Situated in the Blackwater Estuary in south–east Essex Osea Island is accessible by land via a mile long winding causeway, but only at low tide and thus for only 4 hours in every 12. The ‘isolation’ of this private island is one of its finest features and greatest strengths. It is this situation combined with the very close proximity to Greater London with its resident population of 8.6mn (Trafalgar Square is only 47.9 miles from Osea) that makes Osea Island the haven that it is; the perfect location and setting for events, whether corporate or private, weddings, festivals and holiday lettings – a venue for all reasons and seasons – and total justification for the island’s commercial strapline: ‘Splendid Isolation’.
The island’s owner, wishing to re-finance the island, commissioned Petersham Group to undertake a review of the current business profile of the island and look at the ways in which the business is responding and should respond to its continuing evolution, as both a unique events and weddings venue and a holiday destination. This led to the preparation of a comprehensive feasibility and validation presentation report focusing on the island’s business prospects and potential in the coming years.
This work has supported the re-financing of the island which was has been successfully concluded, whilst also securing additional finance to fund an exciting new development phase that is already underway and which will provide additional accommodation and guest facilities to ‘the Village’ in the island’s residential hub.
In the meantime the island continues to prosper as a venue hosting a very wide range of events, both corporate and private, together with festivals and a growing number of weddings. The island also serves as a popular film location and has state of the art music recording studios which have already attracted artists such as Noah and The Whale, Tinnie Tempah, Jessie J, Sugarbabes, Labrinth and McFly.
- Client Osea Island Resort Limited
- Date August 18, 2015
- Tags Business Planning & Financial Modeling, Operational Support, Funding Advice & Assistance, Destinations