Childcare Facility for sale

Custom House Quay, Weymouth, Dorset, DT4

Guide Price £650,000

Property Description

Commercial information

  • Business for sale

Key features

  • Two children's activity centres with incorporating party facilities and a café, popular town location
  • Combined annual turnover approximately £600,000
  • Convenient and accessible trading location, well-appointed throughout with modern equipment
  • Convenient and accessible trading location, well-appointed throughout with modern equipment

Full description

Tenure: Leasehold

DESCRIPTION
This is a rare opportunity to purchase two highly successful children's activity/play centres, which occupy prominent and accessible trading positions, with Sharky's in the centre of the popular seaside town of Weymouth and Fun Factory on the outskirts of the town.

We are advised that this is the most exclusive facility for 30 miles. Weymouth is a popular and bustling town which is home to an abundance of retail outlets, professional organisations and blue chip clients, with a large number of residential developments located in the vicinity of the town. The town is a very popular holiday town with beautiful beaches and sea front, which hosted the 2012 Olympic sailing events.

Sharky's is ideally located on the historic old harbourside within an easy stroll of the bustling town centre and fantastic golden sands of Weymouth beach.

Fun Factory has an imposing and extensive property occupying a fantastic location on the main route into town with ample parking.

Sharky's and Fun Factory currently operates 7 days per week 9.30am- 6.30pm, with parties going on later in the evening. The businesses offer a wide selection of activities including laser quest, which caters for private functions and children's parties.

The businesses operate from substantial and impressive premises which are presented to an exceptionally high standard with an extensive selection of valuable, modern equipment creating a welcoming and stimulating environment.

Sharky's and Fun Factory are thriving and lucrative businesses yet still offers terrific potential for additional facilities. The business would therefore ideally suit an ambitious and enthusiastic operative who can continue to drive the business forward whilst enhancing the profitability and ultimately reaping the financial rewards.

We have been advised by the vendor that there is the potential to purchase the setting individually by way of negotiation.

FEE INCOME
Available accounts are available upon request. Current records and accounts can be inspected after a viewing.

STAFF
Managed by the owners with full and part time members of staff at both sites.

PROPERTY
Both businesses are imposing and extensive properties occupying fantastic trading locations.

Sharky's
All play areas are on the ground floor level and provide fantastic quality play equipment, seating areas, boys and girls toilets, along with disabled facilities. There are three separate rooms which have the potential to be used as party rooms, which are located on the first floor. The first floor also has the potential to be utilised as a separate business like a restaurant, as it benefits from having separate access.

Located on the second floor is the Hanger 51 laser zone arena, which has its own party room and reception area.

On the third floor is a bespoke purpose built slot car racing system, along with a party area.

The third floor also has the potential to be converted into a managers accommodation with fantastic views over the historic Harbour.

Fun Factory
All play areas are on ground floor level and provide fantastic quality play equipment, seating areas, boys and girls toilets along with disabled facilities. Two separate party rooms are located on the ground floor with the management office also located on the ground floor.

TRADING AREAS
Sharky's
The business has a huge 4 level indoor softplay area with 6 exciting slides including the notorious "deathslide" for the over 5's. There is also a dedicated ground floor section for the under 5's. Upstairs leads to the exciting laserzone maze for the over 7's.

The top floor is dedicated to a huge slot car track with 6 lanes. Scalextric sized cars race on a computer controlled track. Then on the ground floor there is a licensed cafe/ bar offering homemade specials and cakes. Customers can relax on the harbourside terrace.

At Sharky's they have a licensed harbour side pavement seating area offering panoramic views of Weymouth's historic old harbour.

This setting also benefits from a lift to all floors.

Fun Factory
Well presented and equipped, this business is brightly decorated and has a two storey play gym which includes ball pools and slides with the recent addition of an outside zip line. There is a spacious café area with ample seating and an equipped kitchen.

On the first floor there is additional seating, a bouncy castle and a purpose built Lasar Elite laser zone with its own party area.

Fun Factory also benefits from a huge private car park with an outdoor play area with a zip wire, two outdoor bouncy castles, a football pitch and an outdoor seating area.

There is also a large plot of land on the back of the carpark, which has separate store rooms and its own power. This area offers the potential for development into extra outdoor play facilities (trampoline park , skate bmx park) or into a separate industrial facility that could earn a separate rental income.

RESIDENTIAL ACCOMMODATION
The third floor of Sharky's also has the potential to be converted into a manager's accommodation with fantastic views over the historic Harbour.

TENURE
We are advised that both settings are held under the same landlord, but are on separate agreements.

Sharky's
We are advised that the property is held with 11 years remaining on the lease. The annual rent is £30,000 pa. exclusive (correct as advised on 14/09/16). This rent figure is currently under review and may be subject to change for any new owner.

Fun Factory
We are advised that the property is held with 6 years remaining on the lease. The annual rent is £52,000 pa. exclusive (correct as advised on 14/09/16)

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

SUMMARY
An exciting opportunity to acquire two excellent children's activity centres which have already built up a superb database of loyal and regular customers and has genuine potential for future growth.

More information from this agent

Nearest stations

  • Weymouth (0.6 mi)
  • Upwey (2.9 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

  • Weymouth (0.6 mi)
  • Upwey (2.9 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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