Heritage Yacht Sales obtains new lease in Long Beach

LONG BEACH — A yacht sales company will continue to operate out of its Alamitos Bay Marina location through early 2033, thanks to a new lease approved by the Long Beach City Council on Jan. 9. The lease extension was quickly and unanimously approved as part of the council’s consent calendar. Heritage Yacht Sales and Seacoast of Channel Islands (also known as Seacoast Heritage Sales) came to terms with the city of Long Beach to remain at 231 N. Marina Drive through Feb. 28, 2033. The new lease officially starts Feb. 1 of this year, making it a 15-year and 1-month term. No renewal options are included in the lease terms, according to a city staff report to Long Beach’s council members. Heritage/Seacoast Heritage will pay the city $2,100 in monthly rent plus seven percent on commissions for brokerage sales and seven percent on new boat sales generated from the Alamitos Bay Marina location. The brokerage’s office building occupies 480 square feet of space at 231 N. Marina Drive. Also at the premises are five slips, three side ties and non-exclusive parking spaces. Heritage/Seacoast Heritage may only use its premises for sale of new or brokering of used marine vessels. The lease prohibits vessel storage but...