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Commercial Property for sale

Sully Moors Road - CF64

£200,000

Property Description

Commercial information

  • Business for sale

Key features

  • Exceptional children’s activity/ play centre, prime trading position
  • Annual turnover £420,000
  • Capacity for 240 children
  • Truly enviable reputation, viewing highly recommended

Full description

Tenure: Leasehold

DESCRIPTION
This is a rare and exciting opportunity to purchase a children’s activity/ play centre situated in Penarth, Wales.

The activity centre occupies a prime trading position with ample off road parking facilities. All major commuter routes are close at hand. The setting is ideally placed for the neighbouring towns and villages, attracting customers from throughout the area.

The activity centre has successfully operated in the area since 2008 and during this time the business has earned a truly enviable reputation, boasting an extensive and loyal customer base with regular referrals and recommendations.

The business operates from highly imposing modern premises. The centre is immaculately appointed throughout, offering spacious and versatile business accommodation.

This exciting day out offers something for children of all ages, including a separate area for the younger ones, impressive play frames, bouncy castle, disco room as well as being a popular party venue.

There is also a highly lucrative 180 cover café, which was recently awarded a 5 star food hygiene rating. The café serves a selection of soft drinks, teas, coffees and homemade hot and cold meals and snacks from an extensive menu.

This is a thriving and profitable business, which would ideally suit an ambitious and enthusiastic owner who can continue to accomplish the genuine potential for future growth and continue to drive the business forward. An additional area for expansion would be the outside area, with a large area that is currently grassed that could be developed.

This will naturally increase the already impressive turnover, whilst also enhancing overall profitability.

To fully appreciate this first class business opportunity, a viewing is highly recommended.


REGISTERED NUMBERS
Capacity for 240 children.

ACCOUNTS
Current records and accounts can be inspected after viewing.

STAFF
Operated under management with full/part time staff.

Building External
The modern and substantial commercial premises offer spacious and versatile business accommodation, which is an ideal environment for a children’s play centre. The premises is in an excellent condition throughout.

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 three storey play frame with a bouncy castle, an under 2’s activity area, baby sensory area, and party rooms.
The thriving café area has seating for approximately 180 people, offering a selection of freshly prepared food and drinks.

The café is served by a well-appointed commercial kitchen which has an extensive range of excellent quality modern catering equipment and was recently awarded a 5 star hygiene rating.

The business has ample toilet and storage facilities.


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

TENURE
Our client informs us the property is held on a 15 year lease which commenced October 2008 with rent reviews every 5 years. There is currently 8 years left on the lease. The current rent for the business is £60,000.

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


SUMMARY
This is a terrific opportunity to acquire a thriving business, generating excellent profits with fantastic scope for future growth. To avoid disappointment, viewing is highly recommended.


Map & Street View

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