Idagrex Watergardens


Property ID:16650

€620,000

Type: Commercial
Size: 3,000 M2
n/a Bedroom(s)
1 Bathroom(s)
Countryside view

Enquire about this Property

Idagrex Water Garden Centre

Business Description

A Cypriot limited company with 24 years trading history under the current owner. The sale of this well established Water Garden Centre includes freehold land, buildings, fixtures and fittings, stock and goodwill.

The Water Garden Centre has been fully refurbished over the last 12 months. The refurbishment included a complete electrical re-wire and installation of large solar pumps to operate some of the larger aquatic areas, which reduces the cost and carbon footprint significantly.

Premises Details

The total area of the Water Garden Centre is approximately 3,000 sqm. The site comprises:
  • 1,000 sqm greenhouse, housing, a sales area for tropical fish and plants of 12 sqm. A stoneware and fountain display/sales area of 25 sqm. A production area for tropical plants and fish of 25 sqm. A display area for plants and fish 75 sqm. An area of 36 sqm which houses a small laboratory and electronics manufacturing area. A 22 sqm shop area for products for the aquatic hobbyist
  • 2,000 sqm outdoor area comprising a number of fish and plant ponds, car parking, display ponds, storage areas etc.
The business currently operates 6 days a week from 08:00 to 15:00 Monday to Friday and 08:00 to 12:00 on Saturday. The opening hours can be extended and the unit can legally operate 7 days a week.

The business has a large customer base developed over the past 21 years of operation and has started to develop markets in other countries, mainly Greece and Middle East.

The business is located 5 minutes from the Nicosia to Paphos highway and 10 minutes from Limassol town centre. Larnaca international airport is 30 minutes away and Limassol seaport is 15 minutes making the location logistically perfect for product and service distribution to the island and internationally.

The business operates retail and trade sales of equipment, fish and plants. The business also comprises import, export, manufacture and distribution of products. In addition, the business also provides services, comprising the design of Water Garden project, the supply of equipment, installation and construction, refurbishment and maintenance.

There is a 25 sqm shop area separate from the Water Garden Centre but on the same site which houses a kite and extreme sport business which is owned by the vendor and can be included in the sale if required price negotiable.

Property Information

Real Estate:
Freehold land & buildings

Living Accommodation:
There is the possibility to include a 4 bedroom detached dwelling situated just 5 minutes from the Water Garden Centre if required, at an extra cost (to be negotiated). 

Planning Consent:
The separate living accommodation has full and approved title deeds ready for transfer.

Business Operation

Expansion Potential:
The business is ripe for expansion, supplying the local pet shops and garden centres with fish, plants and dry goods. There are also good links into the Middle East and Europe for plants and equipment.

Competition/Market:
This is the only full scale Water Garden Centre we know of in the Middle East, there are many pet shops on the island and a significant number of them are already customers, however expansion of the local market is possible.

Trading Hours:
08:00 to 15:00 Monday to Friday 
08:00 to 12:00 Saturday

Employees:
3

Years Established:
21 years

Support & Training:
We can offer training in all aspects of the business and explain further the avenues of expansion, development and growth of the business.

Nearby Facilities

7 Km from Beach
8 Km from City Centre

Property Google Map Location

loading...

loading