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Fantastic Business Opportunity And Seaside Location For Sale

Barry, South Glamorgan
Asking Price:
£99,995
Sales Revenue:
£80,233
Cash Flow:
Available on request

Business
Hilton Smythe welcomes to the market this very well set up and run, children’s play centre offering a fantastic business opportunity and location on the seafront, which the owners have been running for around 5 years.

It is a very large unit covering 358 sqm, so offering lots of flexibility for new ideas, in an ever-changing environment. The premises are of good quality and offers play zones for all ages and abilities, including a dedicated under 2’s areas.

During the week, they offer a busy timetable of activities that will help the little ones to explore the world around them and help Mums and Dads to make friends with other parents too! Themed parties are also a major attraction offering things such as Barbie, Dora The Explorer, Mickey Mouse, Power Rangers and so much more, for up to 60 guests.

They carry out as many as 150 parties a year and have a café bar which offers a selection of hot and cold snacks including:
• Chicken nuggets
• Fish fingers
• Hot dog or pizza with chips
• Children's lunch trays
• Jacket potatoes
• Pastas
• A selection of salads
• Filled baguettes and toasted sandwiches.

They also offer an after-school meal deal served from 3pm.

The Business have a website, which can be found at http://---.--------------------.---/ and are also on social media to include Facebook.

You will find the business has a 5-star rating on Trip Advisor, which proves the quality on offer.

This business has great potential for the future and with more advertising, longer hours including evening parties and new ideas and equipment, the business could very much be taken to the next level.

There is also significant residential development taking place within the nearby area, which will help with the business moving forward.

An internal inspection is very highly recommended to appreciate the potential, sea side location and superb premises on offer.

Location
Adventure Island offers a superb location in the very popular seaside town of Barry Island, with views over the beach and sea.

Barry is a town in the Vale of Glamorgan, Wales, on the north coast of the Bristol Channel approximately 9 miles south-southwest of Cardiff.

Barry is a seaside resort, with attractions including several beaches and the resurrected Barry Island Pleasure Park. According to the 2011 census, the population of Barry was 51,502, making it the fifth largest town in Wales.

Easy access can be gained to all surrounding areas via the M4 motorway, Swansea to the West and Cardiff, Newport and Bristol to the East.

The business itself has been run by the current owners for 5 years and is very well established in the area.

The owners are now looking towards a well-earned retirement.

Premises
The premises are set within a very spacious building facing the sea front at Barry Island and covers approx. 358 sqm.

There is a good-sized reception area with serving counter, the main play area, boys and girls WC’s, a good-sized office and large storage room. Stairs lead to the upper floor, where you have a very spacious party room and large fitted kitchen.

The property offers ambient heating, an alarm system and CCTV.

You have an extensive range of play and general equipment included as follows:
• 3 x tier play frame, large bouncy castle
• Beach house, tables and chairs for 70/80 guests
• An abundance of extra play equipment (currently not being used)
• Turbo chef
• 3 x microwaves
• 2 x large chest size freezers
• 3 x other freezers
• 3 fridges
• Dishwasher
• Fridge/freezer
• Drinks fridge
• Ice cream fridge
• Oven and grill
• Heated trolley
• Large selection of table wear, cutlery, kitchen utensils and cookware.

Viewing is a real must to appreciate this well priced opportunity, with great potential moving forward.

Tenure
We are advised that the business is being sold as a Leasehold opportunity on a 9-year lease, with 4 years remaining.

We have also been informed that the landlords are happy to offer a new lease. The rent payable is £9,600 per annum.

Hours
Monday 9:30 a.m. to 5:30 p.m.
Tuesday 9:30 a.m. to 5:30 p.m.
Wednesday 9:30 a.m. to 5:30 p.m.
Thursday 9:30 a.m. to 5:30 p.m.
Friday 9:30 a.m. to 5:30 p.m.

Saturday 10:00 a.m. to 5:00 p.m.
Sunday 10:00 a.m. to 5:00p.m.

Staff
The business is currently run by the owners, 1 other full-time member of staff and 4 part time staff.

Financial Profile
The accounting information shows a turnover of £80,233 for the year ending 30th June 2017 with a gross profit of £66,400.

The turnover could easily be increased; however, the owners are trying to slow down as they want to retire.

The current rateable value is £22,000, with rates payable of approximately £3,600 per annum.

Property information

Property:

Leasehold

Contact Information

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