1/6 SHARE IN FAIRLINE 45 FLYBRIDGE for sale

Spain

£21,000 GBP

General Information

Make/model
1/6 SHARE IN FAIRLINE 45 FLYBRIDGE
Category
Power boat for sale
Price
Price comment
Please mention that you saw this boat on The Yacht Market
Year of manufacture
1994
Length overall
13.72 metres
Beam
4.57 metres
Draft
1.07 metres
Location
Spain

Propulsion

Engine
Volvo TAMD x 2
Fuel
Diesel

Accommodation

Number of cabins
4
Number of berths
8

About this 1/6 SHARE IN FAIRLINE 45 FLYBRIDGE

THIS LISTING IS FOR A 1/6 BOAT SHARE/syndicate providing 8 weeks per year.

This is a full 1/6 boat ownership In a Fairline 45 Fly Bridge with extended bathing platform (1994) 6/8 Berth with Ensuite Cabins.

The boat has been privately owned for many years and only came into syndication in 2017.

A 1/6 share has become available in this successful and well run syndicate.

The syndicate organiser and lead share holder searched for nearly 2 years for the right boat in the right condition with the right specification.

The lead shareholder has been involved in boats for over 35 years, both in the UK and Mediterranean from 35 to 60 feet. After selling his last boat he decided that he would only be involved in another one if it was with a group of like minded people (Syndicate).

How it works:

In reality if you own a boat you will probably only use it for 6-8 weeks of the year if you are lucky. The rest of the year it sits in the marina like so many other boats, completely under used, but still having 100% of the ongoing costs.

So, you can own a 1/6 share of this boat, which has all the benefits of a good-sized boat with high specification but at a realistic cost. Your 1/6 ownership would give you 8 weeks per year, spread evenly over every year and you can also swap weeks with the other owners.

I believe what has been set out above is why the group ownership/syndication of a boat works and importantly the boat is used on a regular basis and not left lying idle.

Further information and specification on the boat.

The Boat is berthed on the main key at the popular and friendly Marina, Cabo Roig, Costa Blanca between Alicante and Murcia airports next to a lovely beach with bars and restaurants.

Being on the main quay rather than a pontoon, allows you to drive your car to the boat which is very convenient. The marina also provides 24 hour security.

The location of the marina also provides some great cruising up and down the coast with lots of other marinas and anchorage points. It is also very close to the Mar Menor which is the largest salt water lagoon in Europe (22 Km long). It has a number of busy marinas with bars and restaurants. The whole lagoon offers lots of sheltered anchorage with lovely beaches.

The boat is British Registered, and all the owners will be named on that document.

Accommodation and Specification.

Accommodation - 8 Berths in 4 Cabins

Forward master cabin, with double island bed, twin wardrobes, dressing table, full length mirror and several cupboards and lockers. Private and spacious Ensuite to master cabin only with wash basin and electric toilet with cupboards and lockers and separate shower cubicle.

Guest Twin Cabin, starboard side with wardrobe, cupboards, lockers and full length mirror. With private ensuite, washbasin, mirror, electric toilet and storage cupboards with separate shower cubicle.

Saloon, the portside leather sofa pulls out to make a double bed. The Saloon also has a curved leather sofa with extending dining table, cocktail cabinet, wine cooler and wine store, Tv and sound system.

Crews Quarters, this has two single berths with wash basin and toilet.

The Galley, is located midships portside this is a fully fitted with all the appropriate equipment as shown in the photographs. The 1 ½ sinks also have granite inlays to provide for extra preparation and working space.

Boat Specification includes, Air Conditioning, Central Heating, Hot/Cold Water System, TV & Sound System.

Fully Fitted galley with hot and cold water, 1 ½ sinks, hob, oven, fridge freezer, microwave/grill, Fairline cups saucers and plates etc.

Saloon includes twin leather seating areas, extendable table, cocktail cabinet, wine cooler, fully carpeted with direct access to rear deck area offering further seating with table and chairs and transom door to bathing platform.

Twin Volvo TAM Diesels (only 1,050 hours), GPS Plotter, Radar, Auto Pilot, Tri Data, 2x Compass, VHF ETC.

Single Lever Controls to flybridge and saloon, Bow Thruster, Hydraulic/Gangway, Electric Windlass, Trim Tabs, Diesel Generator and Shore Power, Automatic Bilge Pumps.

Full set of Fly Bridge, Aft Deck and Fore Deck Cushions, Bimini Cover Tender and Outboard.

A Very Comprehensive Specification, Too Extensive to List.

To operate the boat and take it from the marina (other than using it as a floating hotel) you will need RYA day skipper/ICC qualification and I can help organise that course for you. You will also be given tuition and understanding on all the equipment and systems on the boat and tuition in handling the boat which is included in the share price.

All original instructions and manuals are with the boat together with original sets of spare keys.

Maintenance and running costs.

An important factor with any boat is not only the purchase costs but the maintenance and running cost on an annual basis.

The total cost per 1/6 share per year is £1,800 paid by standing order at £150 per month to the administrator.

Your £150 per month payment includes the following annual costs - marina berth with electric, water and VAT, Annual insurance, Mechanical service, End of season lift, cleaning the underside, anti-fouling and replacements of Anodes, independent administrator costs.

This is a true reflection of the maintenance costs for the year and is considerably cheaper than any other boat share syndicates you may have seen advertised. There is also no annual call for cash in the winter months for the lifting and anti-fouling etc, as all of the costs are calculated in the monthly standing order.

These costs are not estimated they are actual costs for 2017 and 2018. All the above maintenance has just been completed and the boat returned to its berth for the 2019 season.

In addition to the above work, the syndicate has just had the hull and superstructure machine polished and replaced the tender with a new Zodiac, both of which will be a benefit to the syndicate in the years ahead.

The service and maintenance of the boat is undertaken by an English Marine Engineer who has been working in Spain for 15 years, for an approved Volvo Penta Service Centre.

He is now running his own business, he is very user friendly and his rates are very realistic, he is always at the end of the phone to deal with any problems, questions or queries.

Share Agreement

The comprehensive share agreement has been drawn up by a solicitor with considerable marine knowledge.

The agreement provides the appropriate protection for the syndicate members and the shares can be re-sold or gifted.

All decisions relating to the boat will be dealt with by the syndicate on a majority basis.

The Boat is in EXCEPTIONAL CONDITION and has been WELL MAINTAINED which is shown in the photographs.

I hope all the above information provides a good overview of this 1/6 boat share and I look forward to receiving enquires from like minded people looking to use and enjoy the boat with all the facilities she has to offer.

1/6 Share - £21,000

FOR MORE INFORMATION AND PHOTOS PLEASE CALL David on 07973 730088 or email david@landmark.uk.com

This 1/6 SHARE IN FAIRLINE 45 FLYBRIDGE has been viewed 3940 times

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