Initial price	£16,000
07/04/23	£14,500
Price Change	-9.38%

This is a berth for sale at Emerald Quay Marina, located in Shoreham-by-sea, for £14,500. The berth comes with an 8-meter mooring and access to shared electrical sockets and a locked water supply box. Overnight stays are permitted, but long-term or "live aboard" is not allowed. Berth holders are responsible for paying 1/20th of the marina's annual service charges, which cover costs such as management fees, utilities, dredging, and maintenance. The lease term is 96 years, expiring in 2113, and must be registered at the Land Registry. The current annual maintenance cost is around £1,250, but it's expected to increase to £1,000 per annum from 2025 onwards to cover ongoing upkeep and management costs.