Commercial Property for sale

7 Albany Road - DT4

£295,000

Property Description

Commercial information

  • Business for sale

Key features

  • Fantastic children’s activity centre with incorporating party facilities and a café
  • Turnover (y/e 16) £270,000 - EBITDA £28,786
  • Convenient and accessible trading location, popular town location
  • Well-appointed throughout with modern equipment

Full description

Tenure: Leasehold

DESCRIPTION
This is a rare opportunity to purchase a highly successful children’s activity/play centre, which occupies a prominent and accessible trading position 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.

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

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

The business operates from a substantial and impressive premise which is presented to an exceptionally high standard with an extensive selection of valuable, modern equipment creating a welcoming and stimulating environment.

Fun Factory is a thriving and lucrative business 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.


ACCOUNTS
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.

Building External
The business occupies a fantastic trading location.

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.


BUILDING INTERNAL
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
There is no residential accommodation available.

TENURE
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 an excellent children’s activity centre which has already built up a superb database of loyal and regular customers and has genuine potential for future growth.


Nearest stations

  • Weymouth (1.5 mi)
  • Upwey (2.5 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

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

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 (1.5 mi)
  • Upwey (2.5 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

Tustin Court, Unit 1, First Floor, Port Way, Ashton-On-Ribble, Preston, PR2 2YQ

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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