Garden Centres/Nurseries for sale in Gainsborough

View the "Plant/Garden Centre with two on-site Flats (One Two and One Three Bedroom) in Lincolnshire For Sale." below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

Plant/Garden Centre with two on-site Flats (One Two and One Three Bedroom) in Lincolnshire For Sale.

Gainsborough, Lincolnshire, England

  • Freehold Price: £1,695,000
  • Annual Turnover: £1,110,537
  • Annual Gross Profit: £150,045
  • Annual Net Profit: £133,044
Seller Reference: 9239GC
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Business Description
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Seller Reference: 9239GC
Request Details
Business Description
FOR SALE: Plant/Garden Centre with two on-site Flats (One Two and One Three Bedroom) in Lincolnshire.

Freehold circa 9.3 acres (3.77 hectares).

Same family ownership for circa 40 years.

Retirement sale.

Located close to main ‘A’ roads and a major Motorway.

Car parking for circa 180 cars.

Comprehensive portal framed and brick built buildings and glasshouses.

Large external plantaria.

Good on-site storage facilities.

Turnover circa £1.1 Million showing Net Profit 11.9% of turnover and E.B.I.T.D.A. 14.2% of turnover for Y.E. 31st December 2020.

£81,530.00 exc. V.A.T. of existing concession income. (Currently in negotiations with proposed new tenant, if lease agreed then concession income will increase to £95,830.00 exc. V.A.T.).

Option to purchase standalone building for additional £400,000.00, this building houses a further concession which pays £28,600.00 P.A.

EPC Ratings = ‘B’, ‘C’ & ‘G’.

We are seeking £1,695,000.00 for 100% of the issued shares in the company.

Share sale preferred but asset sale may be considered.

To request a comprehensive sales information brochure; please reply to this advert or contact Alexander Mackie Associates Ltd. directly on telephone 01732 522222 or via e-mail at quoting reference number 9239GC.
Is accommodation included?:
Two Flats (One two and one three bedroom)
Number of bedrooms:
Listed by:
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