FOR SALE
654715
FPM67737 / Rightbiz
Situated in a unique and highly desirable coastal harbour location on the Isle of Wight and now for sale, this is a rare opportunity to acquire both an established and extremely well-regarded going concern business together with boatyard freehold. This offer is made by way of a sale of company shares and transfer of land title from the landlords, subject to contract.
This traditional boatyard was originally founded in the 1950s and has been under current ownership for almost 40 years. It provides boat lift and storage, moorings, maintenance, repairs and marine engineering, it is also the recognised builder of a popular and widely renowned sailing dinghy and supports several locally based racing keelboat fleets.
The property itself totals approx.1 acre overall which includes storage capacity for approx. 250 boats with a roughly even split outside and inside. Several yard buildings provide for indoor storage, workshops, showroom and site office. The company also operates up to 50 drying/ swinging moorings in the harbour, held by way of commercial lease, which includes slipway access and it has its own jetty and pontoon infrastructure for landing purposes. The company also has a licence in place for a separate barn located a short distance away providing additional undercover storage for an additional approx. 15 boats.
Given the importance of this business to the local boating community, the freehold has a land covenant with a stated use for the building, repairing, overhauling and storage of boats and is therefore for sale on an assumed continued trading basis. This opportunity is perfectly prepared for handover to a suitably experienced private buyer or an existing marine business. Anyone considering this opportunity needs to be committed to maintaining the yard’s reputation and continuing its legacy as a vital local marine asset and boating services provider.
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.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
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.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
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.
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.
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.
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.
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.'.
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.
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.
Be safe, use a Rightbiz Solicitor
Get SolicitorThe data showed regarding this advert 'Boatyard Freehold with Traditional Boatyard Marine Business located on the Isle of Wight - FPM67737 / Rightbiz' comprises as a business advertisement. Rightbiz Ltd makes no warranty as to the accuracy or to the completeness of the advertisement or any linked or any associated information provided. In no event shall Rightbiz Ltd be liable for any damages or loss whatsoever including special, indirect, consequential, incidental or punitive damages for loss of profits and revenue, arising out of or connected with this website or to the use, reliance upon or performance of any information contained in or accessed from this website.