For sale: Plant/Garden Centre with two flats in Lincolnshire

Company: Alexander Mackie Associates Ltd

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.

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