Well Established Popular Gym In North West London For Sale

Business description

The current owner established this Health and Fitness Club in October 2003 and in that time the gym has built a good and loyal customer base of which there are 300 full regular members. The membership is offered on annual, bi-annual, quarterly, monthly or daily basis and the rates charged are very attractive. The Gym presents a friendly, vibrant and inviting atmosphere and is managed by the owner and two part time staff.

Property information

Property:

Leasehold

Lease terms:

We understand the premises are held on a secure renewable 20 years lease.

Leasehold rent:

£12,000 per annum

Location:

This well established gymnasium is located on a busy shopping street in a densely populated area. The business is surrounded by many retail outlets and offices.
There are car parking facilities nearby and the area is very well served by public transport and bus routes and an underground station is 5 minutes walking distance away.

Premises details:

This Health and fitness Club operates in a double fronted premise and measures 1,350 sq ft. The gym is fully equipped with various keep fit machines etc and a list of fixtures and fittings will be provided at the appropriate time. W.C facility are available in the basement.

Business Operation

Expansion potential:

Through greater advertising and increased opening hours this business has the potential to increase its membership, resulting in larger revenues.

Trading hours:

Monday to Friday - 7.30am to 9.00 pm
Saturday and Sunday - 11.30am to 4.00pm

Employees:

The business is staffed by the owner who owrks full time and is assisted by 2 part time staff.

Years established:

2003