Businesses

Future of Coleraine Marina to be decided in coming weeks

local news May 10, 2024
Coleraine Marina

The fate of Coleraine Marina hangs in the balance as Causeway Coast & Glens Borough Council prepares to consider two potential options in the coming weeks.

Sources have revealed to Explore Causeway Coast & Glens that the marina requires substantial repairs. 

Estimated costs will reach a staggering £800,000 for the landward side and a further £700,000 for marine-side maintenance. 

The council will consider either maintaining ownership and management of the facility or putting it up for sale.

At the end of last year, a decision on the sale of Coleraine Marina was postponed to give councillors additional time to evaluate a proposal.

In September, Cloonavin’s Environmental Services Committee received an economic assessment of the facilities, which concluded with a “disposal” recommendation.

The report analysed the socio-economic, tourism, and financial implications of the Council's marina ownership.

During a closed-door meeting, members were informed of "a formal expression of interest from a public body in purchasing Coleraine Marina as a going concern."

Whatever the decision, these crucial choices in the weeks ahead will shape the future of this vital maritime hub.

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