Size: 4.8 acres
Tenure: Leasehold
Sale Type: Asset Sale
Business Type: Retail
Owned Since: 2005
Accommodation: No 
Portal Framed: No
Glasshouse(s): Yes
Canopied Area(s): Yes
Polytunnel(s): Yes
Concessions: No
Cafe/Restaurant: Yes
Aquatic Sundries: Yes
Pet Sundries: Yes
Clothing: No
Farm Shop Sales: No
Mains Electricity: Yes
Mains Gas: No
Mains Sewage: No
Mains Water: YesDescription
FOR SALE: Garden Centre & Nursery business in Norfolk operated from leased premises
Operated by the vendor for the past circa 18 years.
Located close to large population area.
Leased premises circa 4.8 acres (1.95 hectares).
Leased structures include Glasshouses, Canopies & Brick/Timber buildings to include Tea Room, Office, Storage and WC’s.
Covered retail area circa 983 sq. m. (10,583 sq. ft.)
Nursery Glasshouse circa 298 sq. m. (3,234 sq. ft.)
Profitable business with turnover of circa. £817,000.00 for Y.E. 31st August 2022.
G.P. = 47.1%
N.P. = 7.4%
E.B.I.T.D.A. = 8.8%.
The existing 20 year lease is scheduled to expire on the 31st August 2024, however our client’s landlord has agreed to offer a new 20 to 25 year lease commencing on the 1st September 2024 (Terms to be agreed).
EPC Ratings = Garden Centre: ‘E’ and Tea Room: ‘E’.
We are seeking an asking price of £350,000.00 with the saleable stock to be in addition at cost valuation for our clients business.
To request a comprehensive sales information brochure; please select 'Request Details' below or contact Alexander Mackie Associates Ltd. directly on telephone 01732 522222 quoting reference number 9254GC.