For Sale

TEN-PIN BOWLING LANES, SNOOKER HALL AND CHILDREN’S PLAY CENTRE Multi-faceted and highly profitable Diverse yet complimenting income streams Excellent freehold premises Lots of untapped potential REF 588780. EPC Band B. Business and Property £1.4 Million North of England

£1,400,000

ID:

588780

Listed:  15/02/2024
Tenure:  Freehold
Matrix North of England, North of England, North of England, North of England LS27

Details

TEN-PIN BOWLING LANES, SNOOKER HALL AND CHILDREN’S PLAY CENTRE in the North of England for Sale.

A tri-faceted leisure and entertainment sector business with exceptional adjusted net profits of close to £200,000 per annum. Located in an affluent and rapidly expanding town in the north of England and operated from 12,000 square foot premises within a business enterprise park. Over 1,000 new homes are currently in build or in plan within a quarter of mile of the business. Of huge benefit to the operation of the business, utility costs were negotiated and fixed to 2025. Three stand-alone businesses being operated under one roof. Multi-faceted and diverse. The main business is a ten-pin bowling facility with eight lanes, a fully alcohol licensed cafe bar and catering kitchen. On the first floor there is a children’s Soft Play Centre, comprehensively equipped with ball pools, climbing frames and slides. The play centre has its own cafe and catering capability. Secure reception and entry. Further along the first floor corridor is a Snooker and Pool hall, well away from the noise of the bowling lanes and play zone. Full size snooker tables for hire by the hour, plus English and American size pool tables. Refreshments can be ordered by the patrons and brought up from the cafe bar below.

TRADING INFORMATION: The business has an annual sales turnover well in excess of £500,000 and produces tremendous adjusted net profits, expected to be in the region of £190,000 to November 2022. Detailed accounts will be made available to seriously interested parties who have viewed the premises and met the owner. There are facets of the business that could easily be developed with a little more focus and creative thought, but having owned and operated the business for over 12 years now, the owner wishes to concentrate and invest in other interests he has.
EPC Band B.

Location

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Sold by Ernest Wilson

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