Leisure/hospitality for sale in Kingsway, Dovercourt, Harwich CO12

Boating lake, coffee shop, watersports sales and hire business operating just behind front line beach huts offering a seafront position and a captive audience located within the town centre of this north essex coastal town. The business has been established since 2020 by our client who seized the opportunity to provide hire services on the 100-year-old boating lake such as pedalos, kayaks and paddleboards along with a retail sales and a coffee shop. The business benefits from multiple revenue streams, full complement of equipment, low overheads and has been brought to market with a genuine reason for sale. We are advised the annual takings are circa £90,000 on reduced hours and seasonal opening that achieves a high gross profit margin and offers huge scope to further increase revenues. Adjusted net profits show in excess of £39,000. The premises are held on a secure long-term lease at a current rental of only £1,600 annum exclusive and benefits from zero business rates payable. Rarely does such a type of business come to the open market so an early viewing is advised by sole agents Essex and Suffolk business sales.