Midland Garden Centes For Sale - 25.04.12
GARDEN CENTRES FOR SALE IN THE MIDLANDS 25.04.12
Quintons Edwards are instructed to sell Rutland Garden Centre in Leicestershire. It is for sale Freehold but the owners who wish to retire will consider a leasehold acquisition. In this regard we would grant a new lease for a term and rent to be agreed on the asset, the land, infrastructure and buildings and will look for a premium for the value of the trading potential plus stock and moveable plant and machinery at valuation.
If on a leasehold basis you would like the new building to be constructed then our clients would consider constructing the building at their own cost and increasing the rent.
Rutland Garden Centre has a number of benefits:-
1. It is adjacent to Rutland Garden Village whose tenants include Maidenhead Aquatics, Pets Corner, Yeomans Camping and Cotton Traders, which is also available for sale.
2. It benefits from planning consent for a new retail building extending to 587.5 sq.m. (6324 sq.ft.) plus a new area for open storage and nursery land.
3. There will be the opportunity to increase concessionary income from £13,800 to circa £50,000 per annum.
Rutland Garden Centre is a successful business where there is now the opportunity to substantially expand the heated covered sales area on the benefit of the recently acquired planning consent without losing any of the existing unheated sales area, to bring on more concessions if required and to utilise the rear open storage and nursery area.
With the benefit of Rutland Garden Village and the most successful Potting Shed Café with further capital investment the garden centre has substantial opportunity to increase turnover and profitability.
We also have on our books an attractive plant centre on a site of 7 acres with substantial potential to increase turnover and profitability and with the benefit of a two bedroom mobile home and planning consent for the erection of a tied dwelling and garage.
There is excellent access to the M69 motorway which links in turn to the M6 motorway and there is also good access to the M1 motorway. Leicester is an easy drive to the north east, Coventry to the south west and there is thus a large and affluent catchment population.
The current owners have created excellent foundations for a successful plant centre/garden centre with a good site layout, large modern plant centre and nursery buildings along with an excellent warehouse, all laid out so the retail sales areas can be expanded with a well fitted mobile home and planning consent for a tied dwelling. There is therefore an excellent opportunity for a new purchaser with energy to take the business forward and to increase turnover and profitability considerably and to work and live on site in this attractive environment.
For further information or full details on any of our garden centres or plant centres for sale, please contact Simon Quinton Smith or Rachel McMordie on 01635 551441
Businesses For Sale