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Rainbow Plants, Holcombe Lane, Ottery St Mary, Devon, EX11 1PG

Guide Price
£2,750,000

Business rates & charges may apply

Christie & Co, Retail
SIZE

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SECTOR

Out-of-town retail property for sale

Key features

  • Circa 10 acre Freehold
  • Adjusted Net Profit YE 30/9/23: £513,439
  • Substantial owners house
  • Modern infrastucture
  • Scope to grow business
  • Funding available subject to status, via Christie Finance
  • Christie & Co Ref: 4211064

Description

Description

Rainbow Plants is a wholesale plant nursery who sell direct to garden centres and a wide range of landscaping contractors and housebuilders. The Plant nursery operates from a 10-acre site which has benefitted from significant capital investment including many growing tunnels, auto-irrigation, water capture systems and solar panels.
The current owners have run the business for 12 years, during which time significant infrastructure projects have been undertaken and the business has grown significantly. The owners and are now looking to retire.

Location

Rainbow Plants is located in East Devon on the outskirts of Ottery St Mary, around 15 minutes from the M5 and 5 minutes from the A30 Trunk Road.
According to the latest census data there are over 350,000 people living within a 25 kilometer radius of the nursery and the data highlights favourable local demographics with above UK average home ownership.The business is around 14 miles from Exeter, 5 miles from Honiton and close to the affluent Devon coastal towns including Sidmouth, Branscombe, Budleigh Salterton and Exmouth.

Site Description

The plant nursery has a wide range of modern polytunnels as well as external growing areas. In
addition to the growing areas there is a large modern metal frame warehouse which is used for
plant and machinery storage and for deliveries and dispatch. Within the warehouse is an office from which the day to day administrative tasks are also undertaken.
There is onsite parking for around 10 customer vehicles plus and overflow carpark offering another 20 spaces.
To the north of the site is a triangle of land that is largely unused at present.

Services: Private drainage to the house.

The Nursery has recently installed water capture system which includes a large storage pond. The computerised irrigation system is fully automated with fertiliser dosage incorporated. The nursery water storage pond and integrated irrigation system.
Both the house and nursery have solar panels and Tesla battery system. The house can generate
4Kw hours and the nursery around 17Kw.

Owner's Accommodation

Situated on the South of the site immediately to the right of
the entrance on a private plot of around 1 acre is Woodys, a substantial 4-bedroom detached house constructed in around 1995. The property offers generous accommodation which is light, well presented and energy efficient. The property is designated an agricultural dwelling

The Opportunity

Rainbow plants is an extremely well regarded wholesale supplier which is run in a streamlined fashion by the current owners. There is considerable potential to expand the operation and increase the range and number of garden centres and landscaping companies that are supplied by the nursery.
The business would be ideal for an experienced horticulturalist looking to own and run an exceptionally profitable business. The business could also appeal to an existing garden centre business looking to move into plant production to supply their business which is a trend that has been observed within the industry in recent years.
The business could also appeal to a buyer who is new to the industry as the business has a strong and experienced workforce and the owners could assist in a handover.

Staff

The business is run by the owner with the assistance of a small experienced team, full details can be provided to interested parties..

Energy Performance Certificates

EPC 1

Brochures

Rainbow Plants, Holcombe Lane, Ottery St Mary, Devon, EX11 1PG

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Feniton Station2.2 miles
  • Honiton Station3.9 miles
  • Whimple Station4.3 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 4211064-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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