A historic steamer that used to ferry people along the River Clyde in Scotland is to be sold at auction later this month, with the potential to be turned into a lucrative leisure attraction.
The Queen Mary, which first set sail in 1933, is to be sold later this month, although a guide price has yet to be set. The boat has been sitting in a dock at Tilbury, Essex since the early 1980s but Richard Lane, from Isle of Wight-based Capita... Continue Reading
Fulham Town Hall will be bought by one of eleven official bidders, with a decision made by Christmas on who will take on the historic hall.
The property was listed for sale by Hammersmith and Fulham Council in May as part of its attempts to reduce its £133 million debt. Since the sale was announced, developers have been clamouring to put forward their proposals for the site, which have included hotel, retail and housing plans.
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The business owners behind Britain’s small and medium-sized enterprises (SMEs) have said that their biggest cause of business distress is a downturn in demand for their wares.
In a survey carried out by commercial debt recovery solicitors, Lovetts, business owners across the UK were asked to rate different economic factors according to how important they were for their businesses. The primary issue was found to be falling demand, f... Continue Reading
A care home that is in urgent need of a new, experienced ownership team has been put up for sale by Kent County Council.
The Sea View Lodge in Herne Bay had its official registration cancelled by Magistrates in Canterbury in June, after the Care Quality Commission (CQC) sought "to protect people at Sea View Lodge", after reports of failing standards of care... Continue Reading
A number of interested parties have already expressed their interest in a landmark Cheltenham building that has been put up for sale, with the current highest bidder seeking to transform it into a high-end restaurant.
Montpellier Lodge - a former park-keeper's residence - is being put up for sale by Cheltenham Borough Council, after the council cabinet gave the go-ahead for the sale on Tuesday. Speaking at the meeting of the co... Continue Reading
A successful hotel on the sunny Isles of Scilly has been put up for sale by its owner, who plans to exit the business on retirement.
The St Martin’s on the Isle Hotel is a 30-bedroom establishment, with a leasehold until 2107 and a guide price of £2.5 million. Trading figures from last year show that - during its seven-month open period between March and October - it generated sales of £1.467 million, with EBITDA of £283,000.
Lord Viscount Cowdray is planning to hold what has been dubbed as “the grandest car boot sale of the year” in September, it has been reported.
The news comes after he recently sold his painting, A Portrait of Miss Read, for the record amount of £6.5 million. This week, Lord Cowdray invited a Daily Mail journalist to look around his home, where he is already gathering together other items to sell off. The items are expected to fe... Continue Reading
Nearly one in ten small- and medium-sized enterprises fear that they could go out of business within the next few months if trading conditions do not get better, according to a new report. The news represents increasing opportunities for business buyers to snap up distressed business deals.
The latest publication of the SME Pulse report, compiled every six months by insurance firm Aviva, showed that nine per cent of the businesses su... Continue Reading
Online retail businesses have soared since the official end of the recession, with more that 3,500 online start ups achieving sales of more than £100,000.
Figures put together by original internet auction site, eBay, show that more than 24,000 new businesses registered on eBay UK last year, marking a 38 per cent rise in registrations than the year before. The figures marked an even more stark contrast with the figures from 2007 when... Continue Reading
An energy price comparison tool specifically for small businesses has been launched.
uSwitchforbusiness, an independent business energy broker, revealed the service this week. It is the first of its kind for small businesses and aims to offer a similar level of price transparency as currently enjoyed by consumers.
It functions in a similar way to household comparison sites. Users enter their information, including their ... Continue Reading
Small businesses look set to benefit from the launch of a mentoring scheme, launched by the UK’s leading high street banks.
HSBC, Lloyds Banking Group, Barclays, Royal Bank of Scotland and Santander are all taking part in scheme, which is specifically designed to help small businesses with finance issues. The Business Finance Taskforce established the idea last summer in a bid to provide firms with more support on marketing and HR,... Continue Reading
A top-brand independent butcher shop in Sheffield has been put up for sale, following its long-term meat man's decision to retire.
Roy McKenna has decided to put the Bridge Farm Shop on Montrose Road, Carterknowle up for sale after 22 years of owning it, having first bought it for just £20,000. The building has been a popular landmark in the area ever since, establishing roaring return trade from local individuals and business... Continue Reading
The former Crown Post Office in Carlisle is on the verge of being sold to developers who have plans to transform it into a four-star hotel, apartments, offices or accommodation for students.
The Warwick Road building has presented an excellent opportunity for development since it closed as a post office in 2008 and was subsequently put on the market in 2009, for an asking price of £750,000.
Local businessmen, Simon Harr... Continue Reading
An auction of distressed commercial property in Belfast is being planned for September, in a bid to replicate the multi-million euro success of a similar sale held in Dublin earlier this year.
The auction is being organised by commercial property agent Osborne King, who said that is was going to be a 'bold' move, but they said that "the time is right".
The company's managing director, Martin McDowell, sai... Continue Reading
Small firms are set to fuel the revival of the British business landscape, according to a new report from HSBC Commercial Banking.
The survey predicted that smaller businesses will play a large part in kicking off a resurgence in manufacturing, with goods that are made in Britain enjoying a strong comeback.
Entrepreneurs were also listed as being of huge importance to the improvement of the country’s business sector, ... Continue Reading
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