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Commercial property for sale in Monkey Island Lane, Bray, Maidenhead SL6 - Zoopla

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ALL Detached Attached Bungalows Park Homes Flats Land Newbuild
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Commercial property for sale
Monkey Island Lane, Bray, Maidenhead SL6
£500,000
 

Description

Ref 6735 – Event Boat & Hire Business
Blacks Brokers are pleased to bring to the market this event boat and hire business currently located at the highly sought after Bray in Maidenhead.
Introduction

Berkshire Boats Ltd has been trading since 2014, however the business was previously trading under a different name from 1995. Our client took ownership in 2014. The business is well known and has an excellent reputation in the area with a large base of repeat customers and much trade is generated by word of mouth and recommendations. Berkshire Boats Ltd caters for weddings, parties, corporate events and other celebrations.
Location

The boat is moored in Bray, Berkshire. Using the Thames for easy access to London, Windsor and Henley. The mooring is rented at a cost of £12,000 per annum for three boats. At present, there is only one boat so this agreement is under negotiation. The mooring has shore power (Electricity supply), fresh water supply, pump out facilities (for the sewage tanks) and a fuel container that can hold up to 2,500 litres.
Reason for sale

The business is ideally suited to a hands-on owner-operator but due to our clients desire to relocate the business is offered for sale and presents an excellent opportunity for a new owner to take the business to the next level.
Business information

The Georgian is a Maritime and Coastguard Agency certified class 5 passenger vessel and is licenced for class A, B and C waters. The boat has a one compartment survivability and was built in 1995, fitted with a marine 6LXB Gardner Engine meaning the vessel can work in the upper Thames as far as Henley and London.

The Georgian has a capacity for a comfortable 130 but can increase to a maximum of 150, formal dining can cater up to 70. The boat has been maintained to an extremely high standard over the years, new carpets were fitted throughout in 2016. In 2015 ultrasound and megger test reports were carried out and a new shaft was fitted. Inside the boat converts into a beautiful restaurant with space for entertainment on board. The boat has a good sized fully functioning kitchen and modern toilets for both males and females. All fixtures and fittings and kitchen equipment are included in the sale other than life rafts which are on rental from another company, this is a legal requirement.
Financial details

Berkshire Boats Ltd has traded well for a number of years. We are advised that the business currently has annual turnover of £232,000 with gross profit of £176,245 and an adjusted net profit of £142,565. Full financial details are available upon viewing.
Summary

This boat and hire business is well established and exceptionally well renowned in this business sector. There is plenty of scope to develop the business further with a strong marketing drive and potentially an expansion of the fleet to cater for more events. This would also require more staff. This proposition may be of great interest to a similar business looking for expansion in this area of Berkshire. Early viewings are very strongly advised. Business & Property: £500,000.

Please quote ref: 6788 View more View less
Blacks Business Brokers
0161 937 5978
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   STUDENT
UKInternational LOCATION:
ALL Detached Attached Bungalows Park Homes Flats Land Newbuild
KEYWORDS:
FILTERS