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Old 28 February 2013, 08:28   #1
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Stevens 1140 private boat share syndicate on the Thames

I'm one of the owners of a very nice Stevens 1140 Dutch steel cruiser based on the Thames which we run as a private boat share syndicate.

It looks like one of the shares will be coming up for sale this year, so I thought I'd post a heads up for anyone here who might be interested. Price has yet to be confirmed, but think cheap used family RIB. Not Searider money, but definitely not Scorpion money either!

If you think you might be interested then you can get in touch via the web site below, or send me a PM.

Shimmering Steel private boat share syndicate on the Thames
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Old 14 March 2013, 10:08   #2
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This share is definitely for sale now. It's not my share, but PM me if you're interested and I'll be very happy to answer any questions.
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Old 15 March 2014, 05:46   #3
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That share got snapped up, but we have another one come up as one of the owners is retiring from boating. This is a one eighth share, giving four weeks use per year (this year's dates are April 18, May 30, August 29, September 26), and is for sale at £13,500.
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Old 15 March 2014, 07:15   #4
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Out of interest John what happens to the other weeks - is she out of the water?

4 (weeks) x 8 (shares) = 32 weeks

Or does it not work that simply?
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Old 15 March 2014, 14:34   #5
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The boat is laid up for the winter, generally just winterised and kept on the mooring unless it needs to come out for any work. We also use the down time for any upgrades and planned maintenance.

There's nothing to say that it could never be used in the off season, but we generally find that four weeks a year is plenty and it avoids the time of year when spate conditions are most likely.
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Old 15 March 2014, 14:36   #6
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Quote:
Originally Posted by John Kennett View Post
The boat is laid up for the winter, generally just winterised and kept on the mooring unless it needs to come out for any work. We also use the down time for any upgrades and planned maintenance.

There's nothing to say that it could never be used in the off season, but we generally find that four weeks a year is plenty and it avoids the time of year when spate conditions are most likely.
Thank you - always learning me
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Old 15 February 2015, 11:13   #7
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OK, our new syndicate members who joined last year loved it so much that they have decided that a share isn't enough for them and they bought their own boat. This means that they are quite keen to find a new owner for their share and are happy to negotiate.

As well as an equal equity share in a very smart and well maintained boat, this gives you membership of a well established syndicate with everything in place to give you four weeks of hassle-free cruising each year at a fraction of the cost of running your own boat.
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Old 21 July 2015, 12:13   #8
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That share is now sold by the way. There may be another vacancy in the syndicate next year due to retirement, so if you are interested drop me a line and I'll keep you up to date.
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Old 18 July 2018, 14:54   #9
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Due to illness one of our owners has decided to sell his share at a reduced price. Full details and contact info here:

http://www.boatshare.co.uk/shimmering-steel.html

This is our seventh season as syndicate members and we still love it
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Old 19 July 2018, 01:46   #10
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Stevens 1140 private boat share syndicate on the Thames

That share got snapped up and the syndicate has a new member.

With eight owners we're averaging around one share sold each year. There's a mailing list if you'd like to know when another share becomes available:

http://www.shimmeringsteel.co.uk/updates.php
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