Marina Projects Ltd has announced the sale of Gosport-run Endeavour Quay Ltd to Premier Marinas Ltd. The specialist boatyard business has made Endeavour Quay the next addition to its development and expansion plans, purchasing the rights to the name and business operation, which began trading as Premier Endeavour Quay on 1 August.

Talking about future expansion plans, Premier Marinas Ltd CEO, Pete Bradshaw, disclosed that they “do not have any plans to develop Endeavour Quay”, but rather they “expect the business to continue to serve its existing customers and to provide additional boatyard facilities” for those berth holders who have larger sail or motor yachts.

Offering one of the largest boatyard facilities on the south coast, Endeavour Quay has played host to the Volvo Ocean Race teams, Open 60s - including Alex Thomson’s Hugo Boss, the Clipper Round the World Race yachts, J-Class yachts and the Admirals Cup fleet.

Aerial view of Endeavour Quay

Bradshaw explained that because “Endeavour Quay lies adjacent to our Gosport Marina, its services complement our own, both at Gosport and throughout the Premier group of marinas.” In addition to this, Bradshaw clarified that there would be no actual management, business or functionality changes, and that Endeavour Quay would simply “benefit form Premier’s group management support and investment in the business.”

Bradshaw told that he was pleased that “the site will continue to be managed by Tim Newell and supported by his highly trained staff.” The past nine years have seen the boatyard run by Newell, with facilities including a 180 tonne travel hoist and three large boat sheds.

So far, Premier Marinas owns and operates eight marinas on the south coast with locations that include Eastbourne, Brighton, Chichester, Southsea in Langstone Harbour, Gosport and Port Solent in Portsmouth Harbour, Swanwick on the Hamble and Falmouth. Bradshaw said “Whilst we have no immediate plans to purchase other sites we have the capability to do so where we see a fit with our business strategy.”

Profile links

Marina Projects Ltd

Endeavour Quay Ltd

If you like reading our Editors' premium quality journalism on, you'll love their amazing and insightful opinions and comments in The Superyacht Report. If you’ve never read it, click here to request a sample copy - it's 'A Report Worth Reading'. If you know how good it is, click here to subscribe - it's 'A Report Worth Paying For'.