Ray Posted August 27, 2023 Share Posted August 27, 2023 The Mill & Teashop is up for sale! They are looking for a like minded buyer to keep the enterprise going, I hope they find one and good luck to them in their future endeavours π 2 Quote Link to comment Share on other sites More sharing options...
Jbx5 Posted August 27, 2023 Share Posted August 27, 2023 Didnβt think they have had it too longΒ Quote Link to comment Share on other sites More sharing options...
Chelsea14Ian Posted August 27, 2023 Share Posted August 27, 2023 I think about six or seven years. Quote Link to comment Share on other sites More sharing options...
DAVIDH Posted August 27, 2023 Share Posted August 27, 2023 Went past last week and noticed all the mooring signs had the fees painted out. Wonder if the lack of fees has made the enterprise uneconomical.Β 1 Quote Link to comment Share on other sites More sharing options...
YnysMon Posted August 27, 2023 Share Posted August 27, 2023 I did wonder how they were managing to keep going. I must admit I havenβt been past during the summer holidays, but we had weeks in May and July this year and there werenβt that many people moored there. We went into the shop but didnβt buy much as we had little cash and they had a minimum spend on card, though would combine shop and cafe purchases. We didnβt go into the cafe though. Very friendly owner in the shop. Basically, I donβt think thereβs enough βfootfallβ. Unfortunately. Hope thatβs not going to be another mooring lost.Β Quote Link to comment Share on other sites More sharing options...
Ray Posted August 27, 2023 Author Share Posted August 27, 2023 I was surprised as only recently the sails went back on the mill, I imagine that was quite an investment. I hope they are OK and can keep their animals. Ventures like this are people's dreams, it's a very difficult world in which to live a dream. 5 Quote Link to comment Share on other sites More sharing options...
vanessan Posted August 27, 2023 Share Posted August 27, 2023 1 hour ago, DAVIDH said: Went past last week and noticed all the mooring signs had the fees painted out. Wonder if the lack of fees has made the enterprise uneconomical.Β Are you sure the fee signs had been painted over? They had changed the Β£5 fee to Β£6 a while ago and the signs had been changed to reflect this but werenβt very clear. In some cases it did look as though the Β£5 had been blanked out.Β Quote Link to comment Share on other sites More sharing options...
YnysMon Posted August 27, 2023 Share Posted August 27, 2023 Yes, the choice of Β£6 stickers to go over the Β£5 signs werenβt very well thought out. Mostly blended in with the background colour of the signage and difficult to read.Β Quote Link to comment Share on other sites More sharing options...
Broads01 Posted August 27, 2023 Share Posted August 27, 2023 It's not unique in being a mooring spot much less busy than it once was. We moored there overnight earlier this month and there were perhaps 10 or 12 boats there. I do hope it doesn't become another Berney Arms, being a slightly sad spot and a shadow of its former self. 1 Quote Link to comment Share on other sites More sharing options...
DAVIDH Posted August 27, 2023 Share Posted August 27, 2023 1 hour ago, vanessan said: Are you sure the fee signs had been painted over? They had changed the Β£5 fee to Β£6 a while ago and the signs had been changed to reflect this but werenβt very clear. In some cases it did look as though the Β£5 had been blanked out.Β Wouldn't stake my life on it... I did think it wasn't clear. One or two looked as though the fee was Β£1. Others as though it had been painted overΒ Quote Link to comment Share on other sites More sharing options...
Chelsea14Ian Posted August 27, 2023 Share Posted August 27, 2023 1 hour ago, Ray said: I was surprised as only recently the sails went back on the mill, I imagine that was quite an investment. I hope they are OK and can keep their animals. Ventures like this are people's dreams, it's a very difficult world in which to live a dream. As far as I understandΒ the mill is ran by a trust,notΒ by the ownersΒ of SA. 1 Quote Link to comment Share on other sites More sharing options...
kpnut Posted August 27, 2023 Share Posted August 27, 2023 1 hour ago, Ray said: I was surprised as only recently the sails went back on the mill, I imagine that was quite an investment. I have a feeling that the mill renovation was carried out/funded by a trust or charity of some sort, rather than the shop owners.Β I agree about the choice of sticker to update the mooring fee from Β£5 to Β£6. Looked like flowery wheelie bin stickers fromΒ dunelm that just didnβt show up at all.Β Fingers crossed thereβll be someone out there ready to take the site over. It has an enormous potential.Β 1 Quote Link to comment Share on other sites More sharing options...
Ray Posted August 27, 2023 Author Share Posted August 27, 2023 9 minutes ago, Chelsea14Ian said: As far as I understandΒ the mill is ran by a trust,notΒ by the ownersΒ of SA Β 9 minutes ago, kpnut said: I have a feeling that the mill renovation was carried out/funded by a trust or charity of some sort, rather than the shop owners That's good to know, thanks both π Quote Link to comment Share on other sites More sharing options...
ExSurveyor Posted August 27, 2023 Share Posted August 27, 2023 2 hours ago, Ray said: Ventures like this are people's dreams, it's a very difficult world in which to live a dream. Unfortunately peoples dreams rarely make a good business, I have mentored a number of dreamers, usually advising them to invest their money in a savings account instead. Small business start up is a faster way to burn money than a boat. Of 30 odd start ups I have mentored over the years, half stopped in time, 10 failed and 5 or 6 flourished eventually. 4 Quote Link to comment Share on other sites More sharing options...
Bikertov Posted August 27, 2023 Share Posted August 27, 2023 Reminds me of the old adage ... How do you become a millionaire boat owner? By being a multi-millionaire and then owning a boatΒ 3 Quote Link to comment Share on other sites More sharing options...
ChrisB Posted August 28, 2023 Share Posted August 28, 2023 8 hours ago, ExSurveyor said: Unfortunately peoples dreams rarely make a good business, I have mentored a number of dreamers, usually advising them to invest their money in a savings account instead. Small business start up is a faster way to burn money than a boat. Of 30 odd start ups I have mentored over the years, half stopped in time, 10 failed and 5 or 6 flourished eventually. One of the Multi-Nationals that I worked for would second us to help small business after so many years service. A kind of "A change is as good as a rest" sabatical. My experience mirrors yours almost exactly. 1 Quote Link to comment Share on other sites More sharing options...
CeePee1952 Posted August 28, 2023 Share Posted August 28, 2023 Found this -Β Β https://www.rightmove.co.uk/properties/138550016#/?channel=RES_BUY We moored there in October last year prior to our crossing over Breydon the next morning. Very friendly and we are mooring there again this Saturday before we cross over Breydon on the Sunday morning. Chris 1 1 Quote Link to comment Share on other sites More sharing options...
Regulo Posted August 28, 2023 Share Posted August 28, 2023 The question of moorings is a bit tangled, as I recall. I think the ex-pub, now Hindu community centre/temple, own the majority of the moorings, allowing the shop to collect mooring fees? 3 years ago, when I was last there, some investment was needed - posts missing, silting up etc. I stand to be corrected, of course.Β Quote Link to comment Share on other sites More sharing options...
Chelsea14Ian Posted August 28, 2023 Share Posted August 28, 2023 Even thoughΒ we life near by.We've yet to moor at SA since movingΒ to Martham. Due mainly to changing boats and mu health.We go past at leastΒ once a week.Its far from easy getting on and off the road there. We are on the boat in two weeks time and intend to moor there during our week on the boat.Like many I hope who ever buys SA makes a success.Β Quote Link to comment Share on other sites More sharing options...
Chelsea14Ian Posted August 28, 2023 Share Posted August 28, 2023 4 minutes ago, Regulo said: The question of moorings is a bit tangled, as I recall. I think the ex-pub, now Hindu community centre/temple, own the majority of the moorings, allowing the shop to collect mooring fees? 3 years ago, when I was last there, some investment was needed - posts missing, silting up etc. I stand to be corrected, of course.Β As far as I know.The temple own moorings up to the boundary of there land.Funny enoughΒ ten year ago I did considerΒ buying what is now the temple .That soon was ruled out.There must be an agreementΒ in place for fees . Quote Link to comment Share on other sites More sharing options...
Vaughan Posted August 28, 2023 Share Posted August 28, 2023 I remember years ago, when they built the shed for the new electric pump house, which I presume replaced a diesel pump in one of the outhouses. Β The mill was being completely restored at the time and had no sails. Β When the sails were refitted, it was discovered that the new pump house had been built too close to the mill and the sails couldn't turn. This is why the pump house now has that peculiar scollop out of one end of the roof! 5 1 1 Quote Link to comment Share on other sites More sharing options...
CambridgeCabby Posted August 28, 2023 Share Posted August 28, 2023 At the current asking price I feel it will be a lifestyle choice as opposed to a business venture , listing states that approximately 30 boat mooring spaces are included with the sale , obviously dependant on size of boat . If I were younger I would have seriously considered it as the opportunity is there to earn 6 to 8% (IMO) on capital investment and with the benefit of a pleasant living space and an asset that is appreciating . With further investment and the possibility of adding holiday lets (subject to planning) , the returns can obviously be greater . The one concern I would have is that as the mill is owned now by the trust then rights of access etc could possibly be problematic if wishing to expand the business and buildings footprint. Β Quote Link to comment Share on other sites More sharing options...
Troyboy Posted August 28, 2023 Share Posted August 28, 2023 I haven't done the maths and I'm just throwing this out with not a lot of thought, but with such a large stretch of mooring, could they not offer permanent moorings for a number of boats as a way of generating revenue. Parking might be an issue for boat owners and some further investment will be needed but if the moorings aren't being used it might be a solution.Β 1 Quote Link to comment Share on other sites More sharing options...
CambridgeCabby Posted August 28, 2023 Share Posted August 28, 2023 They could , possibly, but at what detriment to their other business ? Β Quote Link to comment Share on other sites More sharing options...
Lulu Posted August 28, 2023 Share Posted August 28, 2023 We havenβt moored there for a year or so. We like being at the start of the mooring Β (approaching from Stokesby) and there were missing and wobbly posts . In fact we saw one boat tie up and a post snapped off, so rather put us off and havenβt been back since . We may go and have a look when we have our week away soon and see if the posts have been replaced. Β 1 Quote Link to comment Share on other sites More sharing options...
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