Description
FOR SALE: Garden Centre and Nursery with Tea Room in Essex
Freehold circa 7.2 acres (2.9 hectares).
Retirement Sale.
Same family ownership for over 57 years.
Located close to ‘A’ roads and to a major population area.
Circa 200 Tarmac & white lined parking spaces.
Structures include Glasshouses, Canopies, Poly/Netted tunnels & Agricultural Buildings.
The total retail glasshouse sales area circa: 2,695 sq. m. (29,009 sq. ft.).
The total retail poly/netted tunnels circa: 1,879 sq. m. (20,225 sq. ft.).
The total nursery poly/netted tunnels circa: 3,220 sq. m. (34,660 sq. ft.).
The total nursery glass circa: 299 sq. m. (3,218 sq. ft.).
Extensive external plantarias with raised metal display benches.
No concessions on-site.
Profitable business with turnover of circa £3.45 Million for Y.E. 2023. Draft Accounts show:
- G.P. 46%
- O.P. 16%
- N.P. 12%
- E.B.I.T.D.A. 18%
EPC Rating = ‘C’
Share Sale
Asking Price: Offers around £4 Million plus stock at cost valuation (circa £600k).
A signed N.D.A. will be required prior to the release of any documentation.