Gillingham Marina sold to private buyer

Real estate advisor Savills has completed the sale of Gillingham Marina to a private buyer for an undisclosed amount. 

Gillingham Marina, which has held The Yacht Harbour Association’s Five Gold Anchors award for over 30 years, extends to approximately 19.28 acres (7.80 hectares) and provides fully serviced berthing in two basins for up to 490 boats, with extensive facilities.

When the site was put up for sale in March 2021, Savills noted that Gillingham Marina offered an “attractive redevelopment opportunity”.

Specifically Savills referenced the chance to redevelop, subject to the necessary consents, the 33,026 sq ft Waterfront Leisure Centre, which includes a swimming pool, squash and badminton courts, games room, gym and bar/restaurant.

The marina is situated on the south bank of the River Medway and lies below Chatham Historic Dockyard in Gillingham Reach, just a few miles downstream from Rochester Bridge. The marina also benefits from excellent road access via the A289/A278 dual carriageway connecting to the M2/A2 and then on to the M20 and M25.

Kay Griffiths, associate director in the leisure and trade related team at Savills, says: “Gillingham Marina offered an exciting opportunity for investors to acquire a well-established marina. We received strong interest in the sale as the marina has extensive facilities and opportunities to add value and we are delighted to find an experienced leisure operator that intends to invest and develop the site further to the benefit of its users.”