An unusual opportunity to rent an established garden nursery business on the edge of a quiet rural village with excellent transport links and connections to local markets.
The nursery is 2 miles from the A30, 3 miles from Exeter and 5.5 miles from M5 junction 31 and is being offered on a five-year Farm Business Tenancy.
The nursery site covers just under half an acre, at 185m above sea level, with five Clovis Lande Polytunnels, all in good condition, four with side venting and one with a ‘hot box heater’. Four have overhead irrigation systems in place and one, with a dual skin, has seven thermostatically controlled germination benches. There is also a portacabin included in the letting to be used as a staff or packing room; it is not for residential purposes.
The Landlord started the business in 1987 and retired several years ago. As a result of this the size of the nursery business has been scaled back over the past few years. The Landlord would be happy to provide assistance to an incoming tenant if required in respect to scaling up the business again and also in respect to their contacts, customers and bespoke accounts management software.
At its peak the business was turning over between £50,000 to £60,000 per annum, with a labour force of two full-time managers and four part-time staff. The plants in the past have predominantly consisted of herbaceous perennials, scented leaf geraniums and a variety of herbs, however the facilities lend themselves to a far broader product base.
Customer outlets have included both wholesale and retail markets. Local markets, from Exeter to Bridport, provide existing retail outlets with scope locally for expansion into other towns and villages. Commercially there are a number of independent local garden centres and nurseries who previously have been supplied by St Catherine’s.
This is an excellent opportunity to establish at minimal cost both an internet-based and local business for both retail and wholesale markets.
Townsend Chartered Surveyors (01392 823935) are offering the lease for a rent of £4,200.00 pa.
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