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BWML
Sept 12, 2018 8:24:56 GMT
Post by kris on Sept 12, 2018 8:24:56 GMT
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BWML
Sept 12, 2018 11:38:06 GMT
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Post by Deleted on Sept 12, 2018 11:38:06 GMT
Will it be Ting Dene ?
Whoever buys it I can't help thinking they will cherry pick but the question then is do they have a right to close sites which do not make enough profit?
That could get interesting perhaps we'll see some changes to the structure of marinas. I would not think CRT would want marinas closing if anything they want more of them !
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BWML
Sept 12, 2018 12:13:34 GMT
Post by kris on Sept 12, 2018 12:13:34 GMT
Will it be Ting Dene ? Whoever buys it I can't help thinking they will cherry pick but the question then is do they have a right to close sites which do not make enough profit? That could get interesting perhaps we'll see some changes to the structure of marinas. I would not think CRT would want marinas closing if anything they want more of them ! If it's one organisation that buy them all I'm sure that they will be in line to take over the on line moorings as well. Either way who ever takes over bwml you can bet it will mean price increases for the boaters that use the marinas. The interesting thing for me from the article is that, the online moorings are operated by the property dept. Which is already distancing itself from the rest of the organisation ready t be sold off. If people don't wake up it will all be gone.
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BWML
Sept 12, 2018 15:15:37 GMT
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Post by Deleted on Sept 12, 2018 15:15:37 GMT
I think the waterside moorings will get sold but as a franchise. It seems unlikely they CRT would be able to sell off lengths of towpath. Maybe they can do that. They have transferred little bits here and there but usually off side as far as I know. NigelMoore will know more about that. I don't know but I think some of the marinas are under a different arrangement because they were originally built by others then bwml bought them up so they are private not public like on line would be. I spoke to a geyser at Pyrford marina on the river wey (marina now owned by Ting Dene) and when I said they are taking over (TD) he said "yes, gradually". I suspect eventually the whole system will be owned or at least run by private operators. Marinas and moorings are just the beginning. I don't really think a great deal can be done about that.
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BWML
Sept 12, 2018 15:49:17 GMT
Post by Gone on Sept 12, 2018 15:49:17 GMT
I think the waterside moorings will get sold but as a franchise. It seems unlikely they CRT would be able to sell off lengths of towpath. Maybe they can do that. They have transferred little bits here and there but usually off side as far as I know. NigelMoore will know more about that. I don't know but I think some of the marinas are under a different arrangement because they were originally built by others then bwml bought them up so they are private not public like on line would be. I spoke to a geyser at Pyrford marina on the river wey (marina now owned by Ting Dene) and when I said they are taking over (TD) he said "yes, gradually". I suspect eventually the whole system will be owned or at least run by private operators. Marinas and moorings are just the beginning. I don't really think a great deal can be done about that. Possibly they will sell the business but not the land, that being leased or rented to whoever buys the business.
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BWML
Sept 12, 2018 16:17:20 GMT
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Post by Deleted on Sept 12, 2018 16:17:20 GMT
Indeed. That's why I said franchise. It might not be quite the right word. The obvious question is how would a private operator profit from it other than raising fees and reducing service levels.
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BWML
Sept 12, 2018 16:24:14 GMT
Post by Deleted on Sept 12, 2018 16:24:14 GMT
When we last came by Boot Wharf in Nuneaton, houses were being built on the land behind the wharf where boats used to be stored and worked on.
The boat yard business seemed to have shrunk considerably.
I thought they must have sold off the land, but I recently learnt that it was C&RT who'd sold it off, allegedly without discussion with the boat yard.
If true it seems very unfair. How long before the new home owners are demanding the closure of the boat yard as it's too noisy/ unsightly / bringing house prices down?
Rog
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BWML
Sept 12, 2018 17:12:02 GMT
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Post by kris on Sept 12, 2018 17:12:02 GMT
When we last came by Boot Wharf in Nuneaton, houses were being built on the land behind the wharf where boats used to be stored and worked on. The boat yard business seemed to have shrunk considerably. I thought they must have sold off the land, but I recently learnt that it was C&RT who'd sold it off, allegedly without discussion with the boat yard. If true it seems very unfair. How long before the new home owners are demanding the closure of the boat yard as it's too noisy/ unsightly / bringing house prices down? Rog This about sums up the whole situation Rog
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BWML
Sept 12, 2018 17:16:05 GMT
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Post by kris on Sept 12, 2018 17:16:05 GMT
I think the waterside moorings will get sold but as a franchise. It seems unlikely they CRT would be able to sell off lengths of towpath. Maybe they can do that. They have transferred little bits here and there but usually off side as far as I know. NigelMoore will know more about that. I don't know but I think some of the marinas are under a different arrangement because they were originally built by others then bwml bought them up so they are private not public like on line would be. I spoke to a geyser at Pyrford marina on the river wey (marina now owned by Ting Dene) and when I said they are taking over (TD) he said "yes, gradually". I suspect eventually the whole system will be owned or at least run by private operators. Marinas and moorings are just the beginning. I don't really think a great deal can be done about that. Possibly they will sell the business but not the land, that being leased or rented to whoever buys the business. apprently one of the reasons they haven't sold is because cart where planing to keep the freeholds and sign them up to the connection charge. So not really a good business proposition, unless you double the mooring fees.
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BWML
Sept 12, 2018 17:18:37 GMT
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Post by kris on Sept 12, 2018 17:18:37 GMT
Indeed. The obvious question is how would a private operator profit from it other than raising fees and reducing service levels. The obvious answer is they wouldn't profit without increasing fees. The odd thing is I haven't seen or heard any BWML moorers complaining about it.
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BWML
Sept 12, 2018 17:23:22 GMT
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Post by kris on Sept 12, 2018 17:23:22 GMT
Another interesting thought, if a hedge fund buy them, what's to stop them filling them in and building houses on them if they see there's more profit in that.
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BWML
Sept 12, 2018 18:45:49 GMT
Post by Deleted on Sept 12, 2018 18:45:49 GMT
When we last came by Boot Wharf in Nuneaton, houses were being built on the land behind the wharf where boats used to be stored and worked on. The boat yard business seemed to have shrunk considerably. I thought they must have sold off the land, but I recently learnt that it was C&RT who'd sold it off, allegedly without discussion with the boat yard. If true it seems very unfair. How long before the new home owners are demanding the closure of the boat yard as it's too noisy/ unsightly / bringing house prices down? Rog Exactly my thoughts last time I passed, the people who live aboard at the end will be lighting fires soon, just as new people are moving in to the houses. doesnt help how they built the houses up the hill overlooking it all.
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BWML
Sept 13, 2018 4:27:21 GMT
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Post by Deleted on Sept 13, 2018 4:27:21 GMT
Indeed. The obvious question is how would a private operator profit from it other than raising fees and reducing service levels. The obvious answer is they wouldn't profit without increasing fees. The odd thing is I haven't seen or heard any BWML moorers complaining about it. I think Limehouse marina residents are actively complaining. As for infilling that's a very interesting point. Of course Limehouse (Regents canal dock) has been partly filled in before for housing so it could happen again..
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BWML
Sept 13, 2018 6:41:02 GMT
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Post by thebfg on Sept 13, 2018 6:41:02 GMT
Another interesting thought, if a hedge fund buy them, what's to stop them filling them in and building houses on them if they see there's more profit in that. it could be stripped and sold on for quick profit or ran as a profitable long term business, but as you say any loss earners or struggling parts could easily be filled in for a quick buck. my guess is it will end up ting dene but via someone else who will only pass on the good bits and dispose of the rest.
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BWML
Sept 13, 2018 8:02:43 GMT
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Post by Deleted on Sept 13, 2018 8:02:43 GMT
That seems very likely. It would be interesting to see what happens to the less attractive sites I wonder if there will be any "boater buyout" type arrangements at some point.
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