Four Oaks Horticulture Limited Farm Lane, Lower Withington Macclesfield SK11 9DU

International Horticultural Exhibition held annually in September FREEHOLD Nursery extending to 9.18 hectares (22.68 acres)

Established multi-use site to include retail emporium, cash & carry outlet, production nursery, reception offices, 3x bedroom bungalow with agricultural tie, ancillary car park extending to 9.51 hectares (23.51 acres) Overlooked by the Jodrell Bank Observatory Stock in trade at wholesale value

Offers Over £2,900,000

(To include goodwill associated with the tradeshow)

www.tlgea.com Evesham: 1 – 3 Merstow Green, Evesham, Worcs. WR11 4BD Tel: 01386 442255 [email protected] Commercial: 6 Abbey Lane Court, Abbey Lane, Evesham, Worcs. WR11 4BY Tel: 01386 765700 [email protected]

LOCATION The operational nursery comprises a series of Venlo Four Oaks Nursery comprises two distinct parcels of land. greenhouses which are used for spring cropping and The northern field extends to 9.51 hectares (23.51 houses the Four Oaks Trade Show which takes place in acres), this has been down to permanent grassland for September; these are located at the southern end of the many years and doubles during the trade show as a car nursery. park, and it lies adjacent to the Jodrell Bank Observatory. The southern parcel of land comprises the operational The northern end of the nursery comprises newer Venlo nursery. It fronts on to the Holmes Chapel to Alderley glass, some of which is benched and heated, some is Edge road (A535), Farm Lane (B5392) on the southern used for germination and the remainder houses a cash & boundary, and Long Shoot Road on the eastern carry operation. boundary. On the western side of the nursery there are a series of The nursery lies approximately 4 miles northeast of tunnels which have been rented out to Channel Island Holmes Chapel, approximately southeast of Knutsford, Plants. and 7-8 miles to the southwest of Macclesfield. The M6 is approximately 1.5 miles west of Holmes Chapel House T houses events, this is the newest Venlo (Junction 18). Rail Communications are also good with glasshouse constructed on site and is again finished with stations located at Holmes Chapel, Goostrey and a concrete floor, cabinet heaters, thermal screen and Chelford to the north giving access to Manchester and vents on either side of the ridge (approximately 3 years Crewe. old).

DIRECTIONS The nursery has two warehouse buildings; the one If using sat-nav the postcode is SK11 9DU. If travelling constructed in the middle of the nursery is a galvanised from Junction 18 of the M6 motorway take the A54 into portal steel frame constructed building used as a Holmes Chapel. At the cross roads, cross straight over warehouse, and the other is a portal steel framed onto the A535 and head for Twemlow Green and Jodrell building with office block located at the southern end of Bank. At Jodrell Bank take the right-hand turning onto the nursery (this forms the reception), the warehouse the B5392, the nursery is advertised on the left-hand has been converted into a retail emporium used to sell side as you head towards Lower Withington. Indian artefacts.

DESCRIPTION The glasshouses immediately surrounding the offices and Four Oaks Nursery is a multifaceted property. The main retail warehouse are used flexibly during the year, either operational nursery is located on the southern parcel of to assist with the retail operation and trade show, or the land which extends to 9.18 hectares (22.68 acres). production of plants during the spring cropping period.

The northernmost part of the nursery is used as a car Tunnels HC1/2 = 1939.36m² park area for the trade show, gated access being Tunnel HC3 = 1179.42m² (0.77 Acres) available directly on to Long Shoot Road. Tunnel PHS Shed = 548.54m² (5904ft²) SERVICES Four Oaks Nursery is supplied with mains three phase Retail Emporium = 323.89m² (3486ft²) electricity and water. Borehole water is also available. Mezzanine floor = 94.03m² (1012ft²) Foul water drainage is via sewage treatment plant. The Ground floor Offices = 247.62m² (2665ft²) main hydrocarbon fuel used on the nursery is oil. First Floor Offices = 194.59m² (2094ft²)

SUMMARY OF AREAS RESIDENTIAL ACCOMMODATION Greenhouse Number & Area Stumps (bungalow) is located on the southern boundary A = 998.4m² of the nursery adjacent to the western entry from Farm A1 = 102.4m² Lane (B5392). Constructed in 1976, the property is of

A2 = 102.4m² timber frame construction on a concrete raft with brick B = 1920m² facing outer walls and concrete pan tiled roof. C = 1945.6m² D = 2662.4m² The property is accessed via a private drive leading from E1 = 2764.8m² the main nursery entrance, with space for parking of 5 E2 = 592m² vehicles. It is surrounded with lawned gardens to the E3 = 1420.8m² front and enclosed private garden to the rear. It also has

Total = 12508.8m² (3.09 Acres) a concrete sectional garage located to the immediate west of the property. The bungalow has an open-ended H (Cash & Carry) = 4710.4m² agricultural restriction. Seed Sowing = 2150.4m² K = 3584m² Gross Internal Area = 84.88m² (914ft²) Despatch = 1152m² Concrete Sectional Garage = 22.14m² (238ft²) Corridor = 496m² Total = 12092.8m² (2.98 Acres) TENURE Freehold Interest L = 2816m² The freehold interest of the property is owned by Four M = 1536m² Oaks Horticulture Limited (Company Registration Pot filling = 204.8m² Number 04539595) and Four Oaks Nurseries Limited

Stoke = 3891m² (Company Registration number 04539587) of Farm Lane, Total = 8447.8m² (2.08 Acres) Lower Withington, Macclesfield, SK11 9DU.

T = 3089m² (0.76 Acres)

The Land Registration Title Numbers are CH211784, TRADE SHOW CH211785, CH424056, CH432592, CH496712 and The Four Oaks Trade Show is regarded as being the CH496710. premier horticultural trade show which has run for 46

years. It regularly attracts in excess of 450 exhibitors Leasehold Interests from the UK and overseas, and during the two day event Residential Accommodation it attracts large numbers of key personnel from the The residential bungalow known as Stumps is let on an horticultural industry, from the ornamental and amenity Assured Shorthold Tenancy (AST) for £750 per calendar sectors. Many of the exhibitors use the trade show to month. A copy of the AST is available from the agents. introduce new innovative developments which form the cutting edge technology within the horticultural First Floor Offices & Greenhouses industry. Tenant Personal Hygiene Services Limited (Company Registration Number 00770813) Four Oaks Horticulture Limited regularly achieves a Rent £25,250 per annum turnover of in excess of £640,000 per annum. The Term 5 years trading history is stable and fully recorded. Interested

Commencement Date 1st April 2016 parties may inspect the financial accounts by contacting the agents. Four Oaks Nurseries Limited have granted a turnover licence to Sandymere Nurseries Limited, they utilise PRODUCTION & CASH AND CARRY surplus production area on the nursery on an ad-hoc Four Oaks Nurseries has for many years been an active arrangement and pay rent on an annual turnover. This is production nursery producing bedding and a range of a stepped rent arrangement with indeterminate term. It ornamental plants. The production facilities located at is assumed that the rent paid by Sandymere Nurseries the northern end of the nursery are relatively good, the Limited is added to the turnover of Four Oaks Nurseries Venlo glasshouses have good eaves height, the Limited and as such forms an integral part of the production area is benched and benefits from pipe business. heating powered by two Allan Ygnis oil fired boilers with Nu Way burners. We note that part of the nursery has been let to Channel Island Plants, we have not been provided with a copy of In addition, the glasshouse areas have oil fired cabinet this agreement but have assumed that the arrangement heaters which provide supplementary heating. The is on similar terms to that agreed with Sandymere greenhouses are well laid out with concrete paths and Nurseries Limited. the cash and carry has been converted to provide easy access for visiting trade customers. The agent's hold full copies of the leases and agreements on file.

GENERAL OBSERVATIONS MADE ON THE PROPERTY Richard has decided that as he will be 73 years old next Four Oaks Nursery is uniquely placed to host a trade year, he must make sure that Pat can benefit from her show for the horticultural industry, it is well established shareholding. This can only be achieved by an outright and the nursery is ideally served with easy road access sale of Four Oaks. Pat has indicated that she would wish to on all sides of the property and it also has easy access to continue after the sale in the post of Events Director. the rail network. The Four Oaks Trade Show is very much Karen Kelly has been shadowing Pats work as well tied to the Four Oaks Nursery and the site is large maintaining the Trade Show Accounts. Richard will be enough to host the show comfortably. more than happy in future if required to help develop the potential of the Site on a part time basis. They are anxious It is a substantial glasshouse nursery involved with to achieve a seamless sale where there is continuity of production in its own right and it also provides a base for trading activity, in particular for the Four Oaks Trade Show PHS Ltd, a national company dealing with pot plants for which will take place on September 5-6th 2017. the office market. The nursery activity is diversified, it provides a home for Sandymere Nurseries Ltd, Channel The Four Oaks Trade Show is well known to the industry Island Plants, and PHS Ltd. and has been established for 46 years. It is the UKs premier show for professional ornamental horticulture The site offers substantial potential for further attracting consistently in excess of 450 exhibitors from the intensification and diversification, in that, it still has UK and overseas. The event is unique and ideally suited to areas of land that can be developed on. The northern the site. field abuts Jodrell Bank Observatory, this is operated by the University of Manchester and is currently The aerial photo attached taken at last years Show undergoing substantial redevelopment to create the highlights the other main activities on the site being Four permanent headquarters of the Square Kilometer Array Oaks Wholesale Cash & Carry with an annual sales of (SKA). This field has development potential for the £860k and Nursery stockholding in excess of £250K, a future, particularly as its southern boundary abuts the warehouse and surrounding glasshouses with Retail use

A535 trunk road linking Holmes Chapel with Chelford, being "The Indian Emporium". The Office Block is two Knutsford and Macclesfield. storey with Multi Tenancy use. New Glass House T "Events Hall" covers 3089 sq metres, is 4 metres to the eaves and REASON FOR SALE is fitted with thermal screens. Close to the above site is a The business has been owned by Richard Harding since 23 acre field which is used by the Trade Show for the 2002 and during this time there has been considerable Parking of lorries and cars. investment in the site which has enabled the various operations of the business to develop and flourish. Richard Harding bought the two sites from The Receiver and as expected in the 8 years up to Sept 2011 Four Oaks Richard realised when he bought the business back in Nurseries lost over £1.4m .Since 2012 the Four Oaks Trade 2002 that Pat Coutts was essential to the future of Four Show and Nurseries have made annual pre-tax profits in Oaks and she then became the owner of 20% of the excess of £200k. Trade Show.

WEBSITE LINKS ENERGY PERFORMANCE CERTIFICATE (EPC)  www.fouroaks-tradeshow.com A copy of the EPC for Stumps residential bungalow is  www.fouroaks-nurseries.com available from the agent's office upon request, the rating  www.fouroaks-indianantiques.com is as follows:  http://astronomynow.com/2015/05/01/jodrell- Energy Efficiency = D bank-to-be-headquarters-for-worlds-largest- Environmental Impact Rating = E

radio-telescope/ Agricultural buildings are exempt from EPC's.

TERMS The freehold interest will be sold subject to the existing leasehold agreements.

IMPORTANT NOTES RATES Services, fixtures, equipment, buildings and land: None of these have been tested by Timothy Lea & Griffiths. An interested party will need to satisfy themselves as to the Billing Authority Reference: 510882442501555 type, condition and suitability for a purpose. Description: Garden Centre & Premises Anti-Money Laundering Rateable Value: £8,400 We are now required by HM Customs and Excise to verify the identity of all purchasers Effective Date: 1st April 2013 and vendors, as such, should you decide to proceed with the purchase of this or any other property, two forms of identification will be required. Further information Rates Payable 2016/2017: 48.4p in the £ available from ourselves.

Misdescriptions Act Stumps Bungalow These particulars are a general guide only, must not be relied upon as statements or representations of fact and do not constitute any part of an offer or contract. No person Council Tax Band: E in the employment of the above named agents has any authority to make or give any Council Tax Payable 2016/2016: £1,827.28 representation or warranty whatsoever in relation to this property.

VAT The business is elected for VAT, the sale will be completed as a transfer of a going concern.

LEGAL COSTS Each party to bear their own legal costs associated with the preparation of the sale contracts, and due diligence of accounts. VIEWINGS Strictly by prior appointment through the agent's office. Please contact Tony Rowland on 01386 765700 / 07787 125909 / [email protected]

LOCAL AUTHORITIES

Cheshire East Council, Westfields, Middlewich Road, Sandbach, Cheshire, CW11 1HZ. Telephone 03001 235500

Macclesfield Town Council, Town Hall, Market Place, Macclesfield, SK10 1EB. Telephone 01625 374142