This is an incredibly rare opportunity to purchase a mooring on Cadogan Pier with a 25-year license that commenced on August 31, 2019, and expires on August 30, 2044, offering approximately 20 years remaining. Additionally, there is an option to renew the license for a further period of either 25 years or 100 years, subject to specific terms and conditions, including the payment of a renewal fee.
The mooring can accommodate a vessel with the following specifications: a length of up to 27 meters (including all protruding objects), a beam (width) of less than 6.5 meters, and a height of less than 2.8 meters from the waterline (apart from an 11-meter section which can be up to 4.5 meters high). Cadogan Pier is located next to Albert Bridge, one of London's most beautiful bridges, in the heart of Chelsea. The pier connects with the rest of London by river, with the Uber Thames Clipper stopping here. The moorings are amongst London’s most prestigious and is in easy reach of the restaurants, shops and public transport of Chelsea.
The current mooring license costs are £7,500 per quarter or £30,000 if paid annually. Don't miss this unique chance to secure a prestigious mooring in one of London's most desirable locations.
The Est. Mortgage is for a 25 years repayment mortgage based on a 10% deposit and a 5.5% annual interest. It is only intended as a guide. Make sure you obtain accurate figures from your lender before committing to any mortgage. Your home may be repossessed if you do not keep up repayments on a mortgage.
DISCLAIMER: Property descriptions and related information displayed on this page are marketing materials provided by RiverHomes - South West & Central London Branch. Placebuzz does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions or related information provided here and they do not constitute property particulars. Please contact RiverHomes - South West & Central London Branch for full details and further information.