We are a group of people who enjoy spending time aboard narrowboats on the UK’s inland waterways.
The cost of owning a narrowboat is quite high, too high for the average person! Apart from the initial capital outlay (£20,000 … £100K+), you have annual costs to keep her, here are but a few:
- Canal & River Trust license;
- Hull blacking;
Not to mention your time involved in making sure all the above (and more) are taken care of.
A typical 63 foot narrowboat costs around £8,000 a year to maintain and typically spends only three or four weeks each year actually in use.
We think that shared ownership is a much better solution: All of the costs are spread between several owners, for example with 10 owners the above £8K each year comes down to £800 – each owner would get at least 4 weeks of time aboard which equates to a fairly low cost holiday!
The hire cost of a typical narrowboat for a week is around £2,000
Interested? Get in touch and let’s talk.