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Narrow Boat Hire Company In Midlands Village For Sale

Stoke Golding, Leicestershire, UK
Asking Price:
£545,000 Furniture / Fixtures included
Turnover:
£240,000
Net Profit:
£65,000

Freehold 6 modern narrowboats
Leasehold boatyard on13 year lease and cottage
Narrowboat hire base on the lock free Ashby canal provides a complete business and lifestyle package in one substantial location. Established business in the charming village of Stoke Golding.

Retirement sale after 32 years.

The sale includes 6 modern narrowboats, canal-side cottage together with fixtures, fittings and equipment.

The 6 narrowboats are for holiday hire sleeping between two and ten people.
The 3-bedroom cottage has a lounge, music room and small garden.

The business income is achieved from narrowboat hire for weekly and short break canal holidays, private moorings and two boat painting tents. Also sales from diesel, gas, coal, shop and repairs.
The site is approximately 3/4 of an acre with a cottage, carpark (for 20 cars), an office, shop, two boat painting tents, workshops and moorings.
This opportunity offers immediate profitability with bookings already taken for 2025.
The business operates from early March until end of November.
With an online presence, including a website.
The company has excellent ratings and reviews on Google (4.9 stars) and Facebook (5 stars).
The current owners are committed to providing full training and support to ensure a smooth transition.
Embark on your own successful venture in the boating and the leisure industry.
The purchaser has the option to buy 2 additional boats that are currently in the fleet.
Purchase price with 6 boats is £480,000
Purchase price with 8 boats is £545,000

Property Information

Property:

Leasehold

Lease Terms:

New 14 year lease.

Leasehold Rent:

£14,000 per annum

Living Accommodation:

Canalside cottage, 3 bedrooms.

Location:

Stoke Golding CV13 6EY

Premises Details:

Fleet of 8 Narrowboats, boat moorings and 3 bedroom canal-side cottage.
Shop, office, 2 boat painting tents and workshops.

Energy Performance Rating:
D

Business Operation

Expansion Potential:

Currently operate 8 boats for hire between March and November.

Reasons for selling:

Retirement sale after 32 years of ownership.

Trading hours:

Monday until Friday 9am - 5pm
Saturday 9am - 12pm.

Employees:
0
Years established:
32

Other Information

Support & training:

Full support and training will be given for 14 days with advice and phone support for the following 6 months at least if required.

Furniture / Fixtures value:
£30,000 - included in the asking price
Inventory / Stock value:
£16,000