Seized boat auctions uk 2022

Make sure you understand the true market value of the boat model. View the boat with a surveyor during an allocated visiting window. Do your maths in relation to the full cost of repair.

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Seized boat auctions uk 2022

The metre motor yacht Kahu will be sold at auction on Wednesday, 29 November, at 11 am GMT, with 24 hours for the public to place online bids. Kahu returns back under the hammer after being sold to the highest bidder at the first auction in April Previously listed for auction, she was seized by British authorities in September as part of a drug trafficking operation. Belfast-based auctioneer Wilsons Auction is managing the online auction on behalf of the National Crime Agency. As per the last auction, no reserve has been set, which means Kahu will sail away with the highest bidder. Built in by Whangarei Engineering Co. She underwent a full-scale refit that left her with a brand-new aluminium superstructure and near ice-class specification. She has proved herself as a capable explorer since, with a remarkable range of 7, nautical miles that has taken her around the South Pacific and Hawaii. Since being bought at the first auction in the current owner has completed a comprehensive list of engineering works, including the repair of stabiliser fins, installation of a new set of batteries, the repair of both engines and removal of tank corrosion. The vessel has benefited from a great amount of works completed since we last saw her. This gives the potential new purchaser a blank canvas to customise the yacht as they like. Kahu offers accommodation for up to 16 guests in six cabins, alongside crew accommodation for four. She volunteers plenty of alfresco living spaces, with generous aft decks and a spacious top deck. Her interiors are clean and fresh and the saloon is bright and airy thanks to huge windows that drench the space in natural light. Pale woods and nautical themes contribute to the refined onboard ambience.

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Written by: Marine Industry News. The auction is open to the public and Kahu will be sold unreserved with potential bidders having a hour window of opportunity to bid online before the auction closes at 3pm GMT. According to the National Crime Agency NCA report, more than two tonnes of cocaine were seized and six men arrested after a sting operation on Kahu in September The luxury Jamaican-flagged yacht was sailing from the Caribbean when it was seized in the English Channel and brought to Plymouth, UK, where law enforcement discovered the haul of Class A drugs. Kahu is currently berthed at Torquay Marina. The ft expedition yacht was last refitted in and comfortably cruises at 10 knots, with a maximum speed of 13 knots and a range of up to 5, nautical miles. This will be an exciting one to watch. According to Plymouth Live , of the six men accused of smuggling the drugs on board Kahu in March five Nicaraguans were cleared of the charges. Andrew Cole, aged 33, of Stockton-on-Tees has already pleaded guilty to smuggling the narcotics. He is in custody and will stand alone to be sentenced to years in jail at a date to be fixed.

Seized boat auctions uk 2022

Acting on a tipoff, Border Force and National Crime Agency officers intercepted and boarded the ft metre yacht in international waters near Guernsey last year. They discovered more than two tonnes of cocaine stuffed inside the boat. The yacht, which has a large saloon, galley, five staterooms and accommodation for four crew, is expected to sell for more than one million pounds. The auctioneer, Mark Woods, said more than 25 parties had registered interest in buying the yacht, and several potential buyers viewed the MY Kahu during an open day in Torquay last week. Woods said bidders have flown in from Greece, the south of France and even New Zealand. Woods, who specialises in selling confiscated assets, said the yacht was one of the most interesting items seized by the government under the Proceeds of Crime Act that he has sold. Woods said the boat was in good condition, despite being raided and extensively searched by Border Force officers. However, after carrying out works, she is now well presented and ready for auction. The yacht left Barbados in August and sailed across the Atlantic. It was intercepted 80 miles south of Plymouth by specialist officers from Border Force and the NCA, who raided the vessel.

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From the archives: Inside m Andromeda, the toughest toybox on the water. Vehicle Auctions. The best pictures of Koru. Home HR Art and auctions More than 60 bids in seized yacht auction. Ok Privacy Policy. Search Information. Auctioneers Since Often this results in marinas taking lawful possession of vessels and other marine items and selling them. A wide range of stock to include glasses, purses, clothing, shoes, protein, underwear, jewellery and much more…. Posted on 10 Sep Sir Chay Blyth returns to the Hamble To celebrate 50th anniversary of his solo circumnavigation British yachtsman Sir Chay Blyth returned to the Hamble on Friday to celebrate the 50th anniversary of his victorious return to the UK at the end of a pioneering day solo non-stop west-about circumnavigation against the prevailing winds and currents Posted on 7 Aug Sir Chay Blyth 50th anniversary celebrations A parade of sail will take place up the Hamble River Sir Chay Blyth returns to the Hamble to celebrate the 50th anniversary of his pioneering solo non-stop west-about circumnavigation back in aboard the 59ft ketch British Steel. Property Cars Auctions. Live Aboard Barge. Posted: 6 days ago.

The MV Albernina motor cruiser and 57ft yacht, 'Golem', seized in separate operations by law enforcement officials for smuggling firearms and class A drugs, are to be auctioned this evening in an unreserved Government auction.

Factor in the auction fees and boat transport costs. Auction - Chesterfield Saleroom Auction - Nottingham Saleroom 7. A selection of items to include sofas, chairs, tables and chairs, white goods, mattresses, artificial plants. Image: Boatnews. Designer fragrances from Prada, Boss, and…. View 33 photos. Auction - Nottingham Saleroom 5. There may be a bit of negotiation but if your provisional bid is accepted as is quite common , you are legally bound to complete the deal. Auction Ends From - Wed 28th Feb am. When you attend an auction in person, winking suavely at the auctioneer is not the way to bid.