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Apartments For Sale Lincolnshire, Lincolnshire

  • Size:
    9.3 acres / 3.76 hectares
  • Usage:
    C2
  • Sale Type:
    For Sale
  • Rental Income:
    N/A
  • Property Type:
    Apartments
  • Auction:
    No
  • Development Opportunity:
    No
  • Investment Opportunity:
    Yes
  • Tenanted:
    N/A
  • Energy Rating:
    B

    FOR SALE: Plant/Garden Centre with two on-site Flats (One Two and One Three Bedroom) in Lincolnshire.

    Freehold circa 9.3 acres (3.77 hectares).

    Same family ownership for circa 40 years.

    Retirement sale.

    Located close to main ‘A’ roads and a major Motorway.

    Car parking for circa 180 cars.

    Comprehensive portal framed and brick built buildings and glasshouses.

    Large external plantaria.

    Good on-site storage facilities.

    Turnover circa £1.1 Million showing Net Profit 11.9% of turnover and E.B.I.T.D.A. 14.2% of turnover for Y.E. 31st December 2020.

    £81,530.00 exc. V.A.T. of existing concession income. (Currently in negotiations with proposed new tenant, if lease agreed then concession income will increase to £95,830.00 exc. V.A.T.).

    Option to purchase standalone building for additional £400,000.00, this building houses a further concession which pays £28,600.00 P.A.

    EPC Ratings = ‘B’, ‘C’ & ‘G’.

    We are seeking £1,695,000.00 for 100% of the issued shares in the company.

    Share sale preferred but asset sale may be considered.

    To request a comprehensive sales information brochure; please reply to this advert or contact Alexander Mackie Associates Ltd.

     

    Contact Alexander Mackie Associates Ltd.

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