Thriving Indoor Karting Centre In Hullavington Wiltshire For Sale

Business description

Preferred Commercial is delighted to offer for sale this thriving indoor karting centre, which was established by our client in 1996 and which is only now offered to the market due to our client's other business interests. The business trades 7 days a week and generates a turnover in the region of £600,000 per annum with a gross profit of 33%. M4 Karting provides organised racing events to corporate and private groups in a safe indoor environment. We feel the turnover could be further increased by embarking on a modest marketing campaign to promote the business further. The business has a website in place advertising the services provided, which we feel would benefit from online booking facilities. The catering side of the business is currently sub-let at a rate of £100 per week. The premises are well-equipped to suit the trade and boast a 500 metre racing track equipped with 'Rotabarrier' impact barriers and 'Super Sport' digital timing system. There are 19 adult karts and 16 children's karts included in the sale, along with the mechanical equipment to maintain and repair the karts. Our client has advised us that there is currently a bar area being built, which should increase the turnover. This is an ideal opportunity to acquire an already thriving karting centre with huge scope for future growth. Early negotiations with Preferred Commercial must come highly recommended.

Property information

Property:

Leasehold

Lease terms:

Original length: 10 years
Remaining: 5 years
Review: every 3 years
Rent: TBA

Location:

M4 Karting occupies a substantial converted former World War II aircraft hangar, set in large grounds in the affluent village of Hullavington, Wiltshire. The premises benefit from ample private parking and are surrounded by picturesque countryside. The business has an ideal trading position just off junction 17 of the M4 motorway and enjoys much passing trade. The village is just a short distance away and has a range of amenities. The business boasts easy access to the A-road network, including the A429 and the A350. Chippenham lies 6 miles to the south and Bristol lies approximately 25 miles to the west.

Premises details:

Substantial detached converted former World War II aircraft hangar with internal size of 5,000 sq feet. Briefly comprising:

Ground Floor
• 500 metre racing track with 'Rotabarrier' impact barriers and 'Super Sport' digital timing system
• Reception area with counter and display area
• 2 x offices with desks, filing cabinets and telephones
• Canteen and kitchen area with seating for up to 30
• Ladies and gents WCs with wash hand basins
• Workshop with associated equipment
• Safety briefing room with changing facilities

Mezzanine
• Viewing area with vending machines and electronic games machines
• Control booth

External
• Large parking area to the front and rear of the hangar

Other information

Trading hours:

Mon - Sun: 10:00am to 10:00pm