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Gaming Party Venue

Seaton Burn £25,000 Leasehold (fees apply) REF: NE1773

Location

The business is located within Blezard Business Park which is on the northern outskirts of Seaton Burn close to the junction of the A1 with the A19.

This is a well-established business location with a wide range of occupiers.  Road access is excellent and this type of user will benefit from the growing local population as there are a number of new housing developments in and around Seaton Burn.

Business

This is a business which was established by our client in 2018 but due to the expansion of their other commercial interests, the decision has been made to place this particular opportunity on the market.

Offering a safe environment for online gaming, the premises are laid out to provide different interactive themed ‘areas’ including a bespoke 15 person multiplayer studio, a PC Fortnite gaming area, including VR, and an area with Xbox, PlayStation and Nintendo systems.  There is a small kitchen area on the ground floor so that visitors can make teas and coffees and there are also separate ladies and gents toilet facilities.

The business is operated on an appointment only basis and children’s parties were advertised at £15 per head for a 2 hour slot with a maximum recommended capacity of 30 persons.

Food can be independently ordered by the party organisers and delivered to the site but there are no prep kitchen facilities as such.   Whilst the majority of the bookings were made at weekends, our clients planned to introduce an after-school club option and to open over the school holidays. 

We see the business as a turnkey operation for either a family, couple or a partnership to develop, or for an existing operator to add to an existing portfolio.

Premises

Ground Floor   total of 50 sq.m. (540 sq.ft.).

First Floor        total of 55 sq.m. (600 sq.ft.).

External           6x car parking spaces.

Staff

The business will be sold free of staff.

Fixtures & Fittings

An inventory would be made available prior to an exchange of contracts.

Rates

The premises are assessed as follows:

Rateable Value £7,900

Rates free incentives available subject to status.

Tenure

The premises will be available on a new FRI lease at terms to be agreed. The asking rent is £200 per week (£10,400 per annum) with full terms to be agreed. Any interested parties should seek legal confirmation of this.

EPC

Rating C.

Money Laundering Regulations

In accordance with the current Anti-Money Laundering Regulations the Purchaser/Tenant will be required to provide two forms of identification and proof of the source of income.

 

 

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