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Middlecombe Nursery, Wrington Road, Congresbury, Bristol, BS49 5AN

Guide Price
£1,500,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Out-of-town retail property for sale

Key features

  • Circa 3 acre freehold site
  • Strong established business
  • Cafe, retail and plant nursery
  • Full team of experienced staff
  • Strong underlying land value / potential
  • Accounts available upon request
  • Christie & Co Ref: 3818250

Description

Description

The business has huge scope to grow, in recent years the owners have added the café and in 2021 finished the new outdoor food area which includes a bar and Pizza oven. Incoming purchasers could continue to grow these new revenue streams.
At present the garden centre does not have any third party concessions, should the new owner develop the site there is considerable potential to bring in retail partners on
concession leases that could help to drive footfall and reduce the seasonality of the trade as
well as bringing good stable monthly income.

Whilst the owner has not ever submitted any planning applications for a change of use and
do intend to sell the business as a going concern, it should be noted that the location does
appear to offer considerable longer term potential as a development site. The seller is happy
to pass on all of this potential upside without the inclusion of any overage clauses

Location

Middlecombe Nursery is located within the village of Congresbury which is located on the Mendip Hills in North Somerset. It is close to the major city of Bristol and is well connected by the main A370 which is just off the M5.

The latest census data shows there to be 941,491 people living within a 25 km radius of the garden centre. The
demographics are favourable with the percentage of home ownership a little above the national average, above average employment levels and a large proportion of the local population being in the top 3 social class sectors, which suggests the probability of above average levels of disposable income.

Site Information

The site is set back from the road, accessed via a short private driveway which leads directly to the customer parking area.
The main building is a modernised glasshouse with a gross internal area of 602.82 sqm (6488sqft). The largest section of this building is used as the main indoor sales area which features a range of display sections including Floristry, Plant Care, Potting Shed, Indoor Plants, Wildlife Den, Gardenalia and Vintage. There is also an office and customer till point. The remainder of the building is used as the Café which includes a large dining area, servery and professional kitchen.
Just beyond the café is the newly created outdoor seating area which includes a brick built pizza oven, the owners have hosted a number of pizza evening events that have been well supported by the local community.
The owners grow a large number of the plants that they retail and have five poly tunnels on site. The plant sales area is well laid out which a wide range of display tables and good signage. The owners also keep an area of the site as a garden, showcasing the plants and providing a nice calm area for customers to soak up the surroundings.

Staff

The business is run by the owners with the assistance of a range of full and part time staff and additional casual labour
which can be drafted in for busy weekends.

Trading Information

The business is trading well with strong profitability, the year ending 30th April 2024 shows a turnover of £957,087 with a gross profit at £432,553 and adjusted net profit of £137,284.

Trading Hours

Mon - Sat: 10am - 5pm
Sundays: 10am - 4pm
The cafe is open 10am - 3.30pm

Development Potential

The site is surrounded by residential properties and does appear to offer good long term potential for alternative use. Bovis homes are currently building a new development of 50 houses on a greenfield site opposite the garden centre.

Energy Performance Certificates

EPC 1

Brochures

Middlecombe Nursery, Wrington Road, Congresbury, Bristol, BS49 5AN

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Yatton Station1.7 miles
  • Nailsea & Backwell Station3.7 miles
  • Worle Station5.1 miles

About Christie & Co, Retail

Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

We’re the leading specialist advisor for buying and selling businesses in our sectors - hotels, pubs, restaurants, childcare, healthcare, convenience retail, leisure and medical.

If you’re looking to buy or sell a business in our specialist sectors – from a pharmacy in Sussex to a hotel in Austria – our expert advice and collaborative support will help you achieve your goals. You may be an independent first-time buyer or a multinational adding to your portfolio; either way, you’ll discover that our personalised service is focused on helping you achieve your ambitions.

Clients have access to our carefully managed network of potential buyers. This unique database of contacts has been continually developed by our advanced IT capabilities and benefits from both our years of experience developing our network and our wide geographical coverage.

Where we work

We employ the largest team of sector specialists in the UK and the largest group of hotel specialists in Europe, providing professional brokerage and advisory services from offices in major cities across Britain and Europe. And because we’ve been doing this for over 80 years, we know our sectors and local markets inside out. We work closely with our clients to guide and conclude transactions of any size, covering hotels, restaurants and pubs, leisure, forecourts and convenience retail businesses, social care and elderly care, childcare & education facilities, dental practices and pharmacies.

Our professional services

We offer unrivalled insight, experience and expertise across your choice of services, including brokerage, consultancy, finance, development, investment, surveying, rent reviews, dispute resolution, corporate valuation, and turnaround & recovery. These services are all underpinned by our in-depth market intelligence and leading-edge technology. And we’re accredited by the Royal Institution of Chartered Surveyors (RICS), so you can trust in our professionalism.

What makes us tick

Businesses are about people, so relationships matter to us. We bring an integrity and transparency to business which can be all too rare – and that’s why people trust us. Our clients will attest to our genuine desire to help achieve their objectives, our attention to detail, and our tireless hard work on their behalf. We understand that buying a business can bring its own pressures and strains; needs can change, plans may need to be adjusted, and opportunities can come and go. But we’re always here, a constant, flexible and reliable force you can count on.

Our opening hours for all offices:

Mon – Fri, 9am – 5.30pm

Notes

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Disclaimer - Property reference 3818250-fh. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Christie & Co, Retail. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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