Virtual Reality Gaming Business in South London For Sale

Situated in a small parade, main road trading position, residential, office and commercial area, approximately SOUTH LONDON.

Turnover £ 1,500
Price £120,000

Features

Virtual Reality Gaming Business Plus Bubble Tea

DOUBLE FRONTED PREMISES in the region of 868 ft² with industrial non-slip floor, suspended ceiling with spot and LED lighting, Air conditioning with hot air, sales counter, compter, Bubble Tea, drinks display fridge (glass fronted upright)

4 Gaming Simulaters
4 VR head Sets and gaming arena
1 Gaming PC.

Toilet with w.c. and wash hand basin.

Turnover

WE ARE INFORMED by the owner the turnover currently averages £1,500 p.w.

Staff

The business is at present operated by the vendor with the assistance of 1 part time as requiredstaff.

Trading Hours

7 Day week
MONDAY - FRIDAY 2pm - 9pm
SATURDAY & SUNDAY 11am - 9pm

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2025 with reviews every 3 years (next review 2028) at a current rent of £26,000 p.a. + VAT. In addition we understand there is a Service charge of £3,500 p.a. approx.

Business Rates from April 2025 £4,000 approx. (Please contact local authority to confirm)

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2025, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £120,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 60,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote