Unique city Centre investment or property development opportunity. High quality city Centre Health & Leisure Club with Beauty Spa and hair Salon. Prime city centre trading location with 50 space carpark to the rear of the property. Fully refurbished period property with large modern extension to the rear. 15 metre swimming pool, multi-purpose gymnasium, weights room, circuit room, sauna, and steam room. 5/6 Apartment high quality owner’s apartment over 2 floors. Terrific potential to develop property and increase profits further

Stirling, Scotland

Scottish Business Centre is delighted to bring to the market the highly impressive Health & Leisure Club. First opened by the current owners back in December 1997, the business is one of the City of Stirling’s premier health clubs. Boasting an enviable central location within the heart of the city, the club offers easy access by foot, road & rail.

The bustling city of Stirling, which is one of Scotland’s fastest growing, a trend that is set to continue in the coming years, has a population more than 45,000. The city offers a wide array of attractions and facilities including a range of good quality pubs, restaurants, excellent schools, Stirling University plus good quality high street shopping such as The Thistles shopping centre with its 80 plus shops. The Thistles houses many of the UKs most popular high street names such as Boots, Costa Coffee, and Marks & Spencer to name just a few.

The wider Stirlingshire area is renowned for activities including golf, fishing, hill walking, cycling, shooting, pony-trekking, and all manner of adventure activities including white water rafting, kayaking, clay pigeon shooting, paintball, and abseiling. Just a short drive Northwest from the centre of Stirling is the wonderful Blair Drummond Safari and adventure Park.

Stirling remains a key transport hub for journeys by road and rail throughout Scotland.

The M9 motorway runs south to the city to Edinburgh and A9 north to Perth, Inverness, Aberdeen & Dundee. While Scotland’s largest city, Glasgow lies just over half an hour drive south along the M80 motorway.

Formally trading as a Gentleman’s Club back in the 1990’s, with its generous amount of land, prime central location and the overall size of the beautiful Georgian property, the property and land offered our clients the ideal opportunity of creating an upmarket health and leisure club that a growing number of gym members were looking for back in the late 1990s. While the property and grounds had suffered from underinvestment over many years, the vendors of the business knew the terrific potential that property and land offered. On taking over the property, our clients embarked on a large-scale redevelopment and the refurbishment of the main house.

By taking the property back to the bare walls and almost starting again, the vendors set out to create a high-quality health & leisure club with the added benefit of a tastefully presented modern hair salon offering a range of hair and beauty treatments.

Boasting a state-of-the-art multi- purpose gymnasium that offers a wide range of good quality cardiovascular equipment from treadmills, rowing machines, steppers, ellipticals to weight machines, the business caters to the needs of the modern gym goer. The quality of equipment continues to the spacious weights room with market leading free weights, squat rack, cable crossover machine and Smith Press Machine. The circuit room offers a range of lighter weights, spinning bikes, gym balls, ab benches and features wall bars.

Benefitting from the generous amount of land surrounding the property, the owners added the most impressive 15 metre indoor swimming pool & spa. Showing the same level of attention to detail, clear focus on quality and with member satisfaction a key factor, the vendors of the business have created a real haven for their members.

By adding the stunning swimming pool, steam room, sauna and high-quality ladies and gents changing rooms, the businessis now set up in such a way that the business is ripe for future growth.

Due to family commitments, it should be noted that our clients do not push the business and choose to operate at a level that suits their lifestyle. Very little, if any, marketing takes place and there is no push to increase membership. However, trading is steady, and the business produces healthy profits even after the challenges of Covid19.

Over recent times our client has continued to look at ways to improve and upgrade the property and business During the recent lockdowns due to the outbreak of Covid 19, our client took the opportunity to reinvest in the property by refurbishing various areas within the health club, investing in new equipment and made a sizable investment by installing two new, high quality commercial water tanks. All of which was self-funding via the business without the need for borrowing.

With a tailored marketing program and with a focus on the business’s online presence through the company’s website, social media platforms along with various online voucher promotions, the business has terrific room for growth. Coupled with promoting the health club along with the hair & beauty salon, which is ran by a highly trained group of professionals, the setup of the business offers a wide range of promotional routes which are currently not being utilised.

The property and business represent an exceptional opportunity for an investor to quiet easily increase income and in return help increase the overall asset value.

Another route for expansion for new owners to consider would be potentially adding 8-10 high quality letting bedrooms. Subject to planning, with the central location and the ever-growing demand for quality hotel rooms within the city, our clients feel that the future of the business may include a hotel. The benefit of the flexible layout of the property and with the size of the land, the addition of any new rooms crucially would not have a negative impact on the current car-parking.

The option of recreating a restaurant and bar on the premises, as was the case previously, by possibly looking at the layout of the rooms is also a further area to consideration for future owners. Realistically and subject to planning, the business could become a high scoring boutique hotel operation that offers a health club & spa.

As potential purchasers are sure to note on viewing, the term unique investment opportunity could not be truer when it comes to the sale of the business. With the overall quality & style of facility on offer, the flexibility of the property and with the further development potential that clearly exists, the business is now set up for exciting times ahead. With a city centre location that offers private member car parking for around 50 vehicles, opportunities such as this rarely become available for sale. Early viewing is highly recommended to avoid disappointment. The business and property are being offered for sale due to our clients wish to retire after 27 years of ownership.

THE PREMISES

Sitting on a prime elevated position overlooking one of the main arteries into the city centre, the property is a substantial detached Georgian villa with modern extension to the rear. Internally the original property is split between hairdresser/beauty rooms, part of the leisure club, reception areas and private apartment. The modern extension to the rear houses most of the leisure club and swimming pool. A large private member’s car park is housed to the rear of the property. A smaller car park is found to the front of the house. With the size of the land and location of the business, the sale is also expected to attract attention from residential property developers and investors. By offering such a sizable footprint and by being situated in a desirable central yet residential location, the sale is set to appeal to a range of investors. In addition, the business & site offers a genuine opportunity for those within the hotel and leisure trade to potentially create several letting bedrooms and opening a quality restaurant and bar operation in addition to the health club. As with any development, all plans are subject to the usual planning permissions being granted.

Private accommodation: The generous owners 5/6 apartment accommodation which is found on the upper two floors of the main house is of an excellent standard and is tastefully presented in a modern style. The sizable apartment would make for a pleasant family home that is in walk in condition.