Denys E Head, has sold the entire issued share capital of its business to Haskins Garden Centres for an undisclosed sum.
The company comprises award winning garden centre Forest Lodge, visitor attraction Birdworld and Garden Style Plant Centre, three well established enterprises which occupy an extensive freehold site situated to the south west of Farnham in Surrey.
Ian Simpson, director in the leisure and trade related team at Savills, commented: “The sale of this well-established family run business provided the purchaser with an opportunity to acquire a popular combined garden centre and visitor attraction in a good location. Due to the nature of the site there is little competition and coupled with excellent visitor numbers, this makes it both a rare and strong income producing asset. We are very pleased to have been able assist our client with the sale of such a valuable and much loved company.”
Mike Gilbert, head of Gilbert Evans’ specialist garden centre advisory team, adds: “We received very strong interest for the business. We were delighted to secure a deal with Haskins – a family run company that will ensure this very successful and highly regarded business can be taken to the next stage.”