About Shared Ownership Boats
Shared Ownership - What you get
- Brand new boat or nearly new [your choice]. Please see Option 1, Option 2 & Option 3
- 4 weeks cruising per share per year [3 weeks river cruiser]. Weeks allocated in first year by draw, thereafter on a rota basis.
- Yearly fee to include insurance, licence, moorings, breakdown service, maintenance and administration costs plus unexpected contingencies.
- All maintenance undertaken by Wildcat Enterprises or their nominees.
- Hull re-blacked every year. Engine overhauled every year.
- Boat lifted out every three years for hull cleaning and painting.
- Safety inspection every fourth year. Yearly meeting to allocate dates.
- Possibility of swapping one or two of your weeks on a French boat - Burgundy region.
- Possibility of swapping narrowboat weeks for river cruiser weeks or vice versa.
Estimated Running Costs (Based on Option 3)
| Description | Estimated Annual Cost |
|---|---|
| BW licence for 57ft ownership boat | £573.00 |
| Insurance | £303.00 |
| Mooring fees, secure marina with electricity hook-up and water point all boats | £2,200.00 |
| General maintenance - filters, oil & mechanic's time and travel expenses | £250.00 |
| RCR Gold breakdown service [this includes yearly engine checkover] | £160.00 |
| Admin. costs | *£250.00 |
| Contingencies rollover | £150.00 |
| Total: | £3952.00 |
* Estimated expense
£3952.00 divided between 12 share holders = £331.00 per annum.
