Honiton Garden Centre, Tower Road, Honiton, Devon, EX14 9TN
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- SECTOR
Out-of-town retail property for sale
Key features
- Circa 2.6 acres
- Large modern retail building
- 45 space car park
- Cafe with 80 internal/external covers
- Established customer base
- Scope to grow business
- Christie & Co Ref: 4211092
Description
Honiton Garden Centre is an independent family run garden centre and café with a large modern barn style building with a wide range of retail lines, dedicated plant retail area and Café with huge scope for further expansion.
The site is approximately 3.68 acres in size and consists of 2 buildings accommodating a large retail sales area, and café along with a recently expanded customer car park and a large presently underutilised field. The site occupies a prime roadside location and offers an excellent opportunity for further growth.
Honiton Garden Centre is located in Honiton, Devon alongside the A35 trunk road and just a few minutes drive from Honiton Town Centre.
According to the latest census data there are over 325,000 people living within a 25 kilometer radius of the garden centre and the data highlights favourable local demographics with above UK average home ownership.
The business is around 17 miles from Exeter, and close to the affluent Devon coastal towns including Sidmouth, Branscombe, Budleigh Salterton and Exmouth.
The business is run by the family and has benefited from substantial recent investment, including a 5000sqft purpose built retail building, recently upgraded plant area and expanded customer car parking.
The business is now ideally placed to capitalise on the potential of the site which occupies a prime A-Road position with exceptionally high volumes of passing traffic. The centre has recently expanded ranges including the addition of pet products but considerable scope remains to expand the range and volume of products available.
The café operation is currently trading at close to capacity so expansion of the internal and external seating spaces offer huge scope for the business to significantly grow the food and beverage income which is currently around 35% of overall turnover.
The business is run by the owner with the assistance of a small experienced team, full details can be provided to interested parties.
Trading InformationTurnover
18 months ending 5-Apr-24 - £382,340
Y/E 30-Sept-22 - £256,699
Y/E 30-Sept-21 - £272,532
Gross Profit
18 months ending 5-Apr-24 - £144,082
Y/E 30-Sept-22 - £82,106
Y/E 30-Sept-21 - £110,126
Adjusted Net Profit
18 months ending 5-Apr-24 - £98,897
Y/E 30-Sept-22 - £53,752
Y/E 30-Sept-21 - £94,629
Monday – Sunday
10am – 4pm
The owners choose to operate shorter hours but this represents another avenue for buyers to increase trade.
The business has excellent ratings on Tripadvisor and Google reviews.
Energy Performance Certificates
EPC 1Brochures
Honiton Garden Centre, Tower Road, Honiton, Devon, EX14 9TN
NEAREST STATIONS
Distances are straight line measurements from the centre of the postcode- Honiton Station1.2 miles
Notes
Disclaimer - Property reference 4211092-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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