Established Health & Fitness Centre Dewsbury

Dewsbury, West Yorkshire

Status

FOR SALE

Date Submitted:

31/07/21

Advert ID

280418

Reference

7520 / Rightbiz
Leasehold: £140,000
    Industrial Trading Position

    Accounts Available After Viewing

    Established 2002

    Fully Equipped

    High Value Equipment

    New Prep Kitchen Included

    Owner Operator / No Staff

    CCTV Throughout

    Large Gym Area + Mezzanine Floor

    Scope To Extend Opening Hours

    Potential To Sublet Spare Rooms

    EPC – TBC

Description:
REF 7520 – Leasehold Health & Fitness Centre
Blacks Business Brokers are pleased to bring to the market this leasehold health and fitness centre located in Ravensthorpe, Dewsbury.

INTRODUCTION
Fitness Connection was established by our client in this busy area of Ravensthorpe in 2002. The business has a wide range of equipment including weights, exercise mats and cardio equipment and the staff are able to offer advice and guidance as required by gym users. It has become very well known in this area and has a strong base of regular customers in place. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google and Facebook. Our client also established a Chicken Bar within the gym which never got the chance to reach full potential due to lockdowns, leaving huge scope for a new owner.

LOCATION
Fitness Connection occupies an industrial trading position within a residential area of Ravensthorpe town centre. The area is highly sought after with a number of local amenities nearby including schools, a Post Office, shops and large multiples. The area is well linked by the M62 and A644 with very strong public transport links and parking is available immediately outside.

REASON FOR SALE
The business is ideally suited to a hands-on owner-operator but due to our client’s other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.

LEASE
The building is available on a Full Repair and Insure lease (FRI lease). This is the most common form of commercial lease. The current lease is a ten year lease which began in 2012 at a cost of £272 per week.

STAFF
The business operates with our client only in employment.

FINANCIAL DETAILS
Fitness Connection has traded solidly since opening and our client has established a strong repeat customer base. The business has also recently introduced a prep kitchen which will bring in additional turnover.

BUSINESS RATES
Purchasers should enquire with relevant local authorities to confirm the rates payable.

SUMMARY
This long established business occupies an enviable trading position in a highly sought after and busy area of Ravensthorpe. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new services and longer opening hours, possibly additional staff to offer fitness classes and personal training. A new owner could also utilise the space within this sizeable building by sub letting some areas to complementary businesses. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised.

Accomodation:
BUILDING LAYOUT AND DESIGN
Fitness Connection operates from a spacious industrial unit in a busy area of town. The business has large branding and signage on display above the main entrance. Inside, the gym is over 6,000 square feet in size with large mezzanine floor above. The gym is filled with a wide range of equipment including bikes, cross trainers, rowing machines and much more. There is also a welcoming reception area with supplement sales, changing rooms, sunbed room and a fried chicken outlet. All areas are well equipped and presented nicely. There is scope to convert part of the first floor space into a three bedroomed owners accommodation. To the rear of the gym there are a number of private storage rooms which could be sublet to other complementary businesses such as barbers, health food shops and so on.



Fixtures & Fittings:
60 Pieces Of Gym Equipment Included In Sale

Opening Hours:
MON - SUN: 10:00 - 18:30


Weekly Rent:
£272 Per Week. Weekly Rent:
£272 Per Week.
Contact Agent
Advert Reference:
7520 / Rightbiz
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