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The Norfolk Broads Forum / General Chat / E-bay Birchwood 340 - 6 berth - £1250-Boat Share
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Posted By Discussion Topic: E-bay Birchwood 340 - 6 berth - £1250-Boat Share

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Maffman100
Nov-18-2010 @ 5:19 PM                           Permalink
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Just seen this on ebay:
http://cgi.ebay.co.uk/Birchwood-340-6-berth-1250-/130451140894?pt=UK_Power_Boats&hash=item1e5f7e711e

and thought it was worth a post.

Matt

Evening Shadow Syndicate Owner
www.boat-share.net/norfolk_broads_boat_share_for_sale.htm

Evening Shadow Flickr Group
www.flickr.com/groups/1413817@N20/

Broads01
Nov-18-2010 @ 10:52 PM                           Permalink
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That looks like a good deal to me, even though I've never been keen on those Birchwoods because I can't see the point of having a Broads boat that doesn't go under Ludham bridge. That said, if I was ever to go into shared ownership I like the idea of the fixed week on offer here rather than the more common drawing lots idea.

Simon

Teadaemon
Nov-18-2010 @ 10:59 PM                           Permalink
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One thing I notice is that annual running costs work out at over £15,000 (£320 quoted for a 1/48 share) plus fuel/pump out. Whilst I know they're not going to be cheap, I do wonder what you get for your money.

Maffman100
Nov-19-2010 @ 9:03 AM                           Permalink
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I looked at them before buying a share on Evening Shadow but agreed with Simon that Ludham Bridge was a bridge too far, particularly as you would be returning year after year.

I recall as an owner it would be just like hiring except you dont have to wait for handover (apart from your first year), no car parking fees, no diver insurance and no damage waiver. You would however have to fuel it and pay for the pump out.

I know people say £15k is a lot to pay over a year but someone obviously does manange the syndicate and would want to make a profit. The boat is also used far more than most private boats and probably most hire boats so will require am increase in servicing etc.

Regardless of how much it costs overall the individual price is £120 up front and currently £320 a year. Worked out over 5 years this becomes cheap, especially when compared to hiring costs at Easter.

Matt

Evening Shadow Syndicate Owner
www.boat-share.net/norfolk_broads_boat_share_for_sale.htm

Evening Shadow Flickr Group
www.flickr.com/groups/1413817@N20/

Teadaemon
Nov-19-2010 @ 12:10 PM                           Permalink
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Well compared to the costs you posted for other shared ownership boats, that looks like rather a lot of profit to me (not that I have any particular problem with that, as if I were involved in such a boat share it would be on the management side rather than as an owner).

beano&dandy
Nov-19-2010 @ 1:22 PM                           Permalink
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I have a two week share on this boat, I would sell for a very sensible price if anybody is interested.

Very nice, comfortable boat, my only reason for selling is we have bought our own.



david4

Maffman100
Nov-19-2010 @ 2:31 PM                           Permalink
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if it was easy money I am sure there would be a lot of management companies queing up to manage boats. But I dont see them!

Matt

Evening Shadow Syndicate Owner
www.boat-share.net/norfolk_broads_boat_share_for_sale.htm

Evening Shadow Flickr Group
www.flickr.com/groups/1413817@N20/

littlesprite
Nov-19-2010 @ 2:51 PM                           Permalink
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Question,

I have my own boat and know that whatever happens the cost is down to me,
What would happen if one of these syndicate boats had a major engine failure/replacement, Who would pay or does it come out of the yearly fee?
If the bill is payed from fee's it sounds like a good deal.

martin

how can such a sleepy paradise create such passion.

littlesprite
Nov-19-2010 @ 2:53 PM                           Permalink
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Sorry another question,
If the boat breaks down and you lose your week do you get a refund?

martin

how can such a sleepy paradise create such passion.

Maffman100
Nov-19-2010 @ 3:23 PM                           Permalink
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Martin,

I cannot speak for other syndicates but in ours the yearly fees go into a syndicate bank account. It is obviously prudent to have some funds in reserve and our syndicate account could probably almost cover a new engine (if my cost guesses are right!)

If the boat was broken down you would not be offered a refund as it is your boat-The management company are only agents.


Matt

Evening Shadow Syndicate Owner
www.boat-share.net/norfolk_broads_boat_share_for_sale.htm

Evening Shadow Flickr Group
www.flickr.com/groups/1413817@N20/


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