Marine Performance is a well established business at Upton Marina which offers marine engineering and repairs as well as a popular retail chandlery shop. The business benefits from a monopoly trading position with very little competition locally. The business was founded by the vendor in 1995 and is for sale due to their planned relocation. Services currently offered include:
Included in the sale are three hard standings for winter use which could be used to generate additional revenue, a boat mooring, and various dealerships. The vendor would be happy to offer a handover period to ensure the continued success of the business.
The agent states that the current marina is full to capacity with waiting lists for berths and moorings. The marina is due to be redeveloped with a new basin, shops and houses.
The property is available via a rolling lease at £13,850 per annum increasing each year in line with inflation.
Full terms and conditions and details of the accounts are available from the agent.
View this property on the Estate Agent’s Website.