Asking price: £25,000

Sales revenue: Undisclosed

Net profit: Undisclosed

Fixtures value: Undisclosed

Stock value: Undisclosed

Business description
Walton, Liverpool

Well Presented Premises

Established Circa 1983

Inspection Recommended

Aerobics Studio

Cardio Vascular And Resistance Suite

Leasehold

Business History:
The vendor advises that the business was originally established in 1983. She purchased the business in 2006 but now wishes to concentrate her energies on her Manchester studio.

Business Profile:
The business comprises a fitness suite designed for women which includes a thirty minute complete workout, adjustable hydraulic equipment, cardio vascular suite, an aerobics studio, resistance suite and a steam room. The business has it's own website where more information may be obtained ---.--------------------.---

Entrance:
Ground floor entrance and hallway with carpet. Diffused fluorescent lighting and large recessed spot lights together with up lighters. Radiator, couch and tables plus fitted display cabinets and cupboards. Carpeted staircase to first floor.

Mezzanine Office:
Carpet, fluorescent lighting and radiator.

Landing Seating Area:
Carpet and a radiator.

Main Gym:
Carpet, modern diffused fluorescent lighting, air conditioning, double entrance doors, reception area, arm chairs and lockers. Open plan to:
Kitchen Area:
Carpet, modern diffused fluorescent lighting. Modern base units and worktops with wall cupboards, stainless steel sink and drainer.

Resistance Suite:
Carpet, air conditioning and wall mirrors.

Aerobic / Dance Studio:
Laminate flooring, air conditioning unit, mirrors with over lights, computerised cyber coach and hi-fi speakers.

Changing Rooms:
Anti slip type flooring and lockers. This also includes a changing cubicle with vanity table and mirror, two shower cubicles, a steam room and a plant room.

Toilet:
Anti slip type flooring, two modern wash basins in a vanity unit plus two enclosed W.C's.

Beauty Room:
Carpet, modern panelled ceiling with diffused fluorescent lighting and wash basin in a vanity unit.

Fitness Room:
Laminate flooring, radiator, Extractor fan.

Mezzanine Storage Rooms:
Fluorescent lighting.

Staffing:
One part time owner (owner works between the Liverpool and her Manchester operations). Two full time staff.

Fixtures And Fittings:
A schedule of fixtures and fittings will be made available for prospective buyers.

Trading hours: Opening Hours: 9:00am - 9:00pm Monday to Thursday., 9:00am - 7:00pm Friday., 10:00 am - 1:00pm Saturday and Sunday.

Property: Leasehold

Lease terms
Financial Profile: The vendor will be pleased to discuss all the financial aspects of the business with prospective buyers. Tenure: Leasehold. Ten year lease from June 2007. Rent £10,000pa and £12,000pa with effect from 2011. Rent review after a further five years. Break clauses at two years and five years. Jolley & Co. have not examined any lease documentation and a buyer must arrange for their solicitor to verify that this information is correct. Uniform Business Rates: Rateable Value: £6,300. Rates Payable 2009/10: £3,055. Small Business Rate Relief may be claimable upon application. Price: £25,000 for the goodwill, fixtures and fittings plus SAV.

Location
Location:
The premises are located in a densely populated area of Liverpool and on County Road which is a very busy suburban shopping area of the city. There are large numbers of retail outlets nearby.