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Laser Tag Activity Centre

Team Valley Trading Estate Offers over £600,000 Freehold (fees apply) REF: NE1449

Location

The business is located on Third Avenue, just off Kingsway at the northern end of the Team Valley Trading Estate.  Battlezone Laser is quick and easy to access by car or public transport being only 2.5 miles from Gateshead Metro Station and Town Centre, 3 miles from the Metro Centre and 3 miles from Newcastle City Centre.  There is ample off street car parking available to the rear and side of the main building.

Business

This business was established from an empty industrial unit by our clients in 2014 but has now been reluctantly placed on the market as they are looking to concentrate on their other business commitments.

The property comprises the main ‘Battle Arena’ which consists of a purpose built urban combat zone with various battle environments.  These areas are populated with heavy-duty obstacles, abandoned vehicles and offices and a number of passageways (some over 2 floors) all combining to provide a realistic and unique battle ‘shoot-out’ environment.

In addition to the main play arena the business benefits from an on-site ‘Canteen’ serving handmade pizzas, various gourmet burgers and a varied selection of snacks and hot & cold drinks.  There is a comfortable bar and a surveillance area, where you can watch all the battle action unfold live on large-screen TV’s, and two briefing rooms plus separate toilets including disabled and baby change facilities.

This business is an extremely popular venue and appeals to a broad age range and to different sectors of the market.  Whilst children’s parties are naturally a mainstay of the business, there are also regular Corporate and team bonding events which could be promoted further by new operators.

Property

Comprise a self-contained modern industrial unit – Total Area circa 17,475 sq.ft. (1,623.4 sq.m.) incorporating:

  • Reception
  • Combat Arena & Briefing Rooms
  • The Canteen
  • Kitchen
  • Toilets
  • Parking
  • Rear Yard

Staff

Currently operated entirely under management with the help of 1 full time and 10 part time members of staff.

Fixtures & Fittings

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

Rates

The premises are assessed as follows:

Rateable Value  -  £51,500

Tenure

Freehold offers in excess of £600,000 are being sought for the Freehold Interest of the Property, Goodwill of the Business, Fixtures & Fittings. 

A leasehold option may be available, further details available on application.

EPC

Rating E.

Money Laundering Regulations

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

 

 

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