Buyer Beware!

Infrastructure and site location issues which limit investment return

The information is accurate to the best of our knowledge and belief.

• In 2024 the PLA served more than one s70 notice on CYBC notifying them they are in breach of the River Works Licence and must remedy the breaches or face action, including having the RWL rescinded.
  
  
• In 2025 CYBC applied to the Port of London Authority to extend the RWL.  The application was not approved.  There is only 20yrs left on the current RWL (2046).
  
  
• The Royal Borough of Kensington and Chelsea (RBKC) owns the land and buildings at 106 Cheyne Walk which CYBC leases.  In 2021 RBKC served a s25 notice saying it would not renew the lease.  A deal was done for a short extension while RBKC explore their plans for redevelopment of the site.
  
  
• The foreshore is being eroded by the increased river traffic including Thames Clippers.  CYBC is responsible for building a campshed to level the foreshore for some berths.
  
  
• Wash incidents like the one shown in this video are a weekly occurence. In addition to being unpleasant to experience when aboard, they often cause damage like that shown in the video and photo below.

• In 2015 Moffat himself, when trying to obtain investment for his non residential mooring at Cadogan Pier, described the site in this way (yes we have a copy of the email); CYBC is opposite the largest council estate in Chelsea and their boats sit in the mud for most of the day on a 30 degree incline.

CAVEAT EMPTOR!