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Well Established Children's Soft Play Business

Lutterworth, Leicestershire
Leasehold Price:
£130,000
Status
FOR SALE
Advert ID
247637
Reference
B05470 / Rightbiz
Business
Hilton Smythe welcomes to the market Manic Minors in Lutterworth Leicestershire. This well-established business has been owned and run by the current vendor for over 3 Years in which time it has built up an enviable reputation for customer care and service and which now due to health reasons this very rare and exciting opportunity has now become available.

The current business model has huge growth potential with the ability to generate additional income streams from the site which incorporates a large children’s soft play area and café on the ground floor with a previously Ofsted registered nursery to the first floor.

The nursery which was operational for 3 months and had 20 children registered has the capacity to accommodate 40 and therefore represents an excellent opportunity for the new owner to re-introduce this service to the local area which is currently undergoing major residential growth and development.

The café has the benefit of 100 covers and currently has a 5* hygiene rating and serves food throughout the day also offering a local delivery service to the surrounding area which could easily be expanded and developed further.

The soft play area comprises of a main frame area with 3 slides, ball pits over 3 tiers and under 5 gated area with mini play frame and toys. A bouncy castle, two party rooms one themed to Willy Wonka, A sensory room with lighting and music effects which have been used to great effect.

The business therefore has a wide appeal being a multi income stream opportunity in a very sought after location and would be attractive to either an established operator looking for an additional site or an individual or partnership looking for an exciting business opportunity with huge potential including the reintroducing of a nursery service (with the area also available for private hire) and expansion of the food and catering service all under one roof.

The site is well equipped with parking for 35 cars within the secure boundary and is in an ideal and easily accessible location for a business type of this nature. The business is being offered to the market with all the equipment required for it to operate in its current format and is available for very affordable in-going and running costs.



Location
Situated along Gilmorton Road in the centre of the sought-after market town of Lutterworth in Leicestershire.

The site is easily accessible on foot and by all modes of transport just a 3 Minute drive off the M1 J20 with excellent access to all the surrounding towns and villages by the local road network links.



Premises
Detached commercial property within a secure yard with 35 car parking spaces. Soft Play centre including the main frame, slides, bouncy castle & toys, main service counter with secure key pad entry, café area including all seating, tables and chairs, fully fitted kitchen with oven, hob, stainless extractor over, all food preparation units and storage facilities, fridges and freezers.

On-site WC facilities, to the first floor a fully fitted nursery which can function as a separate self-contained unit comprising 4 x rooms plus separate WC & wash facilities, additional storage and office space. A full inventory list can be made available to seriously interested parties.



Tenure
We are advised the business is being sold as a Leasehold opportunity with the current rent passing at £25,000 + vat per annum with 12 months remaining on the renewable 6 Year lease.



Hours
The opening hours are currently 9.30am to 6,00pm Monday to Saturday and 9.30 to 4.00pm on Sunday.



Staff
The business is run and managed by the current vendor plus 2 x fill time and 3 x part time staff for weekends and holidays.



Financial Profile
We are advised the business is turning over in the region of £151,000 per annum trading to suit the vendors personal circumstances. The gross profit is in the region of £92,000.

The business rates are currently £10,000 per annum (under review).



Listing Details
Leasehold Price: £130,000
Tenure: Leasehold
Location: Lutterworth, Leicestershire
Sector: Play Centre
Financials
Annual Turnover: £151,000
Contact Agent
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Advert Reference: B05470 / Rightbiz
What's nearby
Within 1 milei:
T R S (Storage)
Lutterworth Ink (Store)
Lavender Bloom Interiors (General Contractor)
TJ's (Restaurant)
Lutterworth Town Estates Charity (Point Of Interest)
Kalista Hair and Beauty (Beauty Salon)
Howkins & Harrison Lutterworth (Real Estate Agency)
Kare Plus Rugby (Health)
The Shambles (Bar)
The Lutterworth Footcare & Podiatry Centre (Doctor)
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