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Millstone Garden Centre, Cheapside, Waltham, Nr Grimsby, DN37 0HX

£850,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Out-of-town retail property for sale

Key features

  • Retirement sale, family run garden centre
  • Site approx 4.2 acres
  • Detached 4/5 bedroom home
  • T/O YE March 2024: £318,091 GP £179,768
  • 2 storey detached centre shop/offices
  • Scope to develop further using rear of site. Energy Rating C
  • Christie & Co Ref: 6411082

Description

Description

Christie & Co is instructed to market Millstone Garden Centre, an independent family-run garden centre established in 1989.

The business specialises in providing high-quality plants and garden products alongside superior landscaping services from a site of circa 4.2 acres.

Millstone Garden Centre is located close to two large new housing developments of several hundred dwellings, approximately 4 miles south of Grimsby, and close to the northeast Lincolnshire coast. The site is broadly level and has considerable potential for further development. In addition to the garden centre business, there is rental income from caravan storage, and also a 4/5-bedroom detached family home with garages included.

Location

Millstone Garden Centre is situated in Northeast Lincolnshire on a busy link road named Cheapside which is accessed roughly 0.5 mile from the A16 (a very busy road connecting Grimsby to Louth) in a sought-after area near Grimsby, currently greatly expanding with quality and executive housing.

Garden Centre Buildings

Retail sales area; 106sqm (1136sqft), conservatory area linking to the greenhouse 497sqm (533sqft), glasshouse 254sqm (2730sqft), poly tunnel 221sqm (2380sqft), workshop 70sqm (751sqft).

First floor; kitchen area and 3 further rooms (if seeking alternative use we believe that subject to planning this could easily be converted into a desirable 3 bed detached house.)

Externally, stone surface car parking area for customers, display area for aggregates, topsoil, turf, also caravan storage areas.

There is a public bridleway to the far northern boundary. This does not affect the use of the land or trade.

Other Property

On the northern side of the site with its own entrance is the family house, being rendered brick built with a double garage to the side, with a gross internal area of 172sqm (1815sqft).

Ground floor includes front entrance porch, entrance hallway, separate WC, office, reception room, lounge with wood burning stove firing the heating and hot water, two sliding doors to the patio, dining room, kitchen with solid fuel stove, and utility room.

First floor includes landing, four bedrooms; master with ensuite bathroom and jacuzzi bath, and family bathroom.

Externally there is an attached double garage and a hard standing, timberclad storage building, blockwork workshop building, lawn to the front and mature garden with pond to the rear of the house, a large vegetable patch and greenhouse.

The Opportunity

Our clients created this garden centre business from scratch in 1989 and has been a labour of love ever since. The site is situated on a busy roadside location roughly half a mile from the A16 and close to a sought-after village, Waltham, and is conveniently located to serve the expanding housing areas locally, throughout Grimsby and beyond.

The business offers a combination of homegrown and bought-in trees, plants and shrubs, a small shop selling gardening equipment, seeds, and tools, and offices situated on the first floor. There is scope to further develop the retail mix on offer. With thousands of new homes being built nearby we feel that this is a very fortuitous opportunity for a new owner to take control, expand, and capitalise on the numerous new customers.

Our clients live onsite. We aim to sell the business and house together. The seller will also consider splitting and selling the business alone. Please ask for the price for the business, excluding the house.

Staff

Both owners run the garden centre with the assistance of a family member, together with six permanent and two part-time staff, with 2 additional casual staff. There may be some seasonal fluctuations.

Two family members hope to stay on post-sale; one as a supplier providing website development and marketing services, and one who manages the landscaping business.

The staff will transfer with the business under TUPE rules.

Trading Hours

Monday to Saturday: 8am - 5pm
Sunday: 10am - 4pm

Business Rates

The Rateable Value is £11,500 with effect from April 2023. Confirmation of actual business rates payable should be obtained from the local authority.

Energy Performance Certificates

EPC 1

Brochures

Millstone Garden Centre, Cheapside, Waltham, Nr Grimsby, DN37 0HX

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Grimsby Town Station4.2 miles
  • Cleethorpes Station4.7 miles
  • Grimsby Docks Station4.9 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

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Disclaimer - Property reference 6411082-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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