Tiverton Canal Company Puts Horse-Drawn Barge Business Up for Sale, Impacting Local Tourism

What's Happening?

The Tiverton Canal Company, a family-run heritage attraction in Devon, has announced that its horse-drawn barge business is up for sale. Owned by Philip Brind, the business has been a staple in the town for approximately 40 years. The decision to sell comes as Brind and his wife consider retirement. The company is one of only two remaining horse-drawn barge operations in the country, making it a unique attraction. Brind expressed hope that a buyer with a passion for horses and boats would come forward. If a buyer is not found, the business may face liquidation, which would end its decades-long presence on the Grand Western Canal. Local Councillor Steve Lodge emphasized the potential loss to the town, noting the economic benefits the attraction brings to Tiverton and its surrounding businesses.

Why It's Important?

The sale of the Tiverton Canal Company's horse-drawn barge business holds significant implications for local tourism and the economy. As a unique heritage attraction, it draws visitors to the area, benefiting nearby businesses and contributing to the local economy. The potential closure of the business could lead to a decrease in tourist traffic, impacting the financial health of Tiverton's fringe businesses. Additionally, the loss of such a historical and cultural attraction would diminish the town's appeal as a tourist destination. The situation underscores the challenges faced by niche heritage businesses in maintaining operations amidst changing personal circumstances of owners and the need for passionate successors.

What's Next?

If a buyer is not found, the Tiverton Canal Company may continue operations for a limited time before potentially facing liquidation. This outcome would necessitate a reevaluation of local tourism strategies to mitigate the economic impact. The community and local government may need to explore alternative attractions or support mechanisms to preserve the town's tourism appeal. The situation also highlights the importance of succession planning for heritage businesses to ensure their continuity and contribution to local economies.