£175,000 - Business - Available



Terence Painter
Prospect House
44 High Street
Broadstairs

Agent's Website
01843 866866


PRIME SEAFRONT INDOOR CHILDRENS PLAY CENTRE
Situated directly opposite Margate's main sandy beach is this substantial award winning and well presented Children's Indoor Play Centre measuring in excess of 445m2 (4800sqft).
The premises are located at basement level with access from the ground floor street level via stairs and a passenger lift. This well established business is offered for sale with the benefit of an extensive range of equipment and leisure apparatus. The business currently operates seven days a week with an established clientele of walk-in customers and party bookings.
The business is being offered for sale with the benefit of a re-newable commercial lease for a premium of £175,000.

Entrance

Entrance
Entrance via door from Marine Terrace leading to entrance area with stairs and passenger lift leading down to basement level.

Main Leisure Area
A substantial open-plan area arranged over several levels and currently arranged with various play and seating areas, reception and W.C.s.

Central Area: Approximately 70' x 35' (21m x 10m) incorporating reception area, lift and stairs access. Fire escape leading out to rear service road suitable for deliveries.

Left Hand Side Play Area: Approximately 60' 6 x 16' (18.4m x 4.88m).

Right Hand Side Area: Approximately 70' x 18' (21m x 5.5m) Incorporating general and further raised seating area, sunken play/dance floor area, ladies, gents and disabled W.C.s.

Gents Bathroom
Fully tiled modern washroom facility with urinals, w.c. and wash hand basins.

Ladies Bathroom
Fully tiled modern wash room facility with three w.c.s and wash hand basins.

Disabled Bathroom
Modern W.C. with wash hand basin and vinyl flooring.

Kitchen
Steps up to kitchen measuring approximately 23'10 x 7' 10 narrowing to 6' 7. (7.26m x 2.39m narrowing to 2.01m). Fully equipped kitchen incorporating stainless steel work areas, stainless steel sink and wash hand basin. Extractor. Recessed storage areas.

The Business:
The established business is being offered for sale together with all equipment to include: climbing frames, ball pits, tables and seating, projectors, screens, sound equipment, console games and equipment, costumes and kitchen equipment, for a premium of £175,000. Audited business accounts are available to view upon request.

Award Winners
The current owners have been awarded Runners-up in 2014 and Winners in 20015 & 2016 in the Indoor Leisure category at the annual Thanet Pride Awards.

Lease:
A 5 year renewable commercial lease commenced in January 2015, with a current rental of £15,500 per annum.


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