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Confidential Sale (Address Information Withheld) - Norfolk - East Anglia

Property Details
Agent Ref No: NORFOH100111
Category: Business for Sale
Business Type: Health & Fitness Club
Offer Type:
Price: £3,000,000.00
Rent: Not Applicable
Yield: Not Applicable
Further Property Details
Date Listed: 2007-08-25
Size:
Tenure:
Min Rental Size: Not Applicable
Property Status:
More Than Business

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Description

Leisure & health club with Swimming pool, 2 Gyms, Dance/Aerobics studio, Sauna, Jacuzzi, Crèche, Bar and Function Room, situated close to town centre.

The club has a well trained enthusiastic management team of qualified staff which makes this is an easily managed business with a low cost base and low staff overheads. Membership is expanding at an excellent rate with the capacity for continued substantial membership growth plus the possibility, subject to planning permission, of adding additional facilities.

There are currently approximately 1500 active members, with over 70% on a yearly contract, paying monthly.

The friendly atmosphere sets it apart from other clubs; members can reach their fitness goals in a non-intimidating and comfortable environment. With health and fitness becoming increasingly popular, the club offers good quality, and easy to use modern equipment.

The current owner is including the freehold in the purchase price. However there is a possibility of a leasehold agreement subject to the right terms. The club operates from substantial purpose built detached premises, which comprises of over 20,000 square feet spread over two floors set within approximately one acre. The club has on site parking for members, ease of access for deliveries and the capacity to accommodate an expanding membership.