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Business
Leasehold

£425,000

Leisure/hospitality for sale

Tiverton, Devon EX16

£425,000

Leisure/hospitality for sale
Tiverton, Devon EX16

    Business
    Leasehold

    About this property

      This is a truly unique award winning living heritage tourist attraction within popular mid devon Country Park and Local Nature Reserve, offering a rare, probably once in a lifetime, opportunity, only on the market due to retirement. Situated on the famous grand western canal in Tiverton, offering horse drawn barge trips, along with rowing boat and Canadian canoe hire, in addition to offering other boat services, with further opportunities available. Holding sole passenger carrying rights for the whole of the canal and potential expansion to other passenger carrying motorboats along the canal length.

      Operating from a substantial secure site, situated within the historic lime kiln Wharf and busy canal basin which is the main entrance to the canal country park, with its car/coach park and other attractions. Comprising office/administration building, separate storage building, large heavy horse stalls and tack room building within a paddock, boat yard, workshop/maintenance area, boat maintenance field/horse paddock, canal bank moorings complete with services, separate booking office & canal side gift shop building situated on the public side of the canal easily reached via private punt owned by the business.

      Sale includes valuable inventory of barges, boats, horses, vehicles, and associated equipment, not easily available, commanding substantial replacement cost. Amongst the inventory, 70’ horse drawn barge, seating for 70, licensed for 80, additional 50 seater horse drawn barge (not currently utilised), fleet of rowing boats and Canadian canoes. Still offers scope to introduce other boats such as motor or electric self-drive day boats for which good demand would be anticipated and for which permissions/moorings are already held.

      A renowned top performing business, same family hands 40+ years, operating seasonally Easter to October. Proving a great profitable business operated on a lifestyle basis, offering considerable further opportunities for new owners. These include running additional daytime and evening trips, running the second barge, events, additional opening such as Christmas, expanding the hire fleet, and offering boat maintenance for other boat owners on the canal, especially during winter.

      Leasehold £425,000 sav, Ref: M36291N

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