Camper & Nicholsons Marinas has announced that the refurbished marina at St Katharine Docks, London, is open for superyachts and that it will be managed and operated under the Camper & Nicholsons Marinas' (CNM) brand for a three-year contract period. Following its refurbishment, the marina can now accommodate superyachts up to 40m.
Having been appointed by the Blackstone Property Management in April 2015 to administer the re-design, refurbishment and management of St Katharine Docks, the CNM team has completed an impressive amount of work within a relatively small period of time.
“We have been hugely impressed with the way Camper & Nicholsons Marinas have delivered this project both on time and in budget, and within tight controls,” comments Guy Rudd, managing director of Blackstone Property Management. “We have made a significant investment in the St Katharine Docks estate and it is paying dividends in the number of new tenants we have at International House and the surrounding buildings.”
Central to the refurbishment of St Katharine Docks was the reconfiguration of the area to reduce its access, water usage and servicing inefficiencies, as well as bringing the marina up to date with contemporary guidelines and codes of practice. However, due to its location there are still limitations on the size of vessels that can berth, with the maximum vessel length being 40m.
“The new layout is much more practical and generous for boats to navigate around,” says Paul Tetlow, general manager at St Katharine Docks. “The tight corner and narrow fairways have been removed and the use of the water space is far more efficient.”
As a result of limited space for superyachts, there will be no annual leasing offered for larger vessels. Spread across three separate dock basins, St Katharine Docks can simulatenously accommodate five 30m superyachts or three 40m superyachts at any one time.
“We are already talking to a number of owners and captains about visiting the docks,” continues Tetlow. “There seems to be a real appetite for UHNWIs to bring their yachts to London. We have also received a number of requests from superyachts over 45m and, while these vessels are too large for the marina, we are able to accommodate them using our peer and the rivers moorings.”
As London struggles to maintain its position as the financial capital of the world throughout the Brexit negotiations, the fall in the pound has made London an increasingly attractive tourism prospect. Infrastructure developments along the Thames will be vital in order for London to fulfil its superyachting potential, the development of the St Katharine Docks is a positive step forward for London.