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Commercial Gym Warehouse (Crossfit studio) for sale Glasgow East

City of Glasgow, Glasgow
Leasehold Price:
£25,000
Status
FOR SALE
Advert ID
245686

Commercial Gym Warehouse (Crossfit studio) for sale - Glasgow East.
 

Fully equipped Crossfit fitness centre, current membership and PT rent income, renovation and equipment costs £85,0000-100,000.

Asking offers in region of £25,000 ovno.

We present for sale this well-equipped commercial warehouse gym conveniently located in the East End of Glasgow between the Forge Retail Park and Forge Shopping Centre. It’s industrial estate location affords ample parking for both staff and members.

 

The gym is currently set up for cross training in line with current popular fitness trends, although it could be easily adapted for alternative formats.

 

The gym has a spacious open plan style with two key areas, the main area includes a number of rigs, squat zones, a dumbbell bell area, sled area, climbing wall, boxing zones as well as a general training space. The rear area contains monkey bars, a range of plate loaded weight machines, grip stations, a cable cross over section, and further sled area. The gym benefits from a range of quality equipment including multiple punch bags, dumbbells, kettle bells, power bags, Olympic bars, free weights and more.

 

The facility also boasts a fenced outdoor training area, which is currently fitted out with monkey bars, tyres and a battle rope. This unique selling point, is currently underdeveloped providing an opportunity for the new owner to really make their mark on the facility.

 

The building, an industrial unit with a high apex roof, is currently let on a very low rent from an established landlord on an oft preferred internal repairing lease. The landlord is willing to extend the lease on this basis to any prospective purchasers. The building also qualifies for the small business rates exemption (assuming the prospective buyer qualifies). The current tenants have invested heavily in the unit installing a ducted heating system, new lighting, a state of the art door access system, an intercom system, and more besides. Investment can also be seen in the gym flooring, mirrors, music system etc.

 

The gym has been in operation for around a year, and consequently has a small membership base and rental income from a select group of PT’s. However, due to a change in circumstances, the owners have been unable to staff the facility themselves, or devote time to marketing and member activities. As such the business is believed to be under trading with significant potential for improvement in revenue.

 

This is a rare turnkey opportunity for some with a passion for fitness to really make their mark in the industry.

 

The owners are seeking offers in the region of £25,000.00 for their interest in the lease, the current membership base, assets and equipment. Enquires should be directed in the first instance to Kevin on (available on request).


Contact me for more information.

 

Listing Details
Leasehold Price: £25,000
Tenure: Leasehold
Location: City of Glasgow, Glasgow
Sector: Health & Fitness, Gyms
Financials
Annual Turnover: Available upon request
Annual Net Profit: Available upon request
Key Features
  • New Lease
  • Established Business
  • Company for Sale
  • With Car Park
  • Close to Local Amenities
  • Attractive Business
  • Fully Fitted
  • Offers Invited
  • Prime Location
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