The concept in brief is when a number of people join together through a management company to jointly own a luxury Motoryacht. The concept is known or referred to under a number of titles the most common being ‘Fractional Ownership’, ‘Shared Ownership’, and ‘Syndicate Ownership’.

To partly own an asset such as this makes good financial sense and has the benefit of letting the management company take all the strain and hassle leaving you to spend all your time enjoying the experience.

Most people who have business or hold senior positions do not have more than 8 weeks of the year when they could spend aboard a boat; this being the case why would you want to pay for weeks which you are not able to use. Apart from the capital cost saving you would only pay a proportion of the all the associated costs ie:- Mooring, annual maintenance, insurance, depreciation etc.

At Eaton Brook Leisure we have over the past four years looked at what was available on the market and talked to many potential owners to formulate what we feel gives the owner the maximum benefit with the minimum cost. The result is our EBL Gold ownership facility. The principal features being :-

a)Real ownership of shares with a proper title. A minimum of one up to a maximum of five owners on any boat.
b)Exclusive use with allocated weeks every year
c)Reduced capital costs and depreciation costs
d)Reduced annual costs
e)Exclusive management contract that has fixed costs for the contract period