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									                                                                           Tel: 08450 506537
                                                                    Email darren@countybusinesssales.co.uk
                                                                    www.countybusinesssales.co.uk

                                                            REF BH.0.325.EL


                    River Thames Boat Hire including Sightseeing Rights and
                                       Assets.



.




STAFF          In addition to the vendor the business
employs one full time mate, one self employed bar
person and one skipper if the vendor is busy elsewhere.

TURNOVER The sale is split into two components.
The boat hire side generated a turnover of £152,332
as per accounts year ending 31/12/08. The up river
sightseeing service had a turnover of £465,460 as per
accounts year ending 31/12/08

TENURE         A recently renewed five year lease is held
on Hampton Court Pier. The current rent is £7,000 plus
Vat per annum, which is split five ways between the five
operators. Included in the sale, is a 20% share of the
freehold for Kew Gardens Pier and Richmond
Landing Stage, with an estimated total value of one
million pounds.
.
BUSINESS County Business Sales are pleased to offer for sale this family run River Thames boat hire
business with a 20% share in a sightseeing service operating from Westminster Pier to Kew Gardens, Richmond
and Hampton Court Palace. The consortium of five vessels has sole rights for this sightseeing service.

                                                                     The private charter side of the business has over 500 years of
                                                                     River Thames history operating from Hampton Court down
                                                                     through London to Gravesend. It caters for any occasion including
                                                                     birthdays, anniversaries, casino cruises, and Christmas & New
                                                                     Years Eve Parties and is a veteran of the Dunkirk evacuations.
                                                                     It is still up to date, licensed by the Port of London Authority and
                                                                     conforms to the latest safety requirements for the River Thames.
                                                                     The boat has a licensed bar and can supply a DJ’s or karaoke
                                                                     and a full menu ranging from finger buffet to a silver service
                                                                     three course menu.
                                                                     ASSETS         Included in the sale is an MCA class V boat with a
                                                                     capacity for 150 passengers. We estimate the value of this asset at
                                                                     around £200,000




Built by Salter Brothers, in Oxfordshire
in 1914 the vessel is:


1. Length- 101ft
2. Beam-16ft
3. Maximum draft - 2ft 9
4. Fuel capacity- 2200 litres
5. Engine model- 11.5 Scannia
6. Maximum speed- 12.5 knots on the
Thames
7. Bridge clearance -4m
8. Dry weight- 70 metric tonnes


COMMENTS                           This is an established business with considerable assets and represents a rare and unique
opportunity.


PRICE               £ 325,000    To include goodwill, boat, 20% share in the freehold of two piers plus
sightseeing rights, and website.

SPECIAL NOTES                     All negotiations will be conducted through County Business Sales who will be pleased to assist in every way but under
                                  the strictest terms of confidentiality as required by the vendor.

These particulars are written in good faith and set out as a general guide only, based upon details given and verified by the vendor but do not constitute any part of an
offer or contract. Prospective purchasers are advised to check anything which is critical to their interest in the property or business. County Business Sales nor any
person in its employ has any authority to make or give any representation or warranty.

								
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