Home
Distressed Businesses
  • All Distressed Businessess
  • Administrations
  • Liquidations
  • Winding Up
  • Insolvency Advice  New
Buy a Business
  • All Businesses for Sale
  • Find a Business for Sale
  • Raising Business Finance
  • Buyer Acquisition Service   New
  • Escrow Service   New
Sell a Business
  • Sell Your Business
  • List your Business
  • Seller Accounts
  • Need Help Selling?
  • Help With Finance New
  • Business Valuation
  • Business Wanted Adverts
Insights & News
  • View All News
  • View All Insights
  • Exclusive Insights New
Lens
  • Search all UK Companies  New
Log in
Join Now

Home / News / Owners of Barry's Amusements remarket iconic attraction

Owners of Barry's Amusements remarket iconic attraction

Tue, 11 May 2021 | COMMERCIAL PROPERTY



The owners of North Coast tourist attraction Barry's Amusements have issued a statement revealing their plans to sell the business.

The Trufelli family, who own and run the site in Portrush, have stated that they intend to put the business back on the market as a result of economic conditions beginning to stabilise after the pandemic.

Savills and Philip Tweedie & Company have been appointed to market the attraction as both a going concern and as an opportunity for development. However, they added that they are concerned they may be unable to find a "suitable purchaser".

"Whilst our hope is that we will be able to sell the business as a going concern, we recognise that it may not be possible to find a suitable purchaser," they said.

The business was originally put on the market in October 2019, but the family stated that the "intense process" had been hindered by the COVID-19 pandemic and the economic problems that had resulted from lockdown.

The family has also confirmed that it has no plans to continue running the site until it has secured a buyer. "Whilst our hope is that we will be able to sell the business as a going concern, we recognise that it may not be possible to find a suitable purchaser," they added.

Barry's Amusements was founded in Portrush nearly 100 years ago and has been described by the estate agents as an "excellent opportunity" for a buyer wishing to develop the mixed-use scheme.

Listed at £2.75 million, the attraction has also been advertised as being the “last remaining seafront development site in Portrush”, with the potential to be transformed into a new business within the "residential, hotel & leisure and recreation" industries.


One of the best ways to find properties below market price is to look at recent administrations.


Share this article



Latest Businesses for Sale

Catering & Marquee Business
North Yorkshire, Yorkshire and the Humber, UK

An amazing opportunity to buy a high turnover and very profitable catering and marquee business that operates in North and West Yorkshire areas. This business is a very successful business with many contracts already secured for 2020 and beyond. Curr...

Asking Price: £325,000
Turnover: £550,000

LEASEHOLD


Village Pub With Hotel Rooms & Accommodation
Barnsley, South Yorkshire, Yorkshire and the Humber, UK

Central Village Setting. Space to Seat 85 Customers. Hotels Rooms. Separate Landlord Accommodation. An amazing opportunity to purchase the lease of this very busy pub with 4 hotel rooms and 3-bedroom landlord accommodation. Offers invited.

Asking Price: £330,000
Turnover: £586,000

LEASEHOLD


Hair & Beauty Salon
South East, UK

The ‘Turn key’ opportunity was first established by the owner over 40 years ago, who is now looking to find the right buyer to allow them to retire. The business is a multi-faceted business which offers both hairdressing, barbering, beauty service...

Asking Price: Offers Invited
Turnover: £690,000

LEASEHOLD



View more businesses for sale

News Search

Latest News

 
27
 
Jun
 

Administrators seek buyer for listed pharmaceutical company | ADMINISTRATION

Listed pharmaceutical firm 4D Pharma Plc has fallen into adm...

 
24
 
Jun
 

E-commerce imports retailer up for sale for £1.6m | BUSINESS SALE

Deals Incorporated, a Manchester-based e-commerce retailer t...

 
23
 
Jun
 

Auto Trader completes acquisition of Autorama at nearly 16x gross profits | BUSINESS SALE

Auto Trader has completed the acquisition of new vehicle lea...

Free guide: 10 Biggest Buyer Mistakes

Sign up to receive our acquisition alert emails to get your FREE guide

Email


Want access to the latest businesses for sale?

Business Sale Report is your complete solution to finding great acquisition opportunities.

Join today to receive:

  • Comprehensive range of businesses for sale
  • Make direct contact with business sellers or their intermediaries
  • Access to all UK administrations, liquidations and winding-up petitions
  • Daily email alerts for the latest businesses for sale & distressed notifications
  • Business Sale Report publication posted to you every month
  • Advertise your acquisition requirements on our "business wanted" section

All this and much more, including the latest M&A news and exclusive resources

Become a Member

News Categories

  • - Business Sale
  • - Division Sale
  • - Administration
  • - MBO/MBI
  • - Merger
  • - Commercial Property

View all news


About Us

Business Sale Report is the UK's leading independent business for sale & distressed business listing service. Established in 1995, the report offers an up-to-the-minute, comprehensive overview of businesses for sale, latest distressed business listings and daily acquisition news.

Our Services

Businesses for Sale
Distressed Companies
List a Business
Help with Finance
Buyer Acquisition Service
Small Businesses for Sale

Company

About Us
Insights
News
FAQs
Reviews
Terms & Conditions
Privacy Policy

Get In Touch

020 8875 0200
[email protected]
167 Oakhill Road, London, SW15 2QW
Working hours: Mon-Fri, 9am - 5:30pm


Sign up to our free newsletter



© 1995-2022. Business Sale Report Ltd. All rights reserved. www.business-sale.com.