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Pitmans has advised Premier Marinas Limited on its acquisition of Noss Marina, which is just outside Dartmouth, from the Administrators Duff & Phelps.
Noss comprises nearly 40 acres set in natural woodland with a commanding water frontage to the River Dart.
Pitmans’ experience working with marina and waterside development benefited the process which involved six months of protracted and complex four-way negotiations.
John Newton commented: “We are delighted to have had the opportunity to work with Premier Marinas on this exciting project from the outset. Access to the site via the bridge that crosses the Paignton-Kingwear railway will also be improved. The investment in the site will be supported by sensitive residential development.”