Pushing the boat out with Essex Marina investment
Essex Boatyards has opened a new headquarters at Essex Marina, based at Wallasea Island on the River Crouch in Essex and revealed expansion plans for the future.Essex Boatyards has opened a new headquarters at Essex Marina, based at Wallasea Island on the River Crouch in Essex and revealed expansion plans for the future.
Management says the business a is changing the way boats are sold in the UK and more widely throughout Europe, writes Alice Walker.
James Barke, joint MD Essex Boatyards says: “The acquisition of Essex Marina is just the start as we roll out our £15m development project.
“Essex Marina is the UK’s biggest superstore for new and used boats and we aim to expand it even further over the next 10 years.
“We’ve come a long way since my father started the company in 1978.
“Ten years ago, we turned over £2m; two years ago we turned over £12m, and last year we turned over £20m and handled the sales of 600 new and used motorboats, delivering them all over Europe.
“Until December last year, we were based down the river at Paglesham. We could display about 150 boats there at any one time.
“Now we have moved to this fabulous 12-acre site, which we bought freehold.”
Essex Boatyards is home to a number of leading brands, including Arvor UK, Fairline Essex, Fairline Port Solent, Uttern UK and Doral South East.
The new premises allows for up to 70 retail deliveries, 40 part exchanges and 40 straight purchases per month.
The company also offers brokerage, while its website attracts 2.6m hits per month, which works out as approximately 100,000 hits per day.