Gym with Boxing Ring in County Durham

Nationwide welcomes to the market this GYM with BOXING RING. Excellent trading position, residential, office and commercial area, Co Durham.

Newly fitted 2021 with £100,000 worth of equipment.
150 members, 100 pay month

PREMISES in the region of 4,250 ft with carpeted (heavy duty) flooring, suspended ceiling with fluorescent lighting, Reception desk, cash register, CCTV system (16 cameras, 1 monitor)

Ladies’ & gentlemen’s Changing rooms with shower & Toilets

Spin room with 8 Bikes
Boxing room and ring
Cardio room
Weights Area
Strength & Conditioning room
Office
Sunbed room with 1 sunbed

Turnover : WE ARE INFORMED by the owner the turnover currently averages £2,000 p.w. We understand the Accounts year ending 2023 show sales of £100,000 approx with gross profit of £40,000 after wages

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £125,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT. (Our brokers can lend up to 50% on a leasehold or 75% on a freehold purchase, subject to status, please contact us for a free quote)

Request Details to see Additional Information e.g. Opening Hours, Staffing and Tenure. Viewing Strictly by appointment via Nationwide Businesses Ltd 020 8763 1777.Lease : £125,000 (M5634)

www.NationwideBusinesses.co.uk