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Superb And Profitable Marina In A Prime Location Lincolnshire

Boston Lincolnshire
SUPERB AND PROFITABLE MARINA IN A PRIME LOCATION Central location in Boston, the large town in Lincolnshire 1 bedroom holiday let set in grounds of house
BUSINESS FOR SALE ADVERT DETAILS

ADVERT NUMBER : 59590
ADVERT IMPRESSIONS : 9,126 TIME(S)

 
BUSINESS SECTOR: Leisure / Recreation
TRADE TYPE: Other
SALE: Agent Sale

FREEHOLD:

£395000
 

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BUSINESS DETAILS:

SUPERB AND PROFITABLE MARINA IN A PRIME LOCATION
Central location in Boston, the large town in Lincolnshire
1 bedroom holiday let set in grounds of house
Superb 3 bedroom detached property
Advised annual turnover of £43,249
50 moorings

Option to purchase house & holiday let separately
Option to purchase mooring separately

MOORINGS - LONG LEASEHOLD (RESIDUE 999 YEARS)
HOUSE & HOLIDAY LET - FREEHOLD


Location

This superb marina is located in a prime position just minutes from the centre of Boston and the waterways system around the area. The marina is highly visible from both the main bridge and also when entering Boston by boat.

Boston is a town and small port in Lincolnshire, on the east coast of England. It is the largest town in Lincolnshire and is a very popular location. The area has strong road and rail links with Boston being served via the A52 and the A15 trunk roads.


Business History

Meridian Business Sales are delighted to offer to the market this unique and highly profitable marina which has been in the careful hands of clients since 1997. The only reason this superb business is being brought to the market is our clients strong desire to take a well earned retirement.

Since our clients took ownership of the business they have embarked on a refurbishment program to all areas of the business and this is still on going today culminating we feel a true walk in and trade business opportunity. Our clients inform us that the projected turnover is currently at 43,249pa as they switched from seasonal to all year round trading in Oct 2010.

The turnover is currently derived from annual mooring fees and rental of the holiday cottage but our clients reliably inform us that growth can come from using a few moorings for boat sales and introducing a day trip boat.

The business enjoys full mooring bookings year on year as these are at a premium in the area. We recommend early viewing of this unique opportunity.


Financial Profile

Projected turnover: £43,249pa
Stock approximately: £10,000


Tenure

Long Leasehold - Residue: 999 years
Ground/chief rent: £8.81pa
Cottage & house freehold


Opening Hours

Trades all year round


Accommodation

Well maintained and presented 3 bed detached property with a 1 bedroom, 2 storey holiday let set in the grounds of the house plus a 50 mooring marina, briefly comprising:

Detached property briefly consists of:
GROUND FLOOR - Large hallway with quality carpets and decoration leading to a fully fitted kitchen with base and wall units and built in appliances. Large lounge with feature fireplace extended to provide a sun lounge, full conservatory and a utility/cloakroom.

FIRST FLOOR - Large landing with quality carpets, family bathroom with 4 piece suite, large office space on the landing and 3 x double bedrooms.

Holiday let briefly consist of:
GROUND FLOOR - Entrance hall with ceramic floor, lounge with quality carpets and decoration, galley kitchen with built in appliances and a shower room with toilet. Staircase to first floor.

FIRST FLOOR - 1 x double bedroom with en-suite bathroom.

EXTERNAL - The marina has 50 moorings with wooden staging full electricity hook up water supply and barbeque facilities. To the rear of the moorings is a lawned area and footpath the full length of the property. The detached house has a good sized rear garden laid to lawn with flower beds.


Additional Details

'Holiday let' rental at £150pw / Option to buy 50 moorings separately for £190,000 / Option to buy detached property with holiday let and 1 private mooring separately at £229,950
   
  FOR SALE
   

REFERENCE:

1882 / RightBiz
   
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