Skip to content

Stewart Marine, Harts Boatyard, Surbiton, Surrey, KT6 4HJ

Offers Invited
Christie & Co, Retail
SIZE

Ask agent

SECTOR

Marine property for sale

Key features

  • Freehold with numerous residential moorings
  • Multiple income streams
  • Further leisure & commercial moorings
  • Electric hireboats fleet & luxury houseboat
  • Beautiful classic charter boat. Slipway
  • EPC exempt. Retirement Sale
  • Christie & Co Ref: 3818273

Description

Description

Established in 1853, Harts is the oldest boatyard in surrey and is in a glorious position on the River Thames,
opposite Bushy Park and Hampton Court Palace. Stewart Marine is an owner managed Marina on the first non tidal stretch of the River Thames. It is also known as Harts Boatyard and offers residential moorings, leisure moorings, an electric hire boat fleet, boatbuilding, maintenance services and boat sales.

The current business has operated on the site since 1985 and owns the freehold of the land adjacent to the residential moorings and has a long established lease from Mitchell and Butler for the boathouses and frontage.

In 2007 the mooring were refurbished and new floating pontoons fitted. At that time we started building widebeam canal boats for the residential market. Since then the company has built over forty 57-60ft canal boats. The last was delivered in October last year. Close to all of the wide beam residential boats at Harts boatyard were built on site by our team.

Since covid, the River Thames has become a very popular leisure amenity and to cater for this
we have established two new fleets of electric hire boats, one at Harts Boatyard and one at The Mitre Hotel Hampton court. We also have a classic 1897 Gentleman’s launch called ‘Em’ which is very popular for weddings, anniversaries and corporate days, this vessel operates between both sites. We have full workshop facilities in our boathouse and undertake all types of repairs, refurbishments and can build new boats to order. We currently have 16 widebeam canal boats on the moorings 13 of which are residential. There are also a number of smaller leisure
moorings and the total income from the mooring exceeds £200,000.

We have an established Sales and brokerage side catering for boats on the mooring and the general public. Check our websites for further details. The company owns a large houseboat that can be used for staff accommodation, as a sales office or can be a rented air B&B.

Location

Harts boat yard is situated on a prime site, a mile upstream from the bridge at Kingston upon Thames and opposite the open parkland of Hampton court palace grounds. It is a short walk to Surbiton mainline station.

The Opportunity

The recently added second boat hire venue at the Mitre has not reached full maturity, leaving room for further growth in turnover.

The house-boat could be rented out on Air B&B. House-boat could be sold making room for two further wide-beam
moorings at approx £13,000 per annum per mooring.

Boat sales and brokerage has good potential for growth with residential moorings attracting 10% transfer fee and 4% brokerage fee.

Staff

The majority of our staff are seasonal hire boat shore crew and duty managers who are
based on zero hour contracts. The most recent trading period ending 31 June 2023 shows an annual wage bill of around £100,000.

Staff will transfer with the business under TUPE rules.

Trading Information

See dataroom for all financial information

Trading Hours

Summer - Weekdays 8:30am -7pm / Weekends 8:30am - 8pm
Winter - Weekdays 8:30am -5:30pm / Weekends No Opening

Tenure

The current business has operated on the site since 1985 and owns the freehold of the land adjacent to the residential moorings and has a long established lease from Mitchell and Butler for the boathouse and frontage.

Business Rates

Business rates payable are £15,469 per annum. A retail, hospitality and leisure discount can be applied which reduces the figure by £9898.91 and a transitional relief discount that reduces the figure by a further £2270.45.

The actual business rate figure post discounts comes to £3299.64 per annum.

Energy Performance Certificates

EPC 1

Brochures

Stewart Marine, Harts Boatyard, Surbiton, Surrey, KT6 4HJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Surbiton Station0.4 miles
  • Hampton Wick Station1.2 miles
  • Kingston Station1.2 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 3818273-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data ©OpenStreetMap contributors.