Skip to content

Eaton Place, Bingham, Bingham, Nottinghamshire, NG13 8BD

£315,000

Business rates & charges may apply

Lester & Bingley Ltd, Mansfield
SIZE

Ask agent

SECTOR

Commercial property for sale

Key features

  • Exceptional Investment Opportunity
  • Premium Exclusive Members Gym
  • Bingham Town Centre Location
  • Fully Modernised Throughout
  • Opportunity to Expand Members & Income
  • £100,000 of fitness equipment included
  • 25% Net Yield
  • Strong Historical Performance

Description

Lester & Bingley have an exceptional opportunity to acquire a thriving exclusive members gym positioned in the very heart of Bingham town centre. This well-established fitness business operates from fully renovated premises, delivering impressive returns whilst offering substantial expansion possibilities within the same building.

This modern exclusive members club has cultivated a loyal customer base and strong reputation within the local fitness community. Operating from purpose-fitted premises in a prime town centre location, the business currently generates approximately £86,000 net profit annually, representing an outstanding 25% NET return on the asking price of £315,000. This exceptional performance demonstrates the strength of the established operation and the quality of its membership base.

The gym benefits from high visibility and excellent accessibility, crucial factors in attracting and retaining members in today's competitive fitness market. The central positioning ensures convenience for members whilst capitalising on Binghams bustling commercial environment and ongoing regeneration initiatives.

Over £100,000 worth of modern, top-tier equipment is included within the purchase price, representing exceptional value and ensuring immediate operational capability. This comprehensive equipment package would require substantial separate investment if acquired independently, making this acquisition particularly attractive.

The existing facilities have been designed to maximise both functionality and member experience, creating an environment that supports retention whilst attracting new members. The quality of the fit-out reflects the premium positioning of this exclusive members club and provides a solid foundation for continued success.

A long lease arrangement provides security and continuity for the incoming owner, ensuring operational stability whilst protecting against rental uncertainty. This lease structure offers the benefits of an established location without the capital requirements of freehold ownership, making this an accessible investment for operators seeking immediate returns.

This opportunity represents a complete turnkey investment in an established, profitable business with exceptional growth potential. The combination of strong current performance, premium equipment, secure lease arrangements, and expansion possibilities creates an investment proposition suitable for both owner-operators and investors seeking superior returns.

The business requires no immediate additional investment to continue operations, whilst the scope for enhancement ensures that returns can be significantly improved through strategic development and marketing initiatives.

Viewing by appointment only and early inspection strongly recommended given the exceptional nature of this offering.

Eaton Place, Bingham, Bingham, Nottinghamshire, NG13 8BD

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Bingham Station0.2 miles
  • Aslockton Station2.3 miles
  • Radcliffe (Notts) Station3.5 miles

About Lester & Bingley Ltd, Mansfield

Unit 2a Sherwood Oaks Close, Mansfield, NG18 4TB

Notes

These notes are private, only you can see them.

Disclaimer - Property reference 713399. 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 Lester & Bingley Ltd, Mansfield. 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.