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West Somerset Garden Centre, Mart Road, Minehead, Somerset, TA24 5BJ

Guide Price
£1,350,000

Business rates & charges may apply

Christie & Co, Retail
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

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.

Location

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

Internal Details

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).

The Opportunity

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.

Staff

The business has an experienced staff team who will be transferred to the new owners under TUPE.

Trading Information

The 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 Rates

The 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 1

Brochures

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

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 4211021-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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