Century 21 Real Estate - Kamloops Real Estate For Sale - Real Estate Canada - Vancouver Real Estate

6614 KATCHMAR ROAD Lone Butte ( British Columbia, CA - V0K 1X0) Built

SALE PENDING $1,099,000 CAD
2019 APPRAISED AT OVER $1,210,000.

Century 21 Desert Hills Realty

Goetz Kopf Goetz Kopf 250-377-3030 (Office) 250-819-9922 (Cell) 250-377-3099 (Fax) Request More Info

  • Horse Lake Garden Centre Ltd. has been in operation since 2010.
  • Type: Commercial
  • Style: Commercial
  • Bedrooms: 5
  • Bathrooms: 3
  • Garage: "Carport"
  • Size: 3,600 sq. ft.
  • Development Level: Built
  • Lot Size: 5 acres
  • Year Built: 1978
  • Taxes: $1,954.00 CAD (2017)
  • MLS ® #: 150573 + C8024701
  • Basement: Yes, Full

Description

Horse Lake Garden Centre Ltd. Has been in operation since 2010 and is the largest greenhouse operation in the Cariboo. Since inception, Horse Lake Garden Centre has seen steady sales growth, more the doubling since 2010. A certified appraisal has been completed valuing the business and property at $1,214,200.

$584,000 Going Concern Appraisal Report of Horse Lake Garden Centre Ltd. & $630,200 Appraisal Report of the Greenhouse/Nursery Operation.

Financing as a first charge/mortgage of up to $700,000 OAC potentially available to a qualified buyer. Remainder financing via VTB (Vendor Take Back financing) available, if required. Seller agrees to provide buyer up to $400,000 of Vendor financing by way of 5 year interest only promissory note. Promissory note to be secured against assets of property & business, buyer personal guarantee, and / or general security agreement agreeable to both parties. Interest rate applied to promissory note will be negotiated at the time an offer is made. INVENTORY - Seller agrees to include $50,000 worth of usable inventory in the $1,099,000 price.

The sale will include all shares of Horse Lake Garden Centre Ltd., and operational assets, as well as the idyllic five acres and updated country style home. This fantastic property and business is situated on a quiet and landscaped five acres in Lone Butte, BC, near 100 Mile House and Horse Lake. Included is a beautifully renovated 3,600 SF house that has five bedrooms, three bedrooms, and warm, inviting country style updates throughout.

Please do not approach staff. Please call agent to view.

Attachments

P2#314833432
top
All information displayed is believed to be accurate but is not guaranteed and should be independently verified. No warranties or representations are made of any kind.

The trademarks MLS®, Multiple Listing Service® and the associated logos are owned by The Canadian Real Estate Association (CREA) and identify the quality of services provided by real estate professionals who are members of CREA.