Chain of 2 Gyms in North Yorkshire For Sale

Situated in a Industrial Estate, office and commercial area, North Yorkshire.

Turnover £ 4,500
Price £430,000

Features

Two 24 Hour Gym One with First Floor Boxing & Fitness Club

Both Fully equipped with start of the art gym equipment.

GYM ONE IS 6,300 sq ft gym, approximately 385 members, full fight school upstairs.

GYM TWO IS Fully equipped Gym in the region of 2,650 ft², approximately 385 members, plus mezzanine level.

Turnover

We are informed the combined income of £4,500 p.w. approx. (memberships ONLY) PLUS additional income from Boxing club, Vending Machine, Massages, Sunbeds, Personal Trainers & Fitness club

Staff

The business is at present operated by the vendors plus self employed personal trainers.

Trading Hours

24 / 7

Outside

Both units have allocated parking for 20 car (each).

Tenure

GYM ONE - WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 5 years in 2026 with reviews every 5 years (next review 2031) at a current rent of £52,200 p.a.

GYM TWO - WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2026 with reviews every 5 years (next review 2031) at a current rent of £26,400 p.a.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE's, GOODWILL, FIXTURES & FITTINGS £430,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 215,000 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote