Business for sale

840 Cherry Point Rd, Cobble Hill

$5,900,000 or
$5,900,000 or

Business for sale

840 Cherry Point Rd, Cobble Hill

Features

Lifestyle
926485 5900000 /en/business~for-sale~cobble-hill/926485?view=Summary /en/business~for-sale~cobble-hill/926485/photos 48.7137900000 -123.5640900000 true
Floor Area
5,475 sqft
Lot Size
1,491,494 sqft
Gross Property Tax
$10,771 /year
Zoning
A1
Amenities
Storefront, See Remarks
Major Business Type
Agriculture
Business Name "doing business as"
Cherry Point Estate Wines

Description

The vineyard at Cherry Point was established in 1990 when the founders purchased 34 acres on a former mink ranch a few miles south of Cowichan Bay. Since wine growing was still new on Vancouver Island they planted the vineyard with several grape varieties, for nobody really knew which grapes suited the island's soil and climate. After the grape trials, Cherry Point Estate Wines became one of the first licensed wineries on Vancouver Island in 1994. The Cowichan's long, Mediterranean like growing season and mild maritime winters make it the most important agriculture are on Vancouver Island. Today the 24 acre vineyard is the second largest on Vancouver Island and consists of grapevines that flourish in Cherry Point's microclimate. Ten main varieties and eight limited varieties are planted including Gewurtraminer, Pinot Gris, Pinot Blanc, Zweigelt Epicure and Cabernet Libre, Pinot Noir, Agreia, Ortega, Seigerrebe, and Castel. In addition to the vineyard, tasting room and retail area, the Bistro and beautiful landscaped grounds are available to accommodate group functions. The Bistro operates seasonally for casual lunches, business meetings, and other social functions, accommodating up to 90 people. For larger groups, and/or weddings, the garden pavilion and lower lawn are added using event tents. This is an established business & turn-key opportunity.
MLS® Number 926485

Listing REALTOR®

Bill Mcgowan, REALTOR<sup>®</sup>

Bill Mcgowan

REALTOR®

RE/MAX Island Properties

Location

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  • The amounts shown above are for information purposes only and do not include taxes, if applicable.
  • You must purchase mortgage default insurance if your down payment is less than 20 per cent of the purchase price of the property.
  • This calculator doesn't calculate the further 2% tax on residential property greater than $3,000,000 or the additional property transfer tax on residential property transfers to foreign entities or taxable trustees. Learn more about property transfer tax.
  • There are additional costs to buying a home. Speak with your REALTOR® for more information.
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