Childcare Facility for sale

CF83

Sold STC £89,950

Property Description

Commercial information

  • Business for sale

Key features

  • Impressive spacious children's activity centre and café, registered in excess of 100, 80 seat café
  • EBTDA 2015 £63,000, good profitability
  • Convenient & popular setting, excellent reputation, excellent scope to development
  • Immaculately presented, high occupancy levels, spacious indoor play areas, genuine reason for sale
  • Viewings strickly by appointment only do not approach staff directly

Full description

Tenure: Leasehold

DESCRIPTION
A wonderful opportunity to acquire Rascals Club House Activity Centre which occupies a substantial 11,500 sq foot industrial unit on the outskirts of Caerphilly, South West Wales.

Purchased by our client in 2011, and established by the previous owner in 2009, the business has flourished and continues to be a well renowned and well respected children's activity centre with an excellent reputation for quality and fun, and incorporating an 80 seat café, 2 party zones and a 3 storey play frame with soft play area.

The unit is approximately 11,500 square feet in size with its entrance from its own substantial car park with a capacity of over 40 cars.

Rascals Clubhouse holds regular parties for children and has 2 dedicated sections for these. In addition to this there is an impressive 80 seat café which is regularly used by regulars with clients arriving from within a 30 mile radius of the centre. In recent times the figures fell due to some closure of the centre in 2014 as the vendor refurbished the centre.

Rascals Clubhouse is a substantial size and can hold in excess of 100 children of ages 3 months up to 11 years max. The main play frame is a 3 storey arrangement with built in bridges, slides, ball pit and was recently replaced. In addition there is a dedicated toddler's soft play area, a dedicated football area and a bouncy castles and a disco floor..

The cafe and seating area is all open plan and gives good visual views over all the play areas. There are numerous tables and chairs offering a total of 80 places. The commercial kitchen is semi equipped along with a coffee machine, a brand new industrial extractor fan has reccently been installed. A good range of hot and cold drinks are available along with an excellent selection of hot and cold snacks and meals. We have also been advised that the business has recently been awarded a 5 out of 5 for the food hygiene rating.

Rascals Clubhouse has a good loyal customer database. They are advertised in the local tourist information. Rascals also has its own website and a facebook page with a loyal following.

Due to the vendors personal reasons for sale, we feel this is an excellent interesting and genuine growth opportunity for a new owner and the scope is only limited by their imagination. Viewings are highly recommended to fully appreciate the potential on offer here.

REGISTERED NUMBERS
Registered for over 100 children aged 3 months- 11 years.

FEE INCOME
Current accounts can be inspected by genuinely interested parties after viewing.

STAFF
Family run on a day to day basis. The business also has a mix of full and part time staff.

PROPERTY
Operating from a substantial detached industrial unit on a well-known and used industrial and retail park, all the play areas are on one floor and provide a fantastic quality of play equipment for all ages. The café is modern and bright and there are separate toilets complete with full disabled facilities and a separate baby changing area. There is also a small office and separate party areas.

CHILDRENS' AREAS
The main play frame spans 3 levels and is of American design and is adjacent to the main café areas. There is also separate soft play areas, a football area and a disco area.

RESIDENTIAL ACCOMMODATION
There is no residential accommodation for owners or management available.

TENURE
We are advised that the property currently held upon a 10 year lease, with 5 years remaining. This lease is renewable. The vendors have had discussions with the landlords who have advised them verbally that a new 10 year lease will be available with a rent of £30,000 per annum, for the entirity of the lease.

We have been unable to check this information and advise prospective purchasers to consult their own solicitor for verification.

SUMMARY
A wonderful opportunity to acquire a well established and well respected children's activity centre, which contains excellent scope and potential to go from strength to the strength and is set in a superb location. A viewing is highly recommended to truly appreciate the business.

More information from this agent

Energy Performance Certificates (EPCs)

Nearest stations

  • Energlyn & Churchill Park (1.0 mi)
  • Llanbradach (1.2 mi)
  • Aber (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Redwoods Dowling Kerr

7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399201 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Map & Street View

Nearest stations

  • Energlyn & Churchill Park (1.0 mi)
  • Llanbradach (1.2 mi)
  • Aber (1.5 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

ALTIUS GROUP LIMITED, Redwoods Dowling Kerr

7b Edward Vii Quay, Navigation Way, Ashton-On-Ribble, Preston, PR2 2YF

01772 399201 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

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