Marlin 5.8m Rib (Rigid Inflatable Boat) Near Plymouth (Quarter Share)

Listing is for a QUARTER (25%) SHARE Marlin 5.8m RIB (rigid inflatable boat) 125cc Mercury 2 stroke outboard Carries up to 10 people 40 knot top speed VHF fixed radio Will have depth sounder and chart plotter for this season I currently own the own and am looking to sell 25% shares in the boat, whilst retaining 25% myself. The motivation for me is to raise some capital to enable me to buy a share in another boat as well. The share agreement will be set up under a boat share legal framework for the protection of all. At any time you will be free to sell your share for whatever price you see fit. All 4 owners will be entitled to 12 weeks usage per year, which allows a further 4 weeks for maintenance.

Ongoing monthly costs will include storage/mooring, maintenance, oil and insurance. The boat is currently stored at a self-storage facility in Plymouth and I normally launch from Saltash, which is free of charge. I envisage the monthly fee to be £75 each. If there was an appetite for mooring the boat elsewhere in the Plymouth area, such as a wet mooring, subject to everyone's agreement, this could be done. It would simply need to be reflected the monthly fee.

There will be an annual AGM of owners to agree on various aspects of the agreement. Please feel free to call with any questions or message through classifieds board. My mobile is 0phone. I'm happy to accommodate a sea trial for those with serious interest. It's a great way to get yourself in the water without having to go to the expense of buying outright!

Thanks for looking. Sam