Leasehold Health and Fitness Club For Sale

Business description

Bag A Business is delighted to offer for sale this thriving fitness club. During our client's ownership, the gym has undergone several changes, costing approximately £15,000, including a total refurbishment of the reception and gym, new carpets throughout, new suspended ceiling and lighting and re-wiring, bringing it to the high standard that it enjoys today. The business offers a studio with modern gym equipment, sauna and changing rooms. Additional facilities include sunbeds, a massage treatment room and cafe. Membership has increased dramatically recently, as customers become more aware of the high quality of equipment available. Membership is approximately 400, and includes potential for further expansion. This is a rare opportunity to acquire an up-to-the-minute health and fitness club, whose membership is expanding rapidly, offering new owners potential to increase the already excellent trade. Turnover can be applied for on request. The equipment is valued at £105,000 (NBV) and we highly recommend an early viewing of this excellent business.

Property information

Property:

Leasehold

Lease terms:

Original lease: 19 years
Remaining: 15 years
Review every: 5 years
Rent: £19,500 per annum

Living accommodation:

PROPERTY DETAILS An ideally located health and fitness club with 4000sq.ft of space. The property briefly comprises: Reception area with reception desk, Lounge area, cafe, tables and chairs and consultation room Main gym area, housing Cardio Centre stack weights machines and free weight area. Ladies' changing room, two WCs and wash basin, four showers, sauna. Gents' changing room, three WCs and wash basin, four showers, sauna. Treatment room with therapy table and hypnotherapy chair EQUIPMENT Equipment included in the sale price is valued at over £105,000 of which some equipment carries extended warrantees. A full inventory of equipment is available to seriously interested parties

Location:

This popular health & fitness club is located in a delightful Wiltshire town. The premises are situated within the town centre, which links the town's main car park and busy high street that houses a major supermarket, retail shopping estate and library plus many other complementary businesses. The town has a population of just over 20,000 and is located in an affluent and sought-after area and is an ideal commuter town for Trowbridge and Bath.

Other information

Trading hours:

Open seven days a week