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Riverside development opportunity in Ely Cambridgeshire suitable for commercial or residential use

Ely, Cambridgeshire
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  • Freehold: £650,000
  • Turnover: Not Applicable
  • Profit: Not Applicable

Business Details

CAMBRIDGESHIRE IDYLLIC RIVERSIDE DEVELOPMENT OPPORTUNITY

Blissful location adjacent the River Great Ouse
Short walk from Ely centre and amenities
Boatyard with workshop and canal/cut
Rare riverside development opportunity 
Close to Ely station with direct trains to London
Ideal commercial or residential conversion STPP

THE OPPORTUNITY
A rare opportunity has become available to purchase the freehold of The Boat Yard.  The premises is located on Annesdale in Ely’s Waterside area and is situated in a scenic position adjacent to the picturesque River Great Ouse. The total site measures 0.13 acres (0.053ha) and may be suitable for either residential or commercial development.  Although the site’s development potential has not yet been explored, our client informs us the site does not fall within a flood zone and that the Local Authority may be open to granting planning permission.

The site would suit a variety of different uses: a bespoke ‘grand design’ style residential dwelling, Canalside hospitality venue or industrial premises. For further information regarding the planning process, please visit the East Cambridgeshire District Council planning portal at www.eastcambs.gov.uk/

The site is currently operated as a traditional boatyard and comprises an open plan, detached workshop and a cut (a small canal).  The business specialises in narrowboat and widebeam fit-outs and repairs.  

Our client has been involved in the business since 2002 and now wishes to sell the premises in order to retire. For further information regrading the current business, please visit www.the-boat-yard.co.uk/

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Stay Safe

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.

Stay Safe

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.

Stay Safe

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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