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AH066-Freehold Garden Supplies Centre - West Midlands (North), West Midlands £1,100,000 |
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Turner Butler are delighted to be appointed as sole selling agents for this exciting business opportunity which has never before been brought to the market for sale.
This family run business has been operating since 1988 as a Garden Supplies Centre on what can only be described as a hobbyist basis, where profit earned has been the living procured from the business’ activities. However, the offering here is far more diverse and interesting for a new owner.
The freehold site of just under 2 acres has excellent road frontage opposite a modern executive type estate development of upscale properties. The site backs onto a lake and has planning consent for the sale of garden supplies.
The site includes the current owners residence, a large three pitched glasshouse type showroom and a well planned and executed outside display area for a variety of commodities.
The owners residence is a large and magnificent 4 bedroomed bungalow which is built and maintained to a very high standard. Current market value for the residence alone is believed to be in the £ 5-600,000 region. We are led to believe that the other facets of the Garden Centre including the showroom were constructed in recent years at a cost of some £100,000+.
Therefore, with fresh drive and enthusiasm there is a business opportunity here. However, the opportunity doesn’t end there.
Recently, the owners have been approached by a locally renowned builder, with an offer of £2,500,000 for the site provided that building permission had been granted. Apparently, although this may not be forthcoming in the near future, it is felt that the pressure for more housing and the sites location adjacent to a high density building development, could mean that building permission may be grantable within 5 years. This would obviously provide the excellent investment vehicle of a lovely home, a business and a future investment return.
This offering is brought to market at a very sensible price to enable an uncom |
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Potential: |
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The current owners feel that with the injection of fresh drive and enthusiasm, the business would develop to a much higher level, with other parallel and complementary product lines which could be introduced. |
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