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The Packhouse, Hewetts KilnsTongham Road, Farnham, Surrey, United Kingdom, GU10 1PJ

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

  • Freehold site of approximately 1.8 acres
  • On-site parking
  • Adjusted net profit y/e 31/03/24 of £318,853
  • Recently renovated 76 cover restaurant
  • Independent interiors/garden/lifestyle store
  • Over £300k rental income
  • Christie & Co Ref: 3818305

Description

Description

Christie & Co are delighted to bring to the market an exciting opportunity to purchase in its entirety a thriving retail and hospitality business situated in the heart of Surrey, UK. The Packhouse Limited, The Palm House (at The Packhouse) Limited, and the entire freehold site are offered for sale by their present Owner/Director in order to facilitate retirement.

Location

Situated in Runfold, Surrey, close to Farnham and in an area of outstanding natural beauty known as The Surrey Hills. The premises are ideally located close to key transport links across the region, including the A31, the A331, the A3, the M3 and the M25 (via the A3 and M3).
The latest census data shows there to be over 1 million people living within a 25km radius of the site, and statistics also demonstrate the relative affluence of the area where house prices and home ownership are considerably higher than the national average.

Internal Details

The Packhouse
The Packhouse Ltd, alongside the 60 independent traders who occupy rental space within the main building, offer a variety of products such as antiques, furniture, soft furnishings, mirrors, art, lighting, gifts, garden furniture, lifestyle pods and fashion accessories.

The Palm House and Coffee Cabin
To encourage customers to view their visit to The Packhouse as an experience and a full day out, there is an on-site restaurant and takeaway café. The Palm House offers a full table service. The Coffee Cabin café offers a variety of hot and cold beverages plus takeaway snacks. Both are open seven days of the week, with menus also catering for vegetarian, vegan, allergen and gluten-free dietary requirements.

The location of The Packhouse is ideal for providing customers with an enjoyable day out, benefitting from being housed in a historic Grade-II listed, 400-year-old former Hop Kiln. The building itself provides a charming ambience, with its quirky exterior and many separate areas and rooms to explore within.

External Details

The premises are divided into five principal areas, the first of which is The Packhouse occupying over 6,000 sq ft and utilised as retail space.

The second premises, The Palm House, with over 1,700 sq ft and utilised as a full-service restaurant and private hire venue, also benefits from a sunken outdoor terrace area mainly used in the warmer months for outdoor dining.

The Coffee Cabin café operating from a standalone log cabin and set within the beautiful ?Pod Garden? offers further outdoor seating.

The goods-in building is sited across the road from the main buildings and sits adjacent to a field which is further utilised as an extension to the existing overflow car park.

The Old Summerhouse is utilised as an area for pop-up stalls and workshops for independent businesses. The whole site occupies 1.8 acres.

The business further benefits from having extensive free car parking available.

The Opportunity

The Packhouse is an independent interiors, garden and lifestyle store, which offers a wide variety of products and services situated in Runfold, Surrey.

The business is operated from a stunning Grade-II listed 400-year-old former Hop Kiln.

The Palm House (At The Packhouse) Limited (?The Palm House? or ?the Restaurant?), the restaurant situated next to the Packhouse, is presently operated as a standalone business and also includes a separate on-site takeaway café, the Coffee Cabin.

The Packhouse and The Palm House have experienced considerable growth since inception, with an enviable reputation for exceptional customer service.

Staff

The Packhouse is run by the owner with the assistance of a management team consisting of an Operations Manager and Head of Visual Merchandising alongside around 18 other employees and some seasonal workers.

The Palm House and the Coffee Cabin have their own dedicated staff members, totalling 14 members of staff across the two venues.

Following the completion of the sale, the current owner has advised that she would be willing to provide a mutually agreeable handover period to ensure the continued smooth running of the businesses.

Trading Information

The business is trading well with strong profitability, the year ending 31st March 2024 shows a turnover of £774,791 plus rental income of over £300,000. The combined gross profit was £814,365 and adjusted net profit of £318,853.

Trading Hours

Mon - Sat: 10am - 5.30pm
Bank holidays & Sundays: 10am - 4.30pm

Regulatory

The business trades with the benefit of a premises licence to serve alcohol.

Energy Performance Certificates

EPC 1

Brochures

The Packhouse, Hewetts KilnsTongham Road, Farnham, Surrey, United Kingdom, GU10 1PJ

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Aldershot Station1.6 miles
  • Farnham Station1.9 miles
  • Ash Station2.5 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 3818305-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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