Monday, 11 May 2015

Garden Centre Forum - Ernest Wilson reviews - Tong Garden Centre


 
The new owners of Tong with Jonathan Holmes
     
Tong Garden centre in Tong village near Bradford was completely rebuilt after a serious fire in 2000.  The 17 acre site now has a covered sales area of 110,000 sq ft and parking for 700 vehicles.
Owner, Ron Harker, has sold the business he has owned since 1984 including the freehold.
The new owners are two East Yorkshire businessmen, Tom Megginson and Mark Farnsworth, who own several other businesses including a farm shop, Williams Farm Kitchen in Hornsea.
They claim that Tong has the potential to become one of the North’s leading destination garden centres and say exciting plans will be unveiled shortly including a new website.
The sale was arranged by Jonathan Holmes, of Ernest Wilson.
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Saturday, 9 May 2015

Bradford Telegraph and Argus            

Jobs boost pledge as garden centre sold in multi-million pound deal

        
A 'DRAMATIC' increase in jobs at one of the Yorkshire's largest garden centres has been promised by the new owners after the business changed hands in a multi-million pound deal.
Tong Garden Centre, in Tong village, has been required for an undisclosed sum by two East Yorkshire businessmen who have promised significant investment in the 17-acre site in Tong Lane.
The business- which bounced back from a devastating blaze in 1999 and employs about 140 staff - has been sold by Ron Harker ,who is retiring after running Tong Garden Centre with his family since 1984.
 
Entrepreneurs Tom Megginson and Mark Farnsworth.who several business interests, have acquired the freehold of the site in a deal handled by business agents Ernest Wilson who were appointed by Mr Harker to review the market and find a buyer.
Mr Megginson said: "We have been looking for a new site and having been introduced to Tong Garden Centre by Ernest Wilson, it allows us to harness our previous business experience and take Tong Garden Centre from a successful business to a multi-million pound turnover business which will not only provide a fantastic destination for our customers but will also dramatically increase the number of employees thus helping the local economy."
 
Jonathan Holmes, of Ernest Wilson, said: “As one of the largest independently owned businesses in West Yorkshire it has been a pleasure to act on Mr Harker’s behalf in the sale of Tong Garden Centre and ensuring Ron now enjoys a well-deserved retirement.
“The purchasers have some very exciting plans which I believe will really put this business on the map as one of the best garden centres in the region.”
Tong Garden Centre was officially re-opened by TV gardening celebrity Charlie Dimmock in 2001, 18 months after a major blaze destroyed its main buildings.
Following the fire, which was tackled by more than 80 firefighters, the garden centre was re-built with a range of buildings including retail sales, a restaurant, warehousing, glass houses and poly-tunnels extending to more than 110,000 sq.ft. with car parking for 700 vehicles.
The new centre, a 63,000 sq ft structure, built incorporating Yorkshire stone and traditional slate roofing, stocked more than 10,000 products at any one time, ranging from plants, shrubs and trees to aquatics, pets and wild bird feed, to garden furniture, stoneware and gifts.
The £3.5 million refit also created 50 new jobs at the site, taking the workforce to 140 and incorporated eco-friendly design features include using rainwater piped from massive storage tanks collected from giant gutters.

http://www.ernest-wilson.co.uk,

http://www.thetelegraphandargus.co.uk/news/12939739.Jobs_boost_pledge_as_garden_centre_sold_in_multi_million_pound_deal/#

More Tong Garden Centre press

        

Tong Garden Centre sold

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The multi million pound sale of Bradford’s Tong Garden Centre which formally completed earlier this week.


Ron Harker appointed Ernest Wilson to review the market and find a purchaser for the 7ha site following his decision to retire having owned the business since 1984.
Following a serious fire in 2000 the garden centre was completely re-built incorporating a range of buildings including retail sales, restaurant, warehousing, glass houses and poly-tunnels extending to over 110,000 sq.ft. with car parking for 700 vehicles.
The garden centre has been bought freehold by two East Yorkshire businessmen Tom Megginson and Mark Farnsworth who have substantial redevelopment plans.
They own several other businesses, including a farm shop, Williams Farm Kitchen situated in Hornsea and a Biogas plant, GWE Biogas in Driffield. B
Megginson said: “We have been looking for a new site and having been introduced to Tong Garden Centre by Ernest Wilson, it allows us to harness our previous business experience and take Tong Garden Centre from a successful business to a multi million pound turnover business which will not only provide a fantastic destination for our customers but will also dramatically increase the number of employees thus helping the local economy.”



https://www.thehappygardeners.co.uk/tong-garden-centre-sold/

Friday, 8 May 2015

Ernest Wilson Reviews - Horticulture Week

HortWeek   
 


Tong Garden Centre new owners' plans will "put business on map"

Ernest Wilson Business Agents have negotiated the multi million pound sale of Bradford's Tong Garden Centre which formally completed earlier this week.


Ron Harker appointed Ernest Wilson to review the market and find a purchaser for the 7ha site following his decision to retire having owned the business since 1984.
Following a serious fire in 2000 the garden centre was completely re-built incorporating a range of buildings including retail sales, restaurant, warehousing, glass houses and poly-tunnels extending to over 110,000 sq.ft. with car parking for 700 vehicles.
The garden centre has been bought freehold by two East Yorkshire businessmen Tom Megginson and Mark Farnsworth who have substantial redevelopment plans.
They own several other businesses, including a farm shop, Williams Farm Kitchen situated in Hornsea and a Biogas plant, GWE Biogas in Driffield. B
Megginson said: "We have been looking for a new site and having been introduced to Tong Garden Centre by Ernest Wilson, it allows us to harness our previous business experience and take Tong Garden Centre from a successful business to a multi million pound turnover business which will not only provide a fantastic destination for our customers but will also dramatically increase the number of employees thus helping the local economy."
Jonathan Holmes of Ernest Wilson said: "As one of the largest independently owned businesses in West Yorkshire it has been a pleasure to act on Mr Harker’s behalf in the sale of Tong Garden Centre and ensuring Ron now enjoys a well-deserved retirement" he added, "The purchasers have some very exciting plans which I believe will really put this business on the map as one of the best Garden Centres in the region."


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Multi Milion Pound Garden Centre Sold!

Multi million pound garden centre sold!



Ernest Wilson Business Agents have successfully negotiated the multi million pound sale of Tong Garden Centre which formally completed earlier this week.

Ron Harker appointed Ernest Wilson to find a purchaser for the 17 acre site following his decision to retire having owned the business since 1984. Following a serious fire in 2000 the garden centre was completely re-built incorporating a range of buildings including retail sales, restaurant, warehousing, glass houses and poly-tunnels extending to over 110,000 sq.ft. with car parking for 700 vehicles.

The Garden Centre has been purchased freehold by two East Yorkshire businessmen Tom Megginson and Mark Farnsworth who have substantial redevelopment plans. Both Tom & Mark own several other businesses, including a very successful farm shop, Williams Farm Kitchen, situated in Hornsea and a Biogas plant, GWE Biogas in Driffield. Both are looking forward to injecting all their experience into their new venture which has the potential to become one of the North’s leading Garden Centres creating a significant number of new jobs. Tom stated;

‘We have been looking for a new site and having been introduced to Tong Garden Centre by Ernest Wilson, it allows us to harness our previous business experience and take Tong Garden Centre from a successful business to a multi million pound turnover business which will not only provide a fantastic destination for our customers but will also increase the number of employees helping the local economy’

Jonathan Holmes of Ernest Wilson said “As one of the largest independently owned businesses in West Yorkshire it has been a pleasure to act on Mr Harker’s behalf in the sale of Tong Garden Centre and ensuring Ron now enjoys a well-deserved retirement” he added, “The purchasers have some very exciting plans which I believe will really put this business on the map as one of the best Garden Centres in the region”.

Ernest Wilson’s are the leading business transfer agent in the North of England and have been established since 1956. 
For all businesses for sale go to http://www.ernest-wilson.co.uk

Saturday, 18 April 2015

Ernest Wilson Reviews: Richards Family Fisheries - Award winners

We were pleased to learn that Barrie Richards of Richards Family Fisheries has won the Chip shop of the year award from the Reporter series of newspapers




Barrie is no stranger to being in the press and was in the Huddersfield Examiner a few years ago when the newspaper documented his story and how Ernest Wilson had helped him during his progression in buying and selling all four of his shops. Details below:
 
A FORMER marketing director is running a thriving takeaway business – thanks to help from a West Yorkshire business transfer agent and commercial bankers based in Huddersfield.
Former marketing director Barrie Richards, who was made redundant, launched his first fish and chip shop in Pudsey after talking to staff at business transfer agent Ernest Wilson about buying a business and securing finance from Lloyds TSB Commercial in Huddersfield.
Now his Richards Family Fisheries brand is wining plaudits on visitor recommendation websites.
Fish and chips remain the number one takeaway food in the UK – with more than 10,000 fish and chip shops selling more than 300m portions each year, The industry is worth about £1.2bn – meaning that £1 out of every £100 spent on food is spent in a chippie.
Mr Richards purchased his first fish and chip shop in Pudsey with the assistance of Lloyds TSB Commercial.
Wendy Hallas, of the bank’s Huddersfield Business Centre, said “We are always on the lookout for opportunities to support Iocal businessmen and women and I was in no doubt that Barrie was an ideal prospect to support. We were delighted to able to back him with his new venture and way of life.”
To help ensure success in his new venture, Mr Richards followed Ernest Wilson’s advice and enrolled on a training course with the National Federation of Fish Friers.
His business performed very well and turnover increased. Having established his first shop, Mr Richards sold it a year later through Ernest Wilson and bought another chippie that they had for sale. He increased turnover at that store by four times and went on to sell it for a substantial profit.
This time, he opened up an empty unit as a fish and chip shop – growing turnover from a standing start to more than £3,000 a week before selling again through Ernest Wilson.
Richards Family Fisheries is now running its fourth shop at Bradford Road, Cleckheaton, having had an amazing opening day on November 5.
Said Mr Richards: “There is life after redundancy! I am so glad that I walked into Ernest Wilson’s that day and with their support and that of the NFFF and Lloyds TSB Commercial I have established a new career with new skills which I find fulfilling and challenging at the same time.
“There is never a dull moment and I find the ability I now have to make, back and implement my own decisions thrilling.”


http://www.examiner.co.uk/news/business/agency-chips-help-barrie-takeaway-4937425

Ernest Wilson reviews the success of it's clients regularly - watch this space over the next couple of weeks for news of one of the biggest deals Ernest Wilson have ever been involved in!


Tuesday, 14 April 2015

Ernest Wilson Reviews - Business Rates Review


Ernest Wilson Reviews - Business Rates Review

The government is conducting a wide-ranging review of business rates in response to concerns from many business ratepayers that business rates are in need of reform to make them fit for purpose in a 21st century economy.


During this Parliament, the government has taken action to reduce the burden of business rates on all sectors, with particular support targeted at small businesses and the retail sector. It is also working with businesses and local authorities to bring forward practical changes to the administration of business rates in response to businesses’ calls for clearer billing, better sharing of information and a more efficient appeals system.

The tax system, including business rates, should provide stable and sustainable revenues to fund public services in the least distortive way. The debate about the future of business rates centres on whether the tax is sustainable, fairly targeted and sufficiently flexible to respond to both changing patterns of property usage and conditions in the wider economy. The government wants to ensure the widest possible debate about how the system can be improved to meet these concerns.

Recent changes allowing local authorities to retain a percentage of the business rates they collect have concentrated thoughts on whether the system could better incentivise investment and growth. Some have put forward suggestions for changing the way that business rates raise revenue, ranging from major changes (such as basing them on business turnover) to adaptations of the existing system (such as changing the frequency of revaluations).

Others have highlighted the value of keeping business rates broadly as they are to retain stability and predictability which allows both businesses and local authorities to make decisions with improved certainty and confidence.

So while there is agreement across business sectors that the business rates system is in need of reform, there is no clear consensus on how best to achieve this. This is why we want to take the opportunity to undertake a thorough, wide-ranging and robust examination of the existing business rates system and to explore options for future reform.

This document confirms the terms of reference for this review and provides further context for its aims and core themes. This is the biggest review of business rates in a generation and we would urge businesses, local communities and others to get involved. We want to hear views from a wide range of stakeholders to ensure that the review’s outcomes are informed by a broad and open discussion and that they balance the concerns of central government, local government and business ratepayers. The review will report its findings by Budget 2016.

For further information visit the following link

https://www.gov.uk/government/consultations/business-rates-review-terms-of-reference-and-discussion-paper

For all Ernest Wilson's latest instructions visit https://www.ernest-wilson.co.uk