She was resting in a mud berth in Fingeringhoe marsh in Essex, where in 1939 she had been left by her previous owner, the Earl of Macclesfield, to quietly retire.
Over several decades she changed hands no fewer than 15 times, before spending 40 years in the mud berth from which she was finally rescued in 1975 when Richard bought her for pounds 1,000.
But if you grew up on the Hamble and Medina rivers during the 1960s, you may recall the melancholy spectacle of Velsheda and Endeavour lying dismasted in their mud berths
. On the Hamble the 127-foot Velsheda, once owned by Woolworths magnate William Lawrence Stephenson and named after his three daughters Velma, Sheila and Daphne, was being used as a houseboat and therefore in relatively good shape.