Gyms for sale in Herefordshire

View the "EXCELLENT LEASEHOLD UNISEX GYMNASIUM" below and request further details. Alternatively, please view the similar businesses in the 'You May Also Like' box below.

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Ian McGregor (Nov 2013)
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Leasehold Price: £95,000 Price Reduced
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Business Description
Advised turnover £66,000 PA with good gross profit returns
Exceptionally well presented and appointed throughout
All equipment and fixtures included in the sale price
Early interest and viewing is highly recommended
Very well equipped business with superb facilities
Situated in the desirable town of Ledbury
Ideal lifestyle change opportunity
Genuine reason for sale
Reduced for quick sale

Business History
Meridian Business Sales are delighted to offer for sale this very successful unisex gymnasium which was first established in 2001. Since 2007 the business has been owned by our clients and they are only now placing it onto the market due to their growing commitments with other businesses. The business which is run and managed by our clients achieves a very respectable advised turnover of £66,000 per annum. This is derived from the membership of customers who use the gyms facilities. Customers sign 3, 6, or 12 month contracts which are mostly paid by standing order or direct debit. The gym sees a healthy amount of new customers due to its location in a densely populated area and from good word of mouth recommendations. The gym is exceptionally well presented and very well equipped with quality resistance, cardio and free weight training facilities offering a one stop shop exercise solution catering for all needs. The business has its own workout studio hosting a wide variety of classes throughout the year. The property is exceptionally well decorated throughout meaning that a new owner does not need to modernise. Our clients are very generously including all fixtures and equipment into the sale price which is a big plus for a new owner as additional funds will not need to be spent for the foreseeable future. This is a very well presented business situated in a highly desirable UK market town coupled with a solid reputation and consistent trading history. We feel that this opportunity offers a new owner an excellent base to build upon and we urge early viewing of this superb business.
Tenure: Leasehold

Accommodation Details:

Very well presented gym offering reception/welcoming area with lounging space, 1 tanning booth room, large open plan gym with first floor mezzanine, workout studio, ladies and gents changing rooms with toilets and showers all exceptionally well presented and equipped throughout. GROUND FLOOR Secure front entrance leading to welcoming/reception area with fitted serving/welcoming desk with computer system, work space, and paperwork storage plus behind desk product displays, 2 large drinks chillers and advertising/notice board. Raised top area - Seating/lounging space, glass tanning product display cabinet, storage cupboard with alarm system and fitted safe plus tanning room with standing tanning booth and changing space. Gymnasium Large open plan gym with first floor mezzanine Front office with gym view window and fitted worktop. Kitchenette with fitted cupboards, worktops, draws and wash basin. Employee locker area. First floor gym area

Location Details:

This unisex gymnasium is located in the highly desirable town of Ledbury which is part of Herefordshire. The property is ideally situated just off the town’s High Street with two large neighbouring car parks. There is an excellent selection of neighbouring shops and retail outlets which draw shoppers and visitors to the town centre throughout the year. There is also a good amount of upmarket domestic housing in and surrounding the town centre which provides the gym with consistent local trade. Ledbury in the east of Herefordshire is one of England's text book old market towns, full of timber-framed buildings and character. Winner of Britain in Bloom competitions, the town is proud of its effort in welcoming visitors to the area. The town is a hugely popular and affluent due to surrounding open countryside, exceptional housing, good quality schools, hospitals and many historic attractions.

Leasehold Term:

Leasehold Original length: 8 years Remaining: 4½ years Rent: £1,200pcm

Listed by: Meridian Business Sales Limited
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