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Leisure Facility for sale

39 Baileyfield Road, Edinburgh, EH15

Leasehold £49,999

Property Description

Commercial information

  • Business for sale

Key features

  • REF:12881A
  • LEASEHOLD BUSINESS
  • CHILDRENS PLAY CENTRE
  • CAFE

Full description

Tenure: Leasehold

LOCATION
The business is located in a lively residential area within the City of Edinburgh.

Set on a busy road with free street parking. Planet Cafe has a small car park to the front and is situated in a housing area just away from the main retail area of the town of Portobello.

Next door is a small business centre with several office based businesses. The area is served by several A roads. The A1 is a busy commuter road into the city and the A1999 runs between Portobello and Leith.

BUSINESS
Hilton Smythe welcomes to the market Planet Café Porty Ltd. This popular children's soft play centre and busy café was established by our client in 2013 and has seen year on year growth, being very well supported by local residents.

The soft play centre caters for younger children in a safe friendly environment. Whilst adults can relax in the 30 cover stylish and modern café, providing fresh coffees, hot and cold food and homemade soups and tempting cakes.

The business reports a turnover at £65,490 for this financial year with gross profit at 72%, with the business genuinely coming to the market due to our client's family commitments. The business benefits from 100% rate relief, allowing for lower costs.

Planet Café is a very popular venue for children's parties, themed and seasonal events with a gallery of pictures displayed on the businesses Facebook page with nearly 1700 likes and regular updates. Although, we believe a new owner may wish to embark on a modest marketing campaign to further promote the parties. Discounts are available via the widely known platform Groupon.

We are advised that the sale includes a database of 800 names, also included is all promotional material, such as logos and branding. Our client is willing to offer a handover period, to allow for a smooth transition period. This business is in a walk-in trading position, this business opportunity is not to be missed.

The sale includes a large amount of entertaining equipment and the business has a full public entertainment licence and PRS licence.

Early viewing of this immaculately presented business is highly recommended.

PREMISES
Well-presented detached premise with good signage.

The main entrance leads into the cafe area.

Café
The cafe opens up from the entrance into a large open plan space with seating for up to 30 covers. A new serving counter and reception area for the play room is in front of you as you walk in. The serving counter is fitted with 2 chilled displays and has a serving area and till.

To the right of the serving counter is a disabled toilet and separate male/female toilet. To the left is the main seating area with tables and chairs and a soft seating area which provides a viewing point into the play room.

The play room itself is accessed to the rear of the cafe. Behind the serving counter is a small open plan kitchen, well equipped with coffee machine, panini maker, oven, hob, soup kettle, dishwasher, fridges and freezer as well as stainless steel workbenches. Other general kitchen equipment and utensils are also included.

Play room
To the rear of the building and through the cafe is the children's play room. Equipped with an inflatable bouncy castle, climbing frame, ball pool, workbenches, make up area, fancy dress section, a good selection and of toys for smaller children and tables with seating for parents.

There is also a stock room which doubles as the staff room, equipped with a small kitchen area.

Further equipment includes-
Stage
PA
Music centre
Speakers
DVD player
Make over dressing table

The building has a full electrical report, new smoke detectors, with a new floor also. The doors are alarmed for security.

TENURE
We are advised Leasehold.
The original lease length is 15 years
As of 2016, 12 years remain on the lease.
Rent is £1369 per month including insurance.

HOURS
To be advised

STAFF
The business is owner run with the assistance of a Manager, 2 Café Assistants and additional staff at weekends for parties.

FINANCIAL PROFILE
The business reports a turnover at £65,490 for this financial year with gross profit at 72%,


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