Retail premises for sale in Morpeth, England, United Kingdom NE61

Business
Please quote reference B07512

CoGoGo are delighted to welcome to the market Yoga Den, a highly rated Yoga Sudio based in Morpeth.

The business was founded by the current owner in September 2017 when they identified a need in the area and has been a real labour of love accruing many happy clients along with a burgeoning reputation.

The business is now being sold, albeit reluctantly and with a heavy heart only due to the vendors wish to pursue a change in direction.

The business offers a wide variety of classes including;

• Yin Yoga


• Vinyasa and Hatha Flow


• Yin Yang Yoga


• Restorative Yoga


• Yoga Nidra


• Chair Yoga suitable for al levels including wheelchair users


• Zen Yoga


• Ashtanga Yoga


• 6 Week Beginner Courses

Additionally the business offers Yoga retreats along with one to one tuition.

Currently the business offers 14 weekly classes but there is capacity and demand for more.

The business creates classes suitable for any age, size, shape and gender, with variations and alternative postures for their clients to use as they feel. The business prides itself on being a fully inclusive studio where everyone is accepted and feels at home

The sale will include the company website and social media platforms, an online booking system and app and the business enjoys great visibility online with impressive reviews. Also included is a database of past and present clients.

Key Selling Points -

• Well Established


• Great Reputation


• Low Running Costs


• Turnkey Business


• All Fixtures, Fittings & Equipment Included


• Handover Option Available

Scope for Further Development -

• Advertising and Marketing campaign


• Maximise the use of social media


• Extend the opening hours


• More weekend workshops and special events


• Explore online voucher discounters such as Wowcher and Groupon

Very rarely do Yoga studios of this calibre come to the open market, so early enquiry is highly recommended!

Location
The business is based within Morpeth and is stones throw away from the busy town centre which provides ample footfall to the area.

Premises
The business occupies generous open plan premises ideally suited to the trade with wheel chair access.

The business is beautifully presented and maintained and new decorated.

Groud Floor

The main space fits 16 class participants plus the teacher comfortably.

There is a large disabled toilet and equipment cupboard.

All fixtures, fittings and equipment pursuant to the running of the business included in the sale

Equipment includes; mats, blocks, bolsters, blankets, eye pillows, chairs, straps and a feet up stand.

Tenure
We are advised the business is being sold on a Leasehold basis with a rolling agreement currently in place and reasonable rent.

The landlord would be happy to negotiate a mutually acceptable lease with a new owner.

Hours
The business operates approximately 25 hours per week.

Staff
The business is managed by our client plus 3 self employed staff members.

Financial Profile
Financial information can be made available upon request.

Please quote reference B07512