Baginton Nurseries
Baginton, Warwickshire
SoldHolt Property was instructed by the owners of Baginton Nurseries to advise on the options available to them for maximising the value of their freehold property as they prepared for retirement from their wholesale horticultural nursery business.
Sitting on the edge of Coventry, the site offered a range of potential strategies, from continuing commercial use to redevelopment or sale. Working as the landowners’ agent, Holt Property explored and evaluated these options in detail before agreeing and implementing a clear strategy.
Background
Instructed by the landowners to review the options for their freehold nursery site and business.
Considered a wide range of strategies, reflecting the site’s edge of Coventry location and future development potential.
Investigated redevelopment for housing or employment use.
Explored the sale of the existing business with an overage provision on future value.
Assessed the potential benefits of registering the site as brownfield land.
A tailored strategy was agreed and implemented, combining the staged disposal of nursery assets with an option agreement for the future purchase of the freehold.
Results
A sale of the glasshouses, polythene tunnels and equipment was completed as part of an orderly exit from the nursery business.
An option agreement was granted for the future purchase of the freehold property, securing a clear route to maximise value.
The purchaser is very pleased with the site and its long term potential.
The landowners are delighted with the outcome, reflecting imaginative advice, robust negotiation and a well managed process from initial instruction through to completion.
We have an excellent reputation with our clients, understanding their needs and building strong relationships resulting in successful outcomes.