Published on: 07 December 2023
The Trafalgar Group has completed the sale of the Trafalgar Wharf site in Portsmouth Harbour, including the dry stack boat storage and Trafalgar Shipyard to Premier Marinas for an undisclosed sum.
The acquisition by Premier Marinas marks a new chapter for these significant marine facilities and complements Premier’s existing portfolio of ten marina and boatyard sites across the South Coast.
The Trafalgar Group has developed the site to now encompass Europe’s largest indoor dry stack boat storage facility and a significant commercial shipyard providing bespoke maintenance programmes for commercial vessels and private yachts. The wider Trafalgar Wharf site has become a hub for a wide range of marine and non marine businesses and will now be known as Premier Trafalgar Wharf.
Other Trafalgar Group businesses which include Boat Club Trafalgar, RIBs For Sale, Ballistic RIBs, Thornham Marina and Gatcombe House Serviced Offices are not included in the transaction and those located at Trafalgar Wharf will continue to operate as usual.
All of the existing operations team at Trafalgar Wharf will be retained and transferred to Premier Marinas as part of the sale agreement.
Premier Marinas CEO, Pete Bradshaw said: “We’re delighted to add the Trafalgar Wharf site to the Premier portfolio and welcome new team members into our family. The acquisition marks yet another milestone for Premier as we continue to invest and grow our business. Trafalgar Wharf adds new capabilities to our group and we’re confident that we will be able to combine the knowledge of the existing team and our wider operational experience to further enhance the site and operations.
Jonny Boys, managing director of The Trafalgar Group, shared: “We’re all about doing things differently and putting our customers first. We’re delighted to be handing the reins to Premier Marinas which shares our vision to create fantastic boating and waterside experiences.”