Leisure/hospitality for sale in Foundry Street, Ravensthorpe, Dewsbury WF13

£140,000
Leisure/hospitality for sale
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Property description

Ref 7520 – Leasehold Health & Fitness Centre
Blacks Brokers are pleased to bring to the market this leasehold health and fitness centre located in Ravensthorpe, Dewsbury.


Introduction


Fitness Connection was established by our client in this busy area of Ravensthorpe in 2002. The business has a wide range of equipment including weights, exercise mats and cardio equipment and the staff are able to offer advice and guidance as required by gym users. It has become very well known in this area and has a strong base of regular customers in place. Our client has ensured the business has an excellent reputation and superb reviews are noted on Google and Facebook. Our client also established a Chicken Bar within the gym which never got the chance to reach full potential due to lockdowns, leaving huge scope for a new owner.


Location


Fitness Connection occupies an industrial trading position within a residential area of Ravensthorpe town centre. The area is highly sought after with a number of local amenities nearby including schools, a Post Office, shops and large multiples. The area is well linked by the M62 and A644 with very strong public transport links and parking is available immediately outside.


Reason for sale


The business is ideally suited to a hands-on owner-operator but due to our client’s other business commitments being higher than anticipated, the business is offered for sale. This presents an excellent opportunity for a new owner-operator or team to take the business to the next level.


Lease


The building is available on a Full Repair and Insure lease (Fri lease). This is the most common form of commercial lease. The current lease is a ten year lease which began in 2012 at a cost of £272 per week.


Staff


The business operates with our client only in employment.


Financial details


Fitness Connection has traded solidly since opening and our client has established a strong repeat customer base. The business has also recently introduced a prep kitchen which will bring in additional turnover.


Business rates


Purchasers should enquire with relevant local authorities to confirm the rates payable.


Summary


This long established business occupies an enviable trading position in a highly sought after and busy area of Ravensthorpe. Our client has secured a strong customer base and exceptional reputation. There is plenty of scope to develop the business further with the introduction of new services and longer opening hours, possibly additional staff to offer fitness classes and personal training. A new owner could also utilise the space within this sizeable building by sub letting some areas to complementary businesses. This proposition would ideally suit an owner operating team who could push the business forward and build upon the solid and impressive trading foundations. Early viewings are strongly advised. Business: £140,000.

Please quote ref: 7520

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For more information about this property, please contact
Blacks Business Brokers, BL9 on +44 161 937 5978 * (local rate)

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Property descriptions and related information displayed on this page, with the exclusion of Running Costs data, are marketing materials provided by Blacks Business Brokers, and do not constitute property particulars. Please contact Blacks Business Brokers for full details and further information. The Running Costs data displayed on this page are provided by PrimeLocation to give an indication of potential running costs based on various data sources. PrimeLocation does not warrant or accept any responsibility for the accuracy or completeness of the property descriptions, related information or Running Costs data provided here.

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