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Sutton Harbour

Marina facilities within Sutton Harbour are comprised of Sutton Harbour Marina; West Pier Marina and Guy's Quay Marina totaling 573 berths, including the berths at Shephards Wharf. It receives stable, core annual revenue streams in the form of dues, fees and rents from the established fisheries, marinas and real estate operations.

The location of Sutton Harbour in the historic quarter of Britain’s Ocean City, Plymouth, has undergone two main phases of regeneration over the past two decades. The first was the installation of Sutton Lock in 1992 creating a consistently usable depth of water, negating the adverse affects of tide and weather. This was followed by the relocation of the fish market from the Barbican side of the Harbour to the eastern side of within state-of-the art facilities. In the second phase, the development of high quality residential and commercial buildings overlooking Sutton Harbour and the Barbican and improvements to berthing facilities, added to the attractiveness of the area to create a long term sustainable location for business, leisure and living.

Sutton Harbour Holdings plc is now focused on bringing forward the third phase with exciting and forward-thinking infill regeneration to link existing key attractions and to position Sutton Harbour as a destination of regional importance and national significance.

REGENERATION ACTIVITIES

This division includes regeneration activities and is focused on development for revenue and capital growth.

It has established a track record through the delivery of seven major regeneration schemes around Sutton Harbour and a further two schemes in other locations elsewhere in the South West.

A key feature of all these schemes was working in partnership with other public and private sector bodies. The company also successfully achieved planning consent on 22 acres of surplus airport land, which was sold in tranches to a residential developer between 2009 and 2011.

In June 2011, Sutton Harbour Holdings plc was selected by the English Cities Fund (ECF) to build and operate a new marina in the Coastal Quarter of Millbay in Plymouth. This is King Point Marina which is now not only home to 171 berths, including some of the UK’s leading super yachts, but also to an award winning restaurant.

REAL ESTATE INVESTMENT ACTIVITIES

This division includes rentals from investment properties, revenue from car parking and is particularly focused on growing annual income through asset enhancement.

Despite the recent challenges within the economic environment, Sutton Harbour Holdings plc has continued to invest in, and derive value from its investment portfolio, securing lettings from some of the most high-profile businesses within the UK in the Sutton Harbour Estate.

Working in partnership with Regus, a worldwide provider of flexible workplaces, Sutton Harbour Holdings has established a high quality serviced office facility at Salt Quay House, overlooking Sutton Harbour Marina. Sutton Harbour Holdings plc have also let premises for a new gym, the Edinburgh Woollen Mill and the Marine Management Organisation.

International energy company Rame Energy plc took over a 10-year lease for the 4,028 square foot third floor in Sutton Harbour’s North Quay House this summer, where the company will join South West chartered accountancy firm Francis Clark and Beers Solicitors.

Most recently restaurant chain, The Stable, signed a 15 year lease on the 3,818 square foot Little Vauxhall Street premises overlooking the Harbour in order to open an eighth operation of its popular craft cider and gourmet pizza restaurants.

The lively waterfront culture of Sutton Harbour and the Barbican provides a unique location in Plymouth, where independent shops and galleries are interspersed with a diverse range of other first-class restaurants, cafes and bars and the burgeoning central business district for professional services in the City.

DISCONTINUED ACTIVITIES - TRANSPORT

In 2000, Sutton Harbour Holdings plc purchased Plymouth City Airport Limited and a long lease of the regional airport. In 2003 the company set up and operated the regional airline Air Southwest that was subsequently sold in November 2010 to Eastern Airways International (Eastern Airways). On 28 July 2011 Air Southwest (under the ownership of Eastern Airways) ceased flights in and out of Plymouth City Airport.

In April 2011 Sutton Harbour Holdings plc announced our intention to cease operations at Plymouth City Airport by the end of 2011, due to unsustainable losses. In August 2011 Plymouth City Council ratified the closure of the airport on 23 December 2011, following a detailed review and the commissioning of independent consultant reports.

The company is now working together with the freeholder, Plymouth City Council, to obtain best value from the former airport site through alternative uses.

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We pride ourselves on the quality and location of our property estate.   5 Gold Anchor Sutton Harbour Marina is located in the heart of the historic Sutton Harbour.   Found at the heart of Plymouth's Coastal Quarter in Millbay.   2011 has been another record year with landings of fish, crabs and scallops.   Sutton Harbour in Plymouth is already one if the UK’s most attractive waterfront destinations.  
                   
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