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£84,950

Industrial unit for sale

Licenced Tourist Road Train Located In Fowey

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Industrial unit
0 bedroom
0 bathroom

Property features

  • Fowey Tourist Train
  • Established Business
  • Carries 20 Passengers
  • Fully Equipped
  • Operates May - September
  • Bus Drivers Licence Required

Property description

Licenced Tourist Road Train Located In Fowey
Capacity 20 Passengers
Fully Equipped
Ref 2573

Location
This delightful Tourist Road Train business operates within Fowey town centre. This historic harbour town is set in an Area of Outstanding Natural Beauty and is regarded as one of the most attractive waterside communities in Cornwall. It is a popular sailing centre and tourist town surrounded by beautiful countryside and coastline. Fowey is the newly discovered ‘hidden gem' and, whilst always had plenty of visitors, is becoming increasingly popular as the word spreads.

Asking Price: £84,950

Business Description
Veritas Business Sales offer for sale this established and well respected Tourist Road Train business which is located in Fowey. The business was established 15 years ago by the current owner and is now being offered for sale so that he can enjoy a well deserved retirement.
Since ownership my client has made continual investment in maintaining the carriage and train. The Road Train (Land Rover Defender 05 Plate) is fully serviced which is a huge plus for any new purchaser as additional funds will not need to be spent for some time. The business is owner operated and employs the help of 4 part time members of staff. They trade from the beginning of May until the end of September and has an annual turnover of £36,000 with a very healthy net profit (trading from May 1st - September 30th). Fowey Road Train is the only licenced tourist road train allowed to operate within the town and has a capacity to carry 19 passengers. The tour enables visitors to see so much more of Fowey taking in some spectacular views at a cost of £5.00 per head. A full training and handover period will be given to any prospective purchaser.
We believe that there is further potential to increase trade by extending upon the current opening hours during the summer months and introducing a much more vigorous advertising and marketing campaign along with addition of a more comprehensive website. The business already enjoys a strong reputation within the local community and is seen as a benefit to the town. Because of this the business has a high level of recommendations with regular and repeat trade from returning tourists.

Exclusive Licence and Permits
Licence renewable every 5 years
Licence: £600 pa
Bus drivers licence needed

Opening Hours
1st May - 30th September
First departure 11.00am
Last departure 4.00pm & 5.30pm depending on the time of season.

Fowey Road Train
Carries up to 19 passengers
Informative commentary
Business is zero rated for VAT

    Veritas

    Veritas Business Sales - Solihull

    Central Boulevard, Blythe Valley Business Park Solihull, West Midlands B90 8AG

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    Veritas Business Sales has been at the forefront of Business Sales, Acquisitions, Disposals and Commercial Property Sales for many years. We handle SMEs, company share or asset sales or just the disposal of a lease, so we pretty much have it covered. Once you have made the life-changing decision to sell your Business, the next most important step is to instruct the correct agent. At Veritas we have the experience, contacts and marketing power to expose your most prized asset to the right calibre of purchaser. We understand the mechanics behind a multitude of sectors to ensure that the process is both smooth and hassle-free to our clients. We liaise with all parties involved to include Landlords, Solicitors and Accountants and keep you updated with the conveyancing and contract matters every step of the way. We have carved a reputation as specialist agents to the catering trade and have recently sold millions of pounds worth of Fish & Chip Restaurants in The West Country. Other sectors include Licensed, Leisure, Health Care, Retail, Franchising and Property. Our Head office is located in Solihull with further offices in Truro, Nottingham, Norwich and soon to be Cardiff. Whether you are selling a Coffee Shop in Warwickshire, a Public House in Worcestershire, a Residential Care Home in Cornwall, a Retail business in The West Midlands or a Hotel Glamorgan. We have the knowledge and expertise to help with your exit strategy. We have a network of Consultants across the UK so choosing a business agent that understands your business and the benefits of its location means that we can strategically present your concern to a focused audience. Contact us for your free and confidential no obligation business valuation at a time and date to suit.

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