Middlecombe Nursery, Wrington Road, Congresbury, Bristol, BS49 5AN

Property Details: • Type: Ask agent • Tenure: N/A • Floor Area: N/A

Key Features: • Circa 3 acre freehold site • Strong established business • Cafe, retail and plant nursery • Full team of experienced staff • Strong underlying land value / potential • Accounts available upon request • Christie & Co Ref: 3818250

Location: • Nearest Station: Yatton Station • Distance to Station: 1.7 miles

Agent Information: • Address: Whitefriars House, 6 Carmelite Street, London, EC4Y 0BS

Full Description: DescriptionThe business has huge scope to grow, in recent years the owners have added the café and in 2021 finished the new outdoor food area which includes a bar and Pizza oven. Incoming purchasers could continue to grow these new revenue streams. At present the garden centre does not have any third party concessions, should the new owner develop the site there is considerable potential to bring in retail partners on concession leases that could help to drive footfall and reduce the seasonality of the trade as well as bringing good stable monthly income.

Whilst the owner has not ever submitted any planning applications for a change of use and do intend to sell the business as a going concern, it should be noted that the location does appear to offer considerable longer term potential as a development site. The seller is happy to pass on all of this potential upside without the inclusion of any overage clausesLocationMiddlecombe Nursery is located within the village of Congresbury which is located on the Mendip Hills in North Somerset. It is close to the major city of Bristol and is well connected by the main A370 which is just off the M5.

The latest census data shows there to be 941,491 people living within a 25 km radius of the garden centre. The demographics are favourable with the percentage of home ownership a little above the national average, above average employment levels and a large proportion of the local population being in the top 3 social class sectors, which suggests the probability of above average levels of disposable income.Site InformationThe site is set back from the road, accessed via a short private driveway which leads directly to the customer parking area. The main building is a modernised glasshouse with a gross internal area of 602.82 sqm (6488sqft). The largest section of this building is used as the main indoor sales area which features a range of display sections including Floristry, Plant Care, Potting Shed, Indoor Plants, Wildlife Den, Gardenalia and Vintage. There is also an office and customer till point. The remainder of the building is used as the Café which includes a large dining area, servery and professional kitchen. Just beyond the café is the newly created outdoor seating area which includes a brick built pizza oven, the owners have hosted a number of pizza evening events that have been well supported by the local community. The owners grow a large number of the plants that they retail and have five poly tunnels on site. The plant sales area is well laid out which a wide range of display tables and good signage. The owners also keep an area of the site as a garden, showcasing the plants and providing a nice calm area for customers to soak up the surroundings.StaffThe business is run by the owners with the assistance of a range of full and part time staff and additional casual labour which can be drafted in for busy weekends.Trading InformationThe business is trading well with strong profitability, the year ending 30th April 2024 shows a turnover of £957,087 with a gross profit at £432,553 and adjusted net profit of £137,284.Trading HoursMon - Sat: 10am - 5pm Sundays: 10am - 4pm The cafe is open 10am - 3.30pmDevelopment PotentialThe site is surrounded by residential properties and does appear to offer good long term potential for alternative use. Bovis homes are currently building a new development of 50 houses on a greenfield site opposite the garden centre.Energy Performance CertificatesEPC 1