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    £ 80,000

    Fairline Squadron 58 or Squadron 55 syndicate formation. 1/4 Share. 80000GBP for sale

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    Fairline Squadron 58 or Squadron 55 syndicate formation. 1/4 Share. 80000GBP
    1 of 1
    • Fairline Squadron 58 or Squadron 55 syndicate formation. 1/4 Share. 80000GBP

    I am unable to find a suitable syndicate to join, I am therefore looking into the possibility of starting my own.

    Here is your chance to be in at the start of a syndicate and to mould it to your own requirements.
    I plan to purchase a 2004 or later Fairline Squadron 58 or possibly a Squadron 55 in Mallorca and sell three shares to other members therefore giving 12 weeks usage per member and the usual 4 weeks reserved for annual maintenance. The Fairline Squadron 58 is ideal for a family and/or entertaining with an enormous saloon and flybridge. The accommodation is spacious and the facilities are first rate. I have chosen Mallorca for the year round ease of access and the climate it provides. Even Winter can be warm and sunny. Weeks usage allocation can be arranged between us however I personally do not want the main summer months or the Easter period so these would suit families with school aged children.
    I have significant marine experience having been a marine engineer some years ago and also having owned a Fairline Phantom 46 in Mallorca for six years. The cost of this venture is likely to be in the region of 80-90,000 GBP per member for the purchase of the boat and the annual running costs are likely to be up to 10,000GBP if the option of full guardiennage is taken. Where else could you find a six bed luxury apartment for 800GBP per week ? This is very good value per person for total care of the boat and 12 weeks usage, and is a non-profit project. As this is a new venture all decisions will be discussed and agreed between the four syndicate members. These are top estimates and costs could be lower. There are no management fees and the boat will be equally owned, and the costs equally shared, by the syndicate members. Boat purchase and boat share contracts are available from the RYA. A 24 metre ICC will be required and also 2+ years of experience in accordance with Spanish regulations and UK Insurance requirements. The boat will be UK Part 1 registered. Call, text or email anytime to discuss. Pete - Click here to reveal phone number - - Click to contact - . I am open to suggestions.

    One potential SQ58 can be viewed here on Yacht World. YW#:80418-3141763.

    Here's one I just missed. It was 110000GBP
    https://www.yacht-share.net/fairline-squadron-58-alcudia-north-m allorca-14-share-110000/

    **The picture is a library photograph of a SQ58, not the actual boat , which has yet to be chosen**

    There is a bit more detail on my website at :-
    www.squadron58.co.uk

    £ 80,000
    Category:Other
    Subcategory:Boat Share
    Sale:Private
    Specifications
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    Fairline Squadron 58 or Squadron 55 syndicate formation. 1/4 Share. 80000GBP
    Fairline Squadron 58 or Squadron 55 syndicate formation. 1/4 Share. 80000GBP
    £ 80,000
    SpainShropshire, West Midlands ad ref. BU9241EAD  -  342 views