Premier Expand Portfolio

Premier Marinas have completed the purchase, for an undisclosed sum, of Universal Marina. Set in tranquil surroundings on the east bank of the River Hamble, close to Premier’s Swanwick Marina, Universal Marina provides 240 walk-ashore marina pontoon berths, a 130-boat dry stack facility and a full-service boatyard, including a 75-tonne travel hoist. The site is also home to an on-site cafe and restaurant and a thriving tenant community, with around 30 marine and non-marine commercial tenants housed in approximately 68,000 square feet of commercial buildings.

Pete Bradshaw, CEO of Premier Marinas, commented: ‘Universal Marina complements our existing portfolio and adds to our already successful operation at Swanwick Marina. We take a long-term approach to the ownership of our marinas and have the experience and investment capacity to further enhance this site.’

Avia Willmet, the previous owner of Universal Marina, will step down from her role as Managing Director and long-serving General Manager at Premier, Graham Bristowe, will manage the newly named ‘Premier Universal Marina’ alongside Premier’s Swanwick site.

www.premiermarinas.com

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