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Hare Hatch Sheeplands, London Road, Hare Hatch, Berkshire, RG10 9HW

Guide Price
£3,000,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Out-of-town retail property for sale

Key features

  • 8.88 acre freehold
  • Planning permission for 282 parking spaces
  • YE 31st Aug 2022 Adjusted net profit £341,156
  • Concession income in excess of £100,000pa
  • Farm shop, cafe, and other concessions
  • EPC instructed
  • Christie & Co Ref: 4211004

Description

Description

Christie and Co are delighted to bring to the market this family run freehold garden centre. The business occupies a large site in a main A road position, close to the regional centres of Reading, Henley-on-Thames and Maidenhead. In recent years the owners have obtained planning permission for a remodelling of the site and have also added a number of good quality concession tenants to the site, boosting revenue and the range of products and services offered to the customers

Location

Hare Hatch Sheeplands is located on the south side of the A4 at Hare Hatch, approximately five miles east of Reading, four miles south of Henley on Thames and five miles west of Maidenhead, thus benefiting from a large and affluent catchment population. The latest census data shows there to be 1,008,429 people living within a 20km radius of the site, furthermore the statistics show there to be higher than national average home ownership and above national average percentage of individuals in the higher paid SEC1, SEC 2 and SEC 3 sectors.

Internal Details

A site plan can be found on page 7 of the brochure.

Planning Permission

We have had sight of a draft decision notice from Wokingham Borough Council, giving consent, subject to the signing off of conditions, for the redevelopment of the existing mixed-use site to a new garden centre with, associated play area, allotments, re-configured parking (282 spaces), landscaping and other associated infrastructure.
Replacement of café, demolition of existing glasshouses and retention of existing farm shop, site office and toilet block.

The Opportunity

Hare Hatch Sheeplands is one of the largest freehold garden centres to come onto the open market in recent years, the site has a strong trading history and is a valued community resource, loved by its customers and a meeting point for residents of Wargrave and Twyford.
The site has a large number of buildings which cover a significant proportion of the site. The centre would be an ideal site for a multiple chain operator to bring their brand and operating model to this well-located centre, or for a local independent operator to take on a highly profitable garden centre with clear opportunities for further development and improvement. In particular the large field to the south of the site which offers a wide range of
opportunities.

Staff

The business is run by the owner and a dedicated team of employees. Full details can be made available to interested purchasers.

Trading Information

A summary of the trading information is on page 6 of the sales particulars.

Trading Hours

8.30-5.30 Monday to Saturday
10.00-4.00 Sunday

Business Rates

We are advised that the garden centre has a rateable value of £49,750 with the rates payable in 2022/2023 being £24,825.

Energy Performance Certificates

EPC 1

Brochures

Hare Hatch Sheeplands, London Road, Hare Hatch, Berkshire, RG10 9HW

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wargrave Station1.3 miles
  • Twyford Station1.4 miles
  • Shiplake Station1.9 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

These notes are private, only you can see them.

Disclaimer - Property reference 4211004-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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