Opening of King Point Marina

RNS Number : 0486P

Sutton Harbour Holdings PLC

27 September 2013

 



27 September 2013

SUTTON HARBOUR HOLDINGS PLC

("The Company")

Opening of King Point Marina, Plymouth

The Company announces the opening of King Point Marina at today's official launch.

The Company began work on King Point Marina in January 2013, installing pontoons, a wave protection gate at the entrance to the marina basin and the construction of a shore-side facility building with car parking.

Equity funding for the project was raised by way of a share placing and open offer in January 2012.

The newly completed facilities inside the shore-side building include showers, toilets and amenity areas for berth holders on the ground floor and space for a marina restaurant on the first floor. Berthing is available for 171 vessels.

Jason Schofield, Chief Executive, said: "After an active eight months of work to transform the inner basin of the historic Millbay Docks into a first class marina, I am delighted that it is now complete on time, within budget and ready to open to the public.

"King Point Marina will extend our existing operation of high quality marina facilities at Sutton Harbour. Enquiries have been brisk and these new facilities will, enable more boat owners to experience the excellent sailing waters we have here in the South West, and reinforce Plymouth's position as Britain's Ocean City."

Earlier this month the Company attended Southampton Boat Show to market King Point Marina with introductory offersand variable berthing options including long-term licences up to 25 years. 

Please see our weblink: http://www.kingpointmarina.co.uk/

Enquiries:

Sutton Harbour Holdings plc

Jason Schofield - Chief Executive

Natasha Gadsdon - Finance Director

01752 204186

Arden Partners plc

Richard Day

Jamie Cameron

0207 614 5917   

Newgate Theadneedle

Graham Herring

Robyn McConnachie

Adam Lloyd

020 7653 9850

 

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