Baker Payne are extremely pleased to offer For Sale, the Leasehold of this fully equipped, well presented, and profitable children's soft play business, including cafe/snack bar area, Pottery Den, and party room.
Situated in a prominent business park close to Somerton town centre (less than 1 mile), the business sits adjacent a good mix of other local businesses and complimentary operators approaching around 120 in total. 18 miles East of Taunton, 10 miles North of Yeovil, and 8 Miles South of Glastonbury, Somerton is a delightful town with a population just short of 5000 people, and continues to benefit plenty of ongoing development with new build housing to the outskirts (less than 1 mile from the business park itself). Historically once the county town, Somerton gave its name to the county, has a popular weekly market, and an average house price currently around £270,000.
The superbly named 'Safari Tots' owing to its jungle style decor, equipment, and ambience, has become more in the way of a locally renowned brand, and is extremely well patronised by parents, toddlers, grandparents and children seeking soft play, or coffee and a natter within the surrounds of the lovely coffee/snack bar which benefits free wifi. Upstairs is the more sophisticated, challenging, and ever more popular pottery painting (The Pottery Den) which also attracts parties.
The business is Leasehold via a private landlord lease, and housed within a modern and purpose built commercial premises with plenty of designated parking. Full/New Lease Terms & Length by negotiation, current annual rent £15,600 pa. Rates Payable are currently £321 PCM. Nicely appointed throughout, well presented and maintained, the decor is vibrant, sharp, bright and clean, making full use of the jungle and animal theme, with vivid colours. Fully equipped premises benefitting a large 2 storey protective and padded soft play frame, including ball pit, climbing wall, web covering, and other ancillary activities such as cargo nets, daring rope swing, aerial runway, and whizz slide.
Coffee Bar/ Cafe area, with central timber servery & staffing area. Mixed selection of loose chairs, tables, and soft seating in mixed vibrant colours. Fully equipped toddlers soft play and sensory area, floor matting and ball pit, dressed in a farmyard and animal theme. Throughout the ground floor there is plenty of natural light, and large front window elevations. Everything is secure, and child friendly in keeping with its surrounds. The business caters for age groups 0 - 10.
The first floor offers a selection of rooms, via a self contained access stairwell, and briefly comprises 2 main rooms plus a fairly well equipped catering kitchen with natural ventilation. The front room is currently used for The Pottery Den, which is a fairly recent but ever popular venture, well stocked and equipped, attracting many pottery painting parties and drop-in sessions for age groups 4 to 104 with exclusive use of the room, and or the next door middle party room which can also be separately let or hired for multiple other uses, something that could be further explored, for added scope and growth.
Although an already profitable and well run business, there is still further room for growth and much scope. The most recent accounting information points to a fairly consistent annual turnover between £60,000 to £70,000 pa, most recently £72,664 for the year ended 2018. Gross Profit £61,985 with an adjusted net profit of circa £25,000. The business is currently run by a Manager, and would be ideal for a more hands on operator, husband wife team or partnership. There is also further growth and scope to explore via the trade kitchen, which is currently only used to a basic level.
Full accounting information and or more detailed synopsis will be available to seriously interested parties following an internal viewing inspection and meeting with our vendor client.
Please note that this is an ALL INCLUSIVE sale. The majority of the fixtures and fittings are in good order, well maintained, as is the premises. The equipment in situ is not terribly old from a depreciated value perspective.
Richard Payne viewed and valued this property/ business and will be pleased to discuss the opportunity in more detail and arrange a viewing inspection for you. (m) 07864 054440
Premises | 2572 SQFT
EPC Rated | D
- Close to Local Amenities
- New Lease
- Established Business
- Attractive Business
- Accounts Available
- Free of Tie Leasehold
- Fully Fitted