Commercial Property for sale

Ledbury

£95,000

Property Description

Full description

Tenure: Leasehold

Ref: 2206 - EXCELLENT LEASEHOLD UNISEX GYMNASIUM
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
LEASEHOLD

Location
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. Ledbury has numerous, popular, neighbouring areas such as Hereford, Malvern, Ross on Wye and Gloucester to name a few. The location is very accessible via the M50 motorway which is situated just 4 miles away.


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.


Financial Profile
Turnover: 66,000pa
Stock approximately: 1,000


Tenure
Leasehold
Original length: 8 years
Remaining: 4 years
Rent: 1,200pcm


Opening Hours
Monday: 7:00am - 9:30pm
Tuesday: 7:00am - 9:30pm
Wednesday: 7:00am - 9:30pm
Thursday: 7:00am - 9:30pm
Friday: 7:00am - 8:00pm
Saturday: 9:00am - 3:00pm
Sunday: 9:00am - 3:00pm


Accommodation
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 comprises of: cardio area, perimeter mirrors, large entertainment tower with large TV plus surround sound system, 3 spin bikes, stretching machine, 3 exercise bikes, 3 cross trainers, 2 striders, 3 rowing machines and 3 running machines.

Stairs access to first floor mezzanine - Large mezzanine flooring area surrounding gym with wall mirrors and 10 weight resistance machines covering total body workout.

Free weights area with benches (1 smith, 1 Olympus), several free weight bench aids, free weight dumbbell rack and plates.

Studio - Ground floor open plan studio with perimeter mirrors and hard wearing flooring, 7 spin bikes, punch bag, hand roped and cable resistance straps, medicine balls and exercise balls.

Ladies changing rooms and toilets - Toilets, large wash basin feature, 2 showers, 8 lockers and changing space.

Male toilets - Toilet, urinal, 2 feature wash basins, 8 lockers, sauna, 2 showers and changing space.

EXTERNAL
2 large communal neighbouring car parks
Owner parking spaces


Nearest stations

  • Ledbury (0.6 mi)
  • Colwall (4.1 mi)
  • Great Malvern (6.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Street View

Nearest stations

  • Ledbury (0.6 mi)
  • Colwall (4.1 mi)
  • Great Malvern (6.7 mi)
Distances are straight line measurements from centre of postcode

To view this property or request more details, contact:

Meridian Business Sales Ltd, Bolton

First Floor Office Suite, Nelson Mill, Gaskell Street, Bolton, BL1 2QE

01204 521417 Local call rate

How much will it cost me to call the number displayed on the site?

Standard geographic charges from landlines and mobiles apply and calls may be included in your telecom provider's call package.

Disclaimer - Property reference 2206. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Meridian Business Sales Ltd, Bolton. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

Map data OpenStreetMap contributors.