FOR SALE: Nursery with established and profitable online garden store business along with a 3 bedroom detached dwelling with large gardens located in a picturesque area of East Sussex.
Freehold circa 4.20 acres (1.7 hectares) to include:
12 glasshouses covering circa 55,000 sq. ft. (5,109 sq. m.), all with Mypex flooring, concrete pathways and electric/manual vents. Most of the glasshouses benefit from an automatic irrigation system. Three glasshouses have sliding benches and oil fired heating. One of the glasshouses is currently used for storage. Other buildings/ structures on-site include a polytunnel which is circa 20m x 5m = 100 sq. m. (1,076 sq. ft.), a packing shed, an office, a tea room, a storage shed, several garden sheds and a water storage tank. Adjacent to the nursery there is a pasture field which we understand extends to about an acre.
Planning consent has been granted for a new two storey building offering circa. 7,000 sq. ft. (650 sq. m.) of space and incorporating storage and packing areas, a staff rest room and an office.
The vendors operate an online only garden store business, their turnover for year ended 31st December 2017 was £1,024,253.00 showing a net profit of £44,600.00 (4.35%) and an E.B.I.T.D.A. of £57,126.00 (5.6%). Note: During the 2016/2017 trading year there were a couple of one off expenses totaling £8,600.00 which reduced the profitability. At the end of this period the turnover was showing growth at a rate of circa 15% per annum.
The barn style accommodation offers a spacious and stylish modern 3 bedroom home of circa 2,125 sq. ft. (197.4 sq. m.), set over two floors and finished to a high standard with large private landscaped garden. The ground floor consists of kitchen/dining room, utility room, sitting room, cloakroom and two bedrooms whilst the first floor provides the master bedroom suite and a storage room. The master bedroom suite incorporates a dressing area and a wet room, whilst the other two bedrooms are serviced by a shower room with wash hand basin and W.C. The accommodation benefits from solar panels on the roof. Note: The accommodation has an agricultural occupancy restriction attached to it.
EPC (Dwelling) = C.
Mains water & electricity is onsite, drainage is by septic tank. The dwelling is heated by, and its hot water is supplied by, an oil fired boiler. There are two oil tanks, one supplying the dwelling whilst the other supplies the nursery.
Retirement sale after 10 years of ownership.
We are seeking a Guide Price of £1,295,000.00 with the saleable stock (circa £185,000.00) to be in addition at cost valuation.
There may be an option to acquire the business and the stock only, the asking price for the business only is £395,000.00 and the stock would be circa £185,000.00 at cost valuation.To request a comprehensive sales information brochure; please select 'Request Details' below or contact Alexander Mackie Associates Ltd. directly on telephone 01732 522222 quoting reference number 9234PN.