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Children's Soft Play In Gosforth For Sale

Newcastle-upon-Tyne, Tyne and Wear, UK
Asking Price:
£150,000 Furniture / Fixtures included
Turnover:
£250,000
Net Profit:
Available on request

• Established business operating in Gosforth since 2011.
• Turnover in the region of £250,000 per annum.
• Ideal opportunity for owner operator.
• Soft play, café, parties and after school club.
• Fully fitted and equipped premises.
• Scope to develop other elements of business.

Property Information

Property:

Leasehold

Lease Terms:

A new 10 year FRI lease is available at a rent of £32,000 plus VAT. There will be break clause and rent review provisions at the 5th anniversary. Further details on application.

Leasehold Rent:

£32,000 per annum

Location:

The business is located on West Avenue which lies just off the High Street in the heart of this affluent suburb 2 miles north of Newcastle.

Premises Details:

This business was originally established by our client in early 2011 and operated from the nearby shopping centre before moving to the current premises in November 2016. The business has been placed on the market as our client’s personal circumstances have changed.

The business operates from spacious premises and can therefore offer a broad range of services which includes traditional soft play with an integrated café and an after-school club. This club is particularly popular and is a valuable asset of the business and currently offers 40 places. The business is OFSTED registered which gives parents the peace of mind that the facility is fully compliant.

The business offers private party facilities and has a monopoly position in Gosforth. There is an additional room within the premises that could be used as a bespoke coffee shop for non-soft play customers.

We see the business as an opportunity for either a couple or a family partnership to operate and grow with genuine potential for motivated new owners.

Energy Performance Rating:
C

Business Operation

Trading hours:

Mon – Fri 9am – 3.00pm then 3.15pm – 6.15pm
Sat & Sun 9am – 3.00pm then 3.15pm – 5.00pm for private hire.

Employees:
The business is operated by our client with 1 full time and 10 part time members of staff.
Years established:
13 years