A long-established garden centre in East Yorkshire has new owners.
The sale concerns the Cranswick Garden Centre near Driffield, which was carried out by specialist property advisor Christie & Co.
Set across approximately 4.45 acres, Cranswick Garden Centre combines traditional horticultural retail with a well-developed leisure offer, including glasshouses, a modern retail environment and a popular café-bistro. It also has a 100-spec tarmacked car park.
Christie & Co says the site has also benefited from recent investment, seeing enhancements made to the retail space, customer facilities and hospitality offer.
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The popular #STOVE cafe bistro is well presented with 80 inside covers, with an extended chilled serve over counter, a functional log burning stove, and a large outdoor seating area.
Cranswick Garden Centre from the air (Image: Pic supplied)
Located in the village of Cranswick, approximately eight miles away from Driffield, the centre is approached from the busy A164 Beverley Road.
The former owners, Ray and Carolyn Sharpe, who have owned the business since 2007, said: “Cranswick has been a rewarding business to grow, and we’ve invested heavily to bring it to its current standard. We’re pleased to hand it over to a new owner with the energy and ambition to take it further.”
The purchaser, Zak McCombie, is new to the garden centre sector but has acquired the business with a clear strategy to expand, actively seeking further acquisitions as part of a wider growth plan for his business, the McCombie Group.
The cafe (Image: Pic supplied)
The Cheshire-based company, founded in 2012 operates mainly in the construction, electrical, plant hire and development sectors.
Zak added: “Cranswick is a lovely centre that has a great customer base. The centre has benefitted from a lot of investment in recent years and we will continue with that over the coming years.”
Andrew Birnie, Director – Retail & Leisure at Christie & Co, managed the sale process and commented, “We are seeing a varied profile of buyers coming into the garden centre market, and this deal is a good example, with a new entrant acquiring a high-quality, profitable business with the intention of growing a broader portfolio.
“Well-invested centres with strong trading histories and development potential are proving particularly attractive, not just to existing operators but also to investors looking to establish a foothold in the sector.”