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