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£80,000

Retail premises for sale
City Of London, England, United Kingdom SW14

    Business
    Added on 13/07/2024

    About this property

      Business
      Please quote reference B08138

      Cogogo are delighted to welcome to the market Crafts & Play, nestled in the vibrant community of East Sheen, London. This flourishing soft play area and craft & painting business was designed to ignite creativity and foster social interaction among children.

      Established in 2022, in the aftermath of the covid-19 pandemic, this family-run business emerged with a heartfelt mission: To provide children with an enriching environment that promoted learning, creativity, and socialisation beyond the confines of home.

      Crafts & Play is dedicated to offering each child the best start in life, blending fun, learning, and creativity into a delightful experience for the entire family.

      Facilities & Offerings:


      • Soft Play Area
      • Crafts & Painting
      • Party Bundles
      • Cafe

      Opportunities For Growth:


      • Extending Operating Hours - By expanded the hours of operation, they can accommodate more visitors, particularly evenings and weekends.
      • Workshops & Classes - Introducing regular workshops and classes for different age groups can attract a wider audience and encourage repeat visits.
      • Membership Programs - Developing membership plans with exclusive benefits such as discounts, priority booking for parties, and special event invitations can foster customer loyalty.
      • Collaborations with School & Nurseries - Partnering with local educational institutions for field trips and educational session can boost weekday attendance.
      • Online Craft Kits - Expanding their product line to include online sales of craft kits and instructional videos can potentially reach a broader audience and generate additional revenue.
      • Seasonal Events - Hosting themed events and holiday specials can draw in crowds and enhance their reputation as a community hub.

      Crafts & Play is more than just a business; it's a community cornerstone that enriches the lives of children and families. With its prime location, unique offerings, and a passionate family team at its helm, the business is poised for continued success and growth.

      Location
      Situated in a prime location in East Sheen, Crafts & Play benefits from high foot traffic, drawing in families from the local community and beyond. The area is well-connected, making it easily accessible and a favourite destination for family outings.

      Premises
      Crafts and Play, occupying a single-fronted premises, features a vibrant soft play are, convenient toilets, a cafe with a seating area, and a dedicated crafts and painting section, while the rear boasts a sheltered outdoor play space; the facility is well-equipped with a soft play frame and equipment, tables, chairs, a coffee machine, a variety of toys, and a comprehensive website for easy access.

      Tenure
      This opportunity is being sold on a Leasehold basis wiith 3 years remaining on a 5 year lease.

      The current rent is £22,000 per annum.

      We are advised this is a renewable lease agreement.

      Hours
      The current trading hours are:

      Monday to Saturday - 9:00am to 5:00pm

      Sunday - 9:00am to 3:00pm

      Staff
      This business is run and managed by our client.

      Financial Profile
      This business generated a turnover of £107,000 in 2023. Full financials can be made available upon further request.

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      Monthly repayment

      £400 per month

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