point, clubhouse, NE Mids 2015 jw rev final.docx5 Page 5 of 6 Site name Setting Mooring amenity Facilities Close to local amenities (Beeston town centre) Close Toilets, elsan, showers, some berths have electric, Beeston Marina - to many navigational junctions – Soar, Trent, T&M, On line river marina with floating pontoons shared water, chandlery, parking, café, pub, boat yard, Erewash general store, diesel, gas, refuse Urban, town centre 1 mile away. Close to many Long Eaton Marina - Offline canal marina navigational junctions – Soar, Trent, T&M, Erewash Shared water points, refuse, elsan, toilets Rural, adjacent to destination site. Central to many Davison's - On line offside hard edged navigational junctions – Soar, Trent, T&M, Erewash Refuse Local authority managed river marina in semi rural Colwick Marina-Off line location close to Nottingham City Centre. country Offline river marina berths Shared water points, refuse, toilets, elsan, electricity, park setting, Holme Pierrepont nearby club house/bar, boat yard, some on site storage Local authority managed river marina in semi rural Colwick Marina-Online location close to Nottingham City Centre, country On line river marina berths, rise and fall Shared water points, refuse, toilets, elsan, electricity, park setting. Holme Pierrepont nearby club house/bar, boat yard, some on site storage Offline brand new marina, close to Willington village, Full range of high quality facilities including dedicated Mercia Marina Offline large marina with 585 berths rural setting but close to A50 and 15 mins from M1 electric, very secure site with CCTV and pub adjacent.
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