Boat Sponsorship

You can own a brand new, 5 star luxury narrowboat choosing from one of four designs as can be viewed above. We hire the boat out as part of our fleet and you get a 38% return of the income from the boat. You will be offered the boat at a trade price and be able to contribute your ideas to colour schemes and interior design.

You are able to book 2 weeks holiday in advance during the hire season for your own use (including Easter holidays and October half term) and 4 weeks holidays during the off peak season (including Xmas and February half term), giving a total of 6 weeks use a year. You will own the boat and the inventory so at the end of the four year contract there is no disruption to you as the owner. We can offer you 2 boat sizes which come as a traditional layout or a reverse layout for:

  • 50 foot (similar to Aqua Leven 2/4 berth) £76,140 (inc VAT)
  • 57 foot (similar to Aqua Vie 4/6 berth) £85, 748 (inc VAT)

This includes all inventory items, electrical goods and all soft furnishings.

BOAT RUNNING COSTS

As part of the sponsorship agreement we ask for your boat to be part of the fleet for 4 years. Aqua Narrowboats will market and administer the bookings, and turn your boat around for each narrowboat holiday. We will pay 80% of your British Waterways licence and mooring fees. We also pay for your boat to be insured for hire purposes.

BOAT MAINTENANCE

Aqua Narrowboats will keep your boat maintained to a high standard, as we like to ensure our customers receive the best boats and the best service. This will include labour towards: servicing and engine repairs, attending call outs to customers, blacking and paint maintenance.

YOUR CONTRIBUTION

Sponsored owners contribute 20% towards the costs of the BW licence and mooring fees which will be deducted as part of your returns. You will be given an annual allowance of £400 towards replacement items for your boat. If this allowance is exceeded the owners will contribute the outstanding amount, however the labour costs will be provided by us free of charge.

YOUR FINANCIAL RETURN

As an owner of a sponsored boat, you will receive 38% of the hire revenue for years 1 and 2 and 32% for years 3 and 4 (due to higher maintenance costs). Payments are made direct to you monthly in arrears. The return will have the VAT, damage waiver fee and optional extras deducted and therefore, not included as part of the 38% or 32%.

Please note that the information contained on this website does not constitute financial advice. Prospective owners are recommended to seek their own finantial advisor and reach their own conclusion before entering a sponsorship agreement.