FOR SALE
650242
SoftPlayThePoint / Rightbiz
Location
Glasgow is the most populous city in Scotland, located on the banks of the River Clyde in west central Scotland. The property is located within The Point which is a popular and established business location. The Point sits around 1 mile north of Glasgow City Centre within the Port Dundas area of Glasgow at the central meeting point where Possil Road, Craighall Road, Keppochill Road, and Saracen Street converge in a four-way intersection. Nearby occupiers include Toolstation, Screwfix, Glasgow Angling Centre and Euro Car Parts.
Description
The subjects comprise a mid terraced rectangular shaped industrial unit of steel portal frame construction within an established trade, retail and leisure park.
Access to the property is gained via twin glazed pedestrian doors. Internally, there is a waiting area, reception, admin offices and kitchen to the front. The soft play and activity space benefits from a private function area and cafe with tables and chairs surrounding it. The commercial kitchen which, as expected, is fitted out to a professional standard with extract ventilation and a range of stainless steel sink units, utility basins and fitments. Customer welfare facilities are provided. On-site car parking is available which is shared in common with the adjoining occupiers.
The Business
Jurassic Jungle is a custom built toddler and childrens soft play and events business which enjoys regular all year round trade from customers. The business was established in 2008. The unique offering is reflective of the success of the business and, in turn, benefits from high levels of repeat custom from locals.
The business is currently generating c. £8,000 per week in sales and trades from 9:30am to 7pm 7 days a week. There are 5 full time staff members employed and 5 part time. The operators have decided to sell the business due to a change in circumstance, thus creating an extremely desirable opportunity to acquire a thriving, profitable business with a highly experienced team on a truly turnkey leasehold basis.
Tenure
The lease is available by way of assignation, for the residual term of the lease, which expires in January 2028. The current rent is £53,760 per annum. There may be the option to extend the lease with Landlord approval.
Premium
Offers over £145,000 are sought for our client’s leasehold interest including the goodwill of the business, fixtures and fittings. Proof of sales will be made available to seriously interested parties post viewing stage.
Service Charge
Service charge for the common maintenance and management of the estate will apply.
Rateable Value
According to the Scottish Assessors Association, the subjects have a Rateable Value of £42,740.
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Do not share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large amount of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.
Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.
The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.
Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.
Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.
Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.
Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.
Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.
Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.
Be safe, use a Rightbiz Solicitor
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