Childrens Role Play Business For Sale PE9 4LT

Childrens Role Play Business For Sale PE9 4LT

For Sale £95,000


  • LOCATION

  • This Role Play Centre is located in the Village of Essendine on the A6121 between Stamford (6 miles South) and Bourne (8 Miles North).

  • There are good road and public transport links into surrounding towns and villages with the A1 at Great Casterton 5 Miles Southwest. Essendine is a large village with a population of around 500 together with industrial areas.
  • DESCRIPTION

  • Unit 5 is the corner unit and the largest on Meadow Park industrial estate, measuring 2,900 sq ft. With roller shutter door and separate customer entrance. There are 6 units in total on the estate, with parking for tenants and visitors to site. Other business users on site include a gym and personal training studio.

  • ACCOMMODATION

  • A dedicated role play centre featuring 11 areas specifically designed for young children; with a variety of play equipment, toys and costumes to support every child’s role play adventure. To ensure that everyone has a premium play experience the business runs 1.5 hour sessions and limits the number of children attending. Parties and group bookings from schools and nurseries are very popular. The unit benefits from a high quality fitted kitchen with w/c's and there is a cafe area for parents to enjoy food and drink while looking after and entertaining their children.

  • SERVICES

  • We are advised that all main services are connected to the property. These services have not been inspected or tested by the agent.

  • TERMS

  • Offered for sale via a lease assignment or new 5-year lease, the current passing rent is £24,000 per annum. The lease premium is £95k which includes the business, all the fixtures and fittings, all equipment and will include all staff to transfer. A deposit of 3 month rents is payable to the Landlord. Buildings insurance recharged to the tenant. The business also has a combined social media presence of 14,000 followers which will be transferred.
  • OUTGOINGS

  • The current rateable value is £9,600 per annum, interested partied should contact Rutland County council to establish any rate relief available for the business.

  • VAT

  • We are advised that VAT will be chargeable on the Rent and on any Service charges and Landlords Insurance contributions required. VAT will not be applicable to the premium.

  • LEGAL COSTS

  • Both Parties will be responsible for their own legal costs.

  • SERVICE CHARGE

  • There is a nominal service charge for maintenance and repair of the communal car park, fencing etc. this is circa £1,500 for the current year.

  • PARKING NOTES

  • Parking is available on site for visitors and staff, the unit will come with 2 dedicated parking spaces within the lease.

  • OTHER

  • Finance may be available through Independent Financial Brokers and P & F Commercial would be pleased to make an introduction for you. The Brokers are completely Independent and will offer confidential, unbiased advice regulated by the Financial Authorities. Please ask for further details.

  • VIEWING

  • Strictly by prior appointment via the sole agents P & F Commercial Tel: 01664 431330 or via email office@pandfcommercial.com


    Property Details

    • Reference: 10688
    • Type: Industrial, Health
    • Status: For Sale

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