Licensed Soft Play Centre in County Durham For Sale

Situated in a Business Centre, residential, office and commercial area, CO. DURHAM.

Turnover £ 5,000
Price £119,950

Features

Licensed Kids Soft Play Centre

PREMISES in the region of 9,000 ft²

5 STAR HYGIENE RATING

2 Level Climbing Apparatus
Double slide
2 Trampolines
3 bouncy castles
Various toy vending machines
7m x 8m Football pitch

Sales counter with Alcohol licence, 2 EPOS tills, ice cream counter, cake display fridge, Coca-Cola fridge, upright glass fronted double door drinks display fridge, 2 group coffee machine. CCTV system (8 cameras, 1 monitor).

OPEN PLAN KITCHEN with stainless steel extractor unit, 6-burner gas cooker, 2 microwaves, 6 under-counter fridge/freezers.

Ladies' & gentlemen's toilet with w.c. and wash hand basin
Disabled toilet with w.c. and wash hand basin

Turnover

WE ARE INFORMED by the owner the turnover currently averages £5,000 p.w.

Staff

The business is at present operated by the vendor with the assistance of 5 part time staff.

Trading Hours

7 Day week
MONDAY - SATURDAY 9.30 a.m - 3 p.m
SUNDAY 11 a.m - 4 p.m

Outside

Parking space for 26 cars.

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease from a private landlord, granted for 10 years in 2020 with reviews every 5 years (next review 2025) at a current rent of £20,000 p.a. plus VAT. In addition we understand there is a Service charge of £5,000 p.a. approx.

Business Rates from April 2023 £2,600 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2020 AND IS SOLELY OFFERED FOR SALE DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £119,950 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 59,975 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote