Property Title: Popular Childrens Play Gym in Heckmondwike

Property Type: Other

For Sale / Sold: Sold

Date Posted: 19 Oct 2018

Location: Heckmondwike, West Yorkshire

Guide Price: £9,000 (Leasehold)

Property Agency: Abacus Day Nursery Sales

Reference: 6316

Description

Popular Children's Play Gym in Heckmondwike

• Excellent Trading Location
• Fully Furbished 2016
• Accounts available year ending 5th April 2019
• Annual Turnover £54,806
• Gross Profit £23,764
• Catering to Under 6 Years
• Would Suit Owner Operator
• Only open school hours midweek and Saturday mornings
• Scope to Increase Trading Hours & Days
• 5* Food Hygiene Rating
• Includes Car Park For 16
• Seating Area for 32
• Only selling due to family commitments
• Price includes all fixtures and fittings
• Rent only £325pw
• EPC - D

Leasehold: £9,000

Blacks Business Brokers are pleased to bring to the market this leasehold children’s play gym located in a well-populated and much sought-after area of Heckmondwike, West Yorkshire.

INTRODUCTION
Timmy Tigers Play Gym was established by our client in 2016 after seeing a gap in the market for a pre-school soft play centre in this area. The business has established itself well within this bustling community and has a superb reputation with excellent online reviews and a five-star hygiene rating in place. The centre is exceptionally popular as it is fitted with high quality play equipment which is maintained to exacting standards. Timmy Tigers Play Gym offers messy play, sing and sign classes along with story telling and craft sessions which are very popular. It can also accommodate private parties and has a party room that can be rented out; as of November, this space is being rented for an hour on Tuesday and Friday afternoons for a baby massage class, which will increase takings.

LOCATION
Timmy Tigers Play Gym is positioned is just outside Heckmondwike town centre and the area is mainly commercial with many other local businesses and shops close by along with large multiples including Morrisons and McDonalds. Heckmondwike is well-linked by the M62 and A638 and there is a large, private car park opposite the property with space for around sixteen cars. Heckmondwike Primary School and Heckmondwike Grammar School are close by and Firth Park and Green Park are within walking distance.

REASON FOR SALE
The business is only being offered for sale due to a change in one of the partners personal circumstances. Therefore, the business is offered for sale and presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The building is available on a competitive rent on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial property lease. The current lease is seven years and began in 2018 at a cost of £461 per week.

BUILDING LAYOUT AND DESIGN
Timmy Tigers Play Gym operates from the ground floor of a large, double fronted and extensive town house property and was newly fitted in 2016 when established. Directly opposite and across the road the gym has its own car park, with designated spaces. There is a ramp to the front allowing pram and wheel-chair access. The business has large signage on display above a glazed frontage with appealing window designs. Inside, the entrance leads into the café area which offers seating for 32 – this has a small counter and servery offering hot and cold drinks and sandwiches along with a baby play area. To the side of the café is the main play gym area which is fitted with excellent, jungle themed play and climbing equipment including ball pool, tiger slide, assault course and much more – this area is for children under the age of six. There is also a separate party room which is an open play room in which tables and games can be set up. Toilet and changing facilities are positioned within the main play area. Every area within this business is finished to a very high standard with excellent quality fixtures and fittings in place that are very well-maintained and spotlessly clean.
The first floor of this property is not included in the business lease, it currently houses a restaurant which opens in the evenings.
STAFF
The business is currently operating with three members of staff in employment. Our client oversees the running of the business on a part-time business depending on other lifestyle demands.

FINANCIAL DETAILS
Timmy Tigers Playgym has traded solidly since opening and shows growth month on month. The accounts for the year ending

SUMMARY
This leasehold business opened in 2016 and is presented to a very high standard. Our client has established a strong customer base and excellent reputation. There is plenty of scope to develop the business further with the introduction of additional classes and clubs along with the potential of additional party room rentals. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Fixtures & Fittings
Tables & chairs
Ball pool
Tiger slide
Assault course
Various toys
Play house x 2
Sand pit

Financial Information
Annual Turnover: £54,806
Gross Profit: £23,764
Rent: £461 Per Week
Opening Times
Tues - Fri - 9am - 3.30pm
Sat - 9am - 12pm
Mon & Sun - Closed