A MARINA in Hampshire is to be auctioned with a guide price of £800,000 to £900,000.

It is among 161 lots listed across southern England by regional land and property auctioneers Clive Emson.

The 65-berth marina and sail loft at Upper Quay Marina, Upper Quay, Fareham, is currently let at £71,792 per annum from 52 occupied moorings.

Rob Marchant, Clive Emson’s Hampshire auctioneer, said: “The sale of the marina was postponed in our previous auction and is now on offer in this one.

“The marina is a familiar sight to motorists on the adjacent Gosport Road and players on the opposite side at the Cams Hall Estate Golf Club.

“We anticipate keen interest from investment bidders and sailors, given the excellent location, close as it is to Fareham town centre, and the moorings income, which understandably fluctuates.”

He added: “In addition, there is a two-storey freehold former sail loft, which is at present vacant and is considered ideal as a base for the ongoing management of the marina.

“Alternatively, the building has scope and potential for commercial letting or for residential conversion, subject to all necessary consents being obtainable.

“To the side of the sail loft is additional land, which is at present used for parking and storage but which may have scope and potential for redevelopment, subject to all the necessary consents being obtainable.

“To the rear of the sail loft, two open railway arches provide additional space and are held under the terms of leases.

“The berths and boating facilities are held under the terms of an existing lease from Crown Estates.

“The marina offers facilities for members and a shower building is nearing completion.

“The lease to Crown Estates allows for additional berths to be used if required and so there is undoubted potential for further income and expansion of the business if required.”

Previously let at £34,200 per annum, there is also a vacant mixed residential and commercial investment at 5 High Street, Fareham.

Rob said: “The hair salon on the ground floor is let on a commercial lease for £16,600 per annum and the two flats are currently vacant – the seller had the impending sale in mind and therefore did not seek new tenants when the flats were recently vacated.”

And an end-terrace property at the bottom end of Fareham’s attractive Georgian High Street is guided freehold at £420-450,000.