Warwickshire’s Fenny Marina on the Oxford Canal has been sold for £1.1 million to Crafted Boats Ltd.
The marina has 85 serviced boat berths, a three-bedroomed bungalow and several outbuildings, and was sold prior to an online auction.
The six acre site includes a marina basin of almost 4.5 acres in size with around 1,500m (5,000sqft) of fixed mooring, dry dock, workshops, chandlery, offices, and stores.
The marina has direct access to the canal, a popular cruising waterway connecting the River Thames at Oxford with the Grand Union Canal at Napton.
The northern section of the Oxford Canal continues to Coventry and from there to Birmingham via the Coventry Canal.
The offices and stores are in a single storey 1,903sqft building overlooking the canal and the dry dock facility, which can accommodate a single narrowboat, includes a steel frame 4,265sqft building, two workshops, an office and toilet.
The dry dock is a separate business that pays £1,250 in rent per month to the marina. There is also additional income from diesel, LPG, pump-out, waste disposal and chandlery sales.
The marina was originally developed in the 1970s.
Crafted Boats is a family-owned firm of specialist boat builders and repairers based in Bromsgrove.
In a statement, director, Aaron Pinder said: “Our plan for the marina is to continue to operate the mooring and services but to look at improving the facility.
“We will also be offering, as we do at our other sites, repaint jobs, hull and top side work, grit blasting and epoxy coating, pressure wash and blacking, plus engine repairs, to name just a few of our services.”
The company was first established in 1953 as J.L. Pinder and Son, and was incorporated as Crafted Boats Ltd in 2001. It supplies all types of steel craft from commercial workboats, hire boats, narrowboats, cruisers, barges and even a scaled down Royal Navy Destroyer and submarine that cruised narrow canals, recruiting sailors.