West Somerset Garden Centre, Mart Road, Minehead, Somerset, TA24 5BJ
- SIZE
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- SECTOR
Out-of-town retail property for sale
Key features
- Recently modernised buildings
- Turnover over £1,600,000pa
- Large customer car park
- Mixed tenure
- Excellent staff team
- Funding may be available via Christie Finance, subject to status
- Christie & Co Ref: 4211021
Description
Christie and Co are delighted to bring to the market West Somerset Garden centre, one of the regions leading independently owned garden centres.
The garden centre has strong horticultural heritage and has an excellent wide range of plants and trees. In addition the external retail area also offers a range of landscaping products , pots and garden machinery The main retail building has a large footprint and is stocked with popular product lines including outdoor living and garden furniture, giftware, indoor house plants, garden sundries, and other seasonal ranges. Also within the main building is the popular café where there are 24 Internal covers, 20 covers in the marquee and additional outdoor seating for 24 customers.
The site location on Mart Road is less than half a kilometre from Minehead train station and close to the South West Coast. Mart Road is also approximately half a kilometre from the A39 which is a major road running South West from Somerset along the North Coast.
West Somerset Garden Centre is located in Minehead which is a coastal town and civil parish in Somerset, It lies on the south bank of the Bristol Channel, 34 km north-west of the county town of Taunton, 19 km from the boundary with the county of Devon and in proximity of the Exmoor National Park.
The latest census data shows that 68,035 people live within a 25km radius of the site. The demographic reports also indicate that this is an affluent area with higher than average home ownership and close to 32% of local residents being in the SEC 1 and SEC 2 social class sector
The site has two main buildings, the primary building (550sqm, 5924sqft) houses the main retail area, restaurant, commercial kitchen, office and customer toilets.
Accessed from the plant area is the second retail building (113sqm, 1217 sqft) from which a range of garden sundries, landscaping materials, tools and garden machinery are displayed and sold. This building also contains the staff room, wc and store room.
Whilst the main buildings and outdoor retail areas are owned freehold the business has a leasehold interest the car park (annual rent £12,700 no VAT) and warehouse which is used for storage (annual rent £15,000 plus VAT).
West Somerset Garden Centre is a company with a strong brand name and loyal customer base. The business trades from a purpose-built garden centre building and has a well laid out and sizeable retail and restaurant space in addition to the excellent plant area.
The incoming purchaser will have the opportunity to continue to grow the business which has traded consistently at around £1,500,00 - £1,600,000 per year for many years but certainly has the scope to grow further.
The business also has a landscaping division which offers potential for the owner to grow this revenue stream.
The business has an experienced staff team who will be transferred to the new owners under TUPE.
Trading InformationThe business had a turnover of £1,622,242 in the year ending 31st Dec 2023 and £1,675,027 in the previous year. Full trading information can be provided upon request.
Business RatesThe rateable value of the garden centre is currently £43,500. The rateable value is not the rates payable and the business rates for 2024/25 is £5,426.
Energy Performance Certificates
EPC 1Brochures
West Somerset Garden Centre, Mart Road, Minehead, Somerset, TA24 5BJ
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Rhoose Station13.7 miles
Notes
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