Narrowboat hire business for sale in Gilwern Monmouthshire with owner's home included
Gilwern, Monmouthshire
- Status
FOR SALE
- Advert ID
648270
- Reference
4280 / Rightbiz
- Call Agent:
- Freehold: £950,000
- Turnover: £114,580 (£2,203 per week)
- Profit: On request
Business Details
Successful long established narrowboat hire business
Monmouthshire – Successful and long established narrowboat hire business operating on the Monmouthshire and Brecon canal with superbly presented three / four bedroom owners home, adjacent three bedroom house (currently let), gift shop, parking, workshop, stores, woodland (circa 2 acres). A genuine retirement sale and an opportunity not to be missed. Business turnover £113,468 (excluding VAT) last year with high profits to working owners and additional rental income of £10,080 a year. Potential to expand business further with holiday accommodation / B&B which has previously formed part of the business but ceased through owners choice. Fleet of 5 narrowboats ranging from 32ft to 42ft, all superbly maintained, with the narrowboat hire business operating from March to November. Very well presented owners home in main property with large lounge, kitchen and adjacent dining room all to a very high standard, former bed and breakfast bedroom with Juliet balcony, former kitchenette (now craft room), bathroom with toilet, three double bedrooms, family bathroom and toilet, cloakroom toilet on lower ground floor (both internal and external access for customer use), utility / laundry. Gift shop mainly used for customer check-in but with scope to increase retail side if desired, lifejacket store, bedding / linen store. Property double glazed throughout with gas fired central heating. Attached residential property (held under separate title) presently let and well presented throughout. Lounge with external doors to rear balcony, kitchen open plan to dining room and rear conservatory, three double bedrooms, bathroom with toilet. Workshop, fully equipped for running the business, store / stock shed, log store, steep sided woodland of approximately 2 acres. Lease of canal bank and tow path includes approximately 200ft length of moorings. This is an extremely well run business operating to a very high standard with rigorous systems in place to ensure the boats are well maintained and meet all current safety requirements. Price £950,000 Freehold.
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Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
Stay Safe
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
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Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Stay Safe
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Stay Safe
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Stay Safe
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Stay Safe
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
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Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
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