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Commercial Property for sale

Unit 4, Lakeside Industrial Estate - B98

£120,000

Property Description

Commercial information

  • Business for sale

Key features

  • Unique Indoor Play Centre with Laser parties
  • Sales upwards of 200,000 with an EBITDA of £38,929
  • Immaculately presented throughout with state of the art equipment/ facilities
  • Great trading location, fantastic reputation

Full description

Tenure: Leasehold

Description
This is an opportunity to purchase a thriving and highly successful Children’s Activity/ Play centre which occupies an accessible trading position in a delightful town.

The activity centre is well known within the area and the business has earned a truly enviable reputation with excellent reviews and therefore boasts an extensive and ever expanding loyal customer base enjoying regular referrals and recommendations.

The business operates from highly visible and commanding premises which provide the ideal environment for an activity centre with spacious and versatile business accommodation. The premises are easily accessed from throughout the area and the business attracts parents from the immediate locality as well as those from neighbouring towns and villages.

The business offers something for children of all ages including a soft play area, impressive play frame, laser parties as well as being an extremely popular party venue. There is also a highly lucrative Café serving a selection of drinks and snacks with seating for 94 people.

This is a thriving and highly successful business yet still offers terrific potential for future growth and development. The business would therefore ideally suit an ambitious and enthusiastic operative who can continue to drive the business forward whilst enhancing profitability and ultimately reaping the financial rewards.

Sales
Current records and accounts can be inspected when viewing.

Staff
Managed by the owners with full/part time staff.

Building External
Modern lock up commercial premises offering spacious and versatile business accommodation. The propery is set on a size of 6500 square footage.

Building Internal
The main open plan play area is immaculately presented and extensively equipped with vibrant décor creating a bright, stimulating environment. The play area houses a challenging and exciting play frame.

The Laser parties are held after the main frame is closed and with some disco lights and a smoke machine the area is transformed into the Laser zone.

For the younger children, there is a private play area for ages between 1 and 3 with a separate soft play area which also allows parents to get involved.

There is a children’s cookery kitchen, which is used to host baking parties.

The business has a thriving café area with seating for over 94 people offering a selection of freshly prepared food and drinks. The Café is served by a superbly appointed commercial kitchen which has an extensive range of excellent quality, valuable modern catering equipment.

The business has ample toilet and storage facilities. Externally there is customer parking for a large number of vehicles.


Residential accommodation
There is no residential accommodation for owners/management available.

Tenure
We are advised that the property is held on a 5 year lease which commenced in 2013. The annual rent is £32,500 exclusive (correct as advised on 25/01/13). Rent reviews are at 5 yearly intervals. We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

Summary
A fantastic opportunity to acquire a thriving business generating excellent profits with scope for future improvement. To avoid disappointment, viewing is highly recommended.


Map & Street View

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