Port Edgar marina on the outskirts of Edinburgh has been sold for an undisclosed sum to West Coast Capital, the investment arm of Sir Tom Hunter’s Family Office.
The acquisition of the facility at South Queensferry on the Firth of Forth, includes the entire shareholding of Port Edgar Holdings, Port Edgar Marina, and Production Yachts (Port Edgar), together with the long leasehold agreement with Edinburgh Council that extends to 2100.
Port Edgar is a major hub for sailing enthusiasts, marine businesses, and waterfront leisure businesses. It provides 320 pontoon berths with full services and comprehensive boatyard facilities.
The marina, close to the Forth bridges, generates income from berth fees, leases to 25 commercial tenants, and marine retail operations. Among the tenant businesses are Edinburgh Watersports, Forth Tours, Scotts restaurant and Beacon, a retail outlet stocking clothing and accessories from multiple brands.
The deal ensures all employees and tenant businesses remaining in place under the new ownership. Outgoing owners Cara and Russell Aitken will step down in the coming weeks after completing a collaborative handover with the new management team, led by Jamie Hunter.
He said: “We now look forward to investing further in its development and supporting all the businesses based there.”
Since taking over the leasehold in 2014, the Aitkens have driven significant improvements at Port Edgar through a seven-figure capital investment programme. Their work has included major dredging operations, upgraded marina infrastructure, and substantial enhancement of the shore-based facilities, establishing the venue as one of Scotland’s leading marinas.
Mr Aitken said: “We are confident that West Coast Capital are the perfect owners to take Port Edgar forward.
“The team are committed to further investment and securing the long-term future of the marina. They already invest in Buzzworks, which owns Scotts restaurant here at Port Edgar, so they understand the huge potential of the site as a leisure destination and have the vision and resources to realise it.
“We would like to thank all our berth holders, tenants, staff, and suppliers for their incredible support during our time here. It has been a privilege to serve this wonderful community.”
Port Edgar’s origins date back to 1916 when it was established as HMS Columbine during the First World War. The site functioned as a Royal Navy training facility and became strategically important in the Second World War for minesweeping and anti-submarine warfare throughout the North Sea.
Following its closure as a naval base in 1978, the site transitioned to civilian ownership and has developed into the successful marina and leisure destination it is today.
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