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Tel: 08450 506537 Email firstname.lastname@example.org 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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