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• ESTABLISHED PLANT SALES BUSINESS

Price:
Leasehold - £9,950
Seller Ref:
B35738
Location:

Cornwall

Business Type:

Agricultural Businesses

See Other:
Garden centres/nurseries for sale in Cornwall
Agricultural businesses for sale in Cornwall
Description:
THE BUSINESS:
• LOCATED IN RENOWNED CORNISH GARDENS
• GOOD RETAIL FACILITIES, DISPLAY AND PROPAGATION GREENHOUSES
• OFFERED WITH NEW LEASE
• UNRIVALLED OPPORTUNITY IN EXPANDING AND POPULAR GARDEN
We understand a horticultural retail business has been established on this site for the past 15 years, and has been in the current tenant’s tenure for the past 4 years. The nursery trades all year, with some limited closing between November and January. Whilst the business is principally retail, there is some opportunity to propagate on site with the greenhouse and polytunnel.

We are advised the turnover for the latest financial year is in the region of £62,000, which produces a gross profit of circa 50% and after deduction of rent, electric, rates and other normal overheads, produces an adjusted net profit in the region of circa £14,000. Further explanation regarding the trading data can be obtained from Miller Commercial.
Location Details:
The Pine Lodge Gardens is in a prominent trading location just off the A390 road between St Austell and Lostwithiel, which for garden enthusiasts enjoys close proximity to famous gardens such as The Eden Project and the Lost Gardens of Heligan. Pine Lodge Gardens enjoys high visibility on this busy fringe of the town centre location, yet is a quiet oasis.
Lease Terms:
The property will be made available by way of a new 5-year excluded Lease, to commence 1st February 2012, at a current passing rental of £13,000 per annum with no rent review provision.
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