Pontardulais Garden Centre, Allt-y-Grabon, Pontardulais, Swansea, SA4 8DS
- SIZE
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- SECTOR
Out-of-town retail property for sale
Key features
- Circa 6 Acre site
- ANP YE 31/1/2023 - £589,332. 31/1/22 - £832,3
- Strong concession income
- Main building extended in 2012
- 3 Bungalow available by separate negotiation
- Energy performance certificate C
- Christie & Co Ref: 4210999
Description
The garden centre has been in family ownership for many generations and has grown over time to one of the highest turnover sites in South Wales. The large site has considerable scope for further development which could include erecting new buildings on the northern part of the site, taking the landscaping concession back in house which could potentially significantly boost site turnover and profitability.
One of the larger concession buildings is currently occupied by a family member who is running a small business from the unit, but this could be let on a new commercial lease to a wide range of potential tenants such as dog grooming, veterinary services, farm shop or other retail, it is anticipated that the potential rent for this unit could be in the region of £25,000 - £30,000.
Pontardulais Garden Centre is located on the outskirts of the town of Pontardulais, but has a large catchment with people traveling from the large number of nearby towns and villages, as well as from the larger local centres of
Swansea, Llanelli and Gorseinon. The site is also well placed to benefit from the large numbers of tourists that visit the nearby Gower Coast and Breacon National Park.
According to the latest census data 485,546 people live within a 25km radius of the site with a higher than national average proportion of these (36%) being home owners without a mortgage and over 30% owning with a mortgage.
The site has the benefit of 3 phase electric supply, mains drainage and LPG Gas.
Owner's AccommodationDetached Residential Property – Available by separate negotiation
On the southern side of the site, to the left of the entrance, is Ger y Nant a detached 3 bedroom bungalow, offering 135sqm (1456sqft) of accommodation, which includes a large A large 19’ x 14’ 4 living room, kitchen, dining room and family bathroom as well as a large double garage. The house is currently let on an assured short hold tenancy agreement with an annual rental income of £11,280. The house has an energy performance rating E (52).
The site would make an excellent acquisition for any regional or national garden centre operator looking to acquire a high turnover garden centre, with limited local competition and considerable scope to further develop and increase turnover and concession income.
StaffThe owner runs the garden centre with the assistance of 24 members of staff, which includes a management team. The ongoing annual staff bill is anticipated to be around £420,000.
The staff will transfer with the business under TUPE rules.
The present rateable value of the site is £62,000, the amount payable is currently £33,000.
Energy Performance Certificates
EPC 1Brochures
Pontardulais Garden Centre, Allt-y-Grabon, Pontardulais, Swansea, SA4 8DS
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Pontardulais Station1.3 miles
- Llangennech Station2.4 miles
- Gowerton Station3.5 miles
Notes
Disclaimer - Property reference 4210999-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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