Box Fit Gym In Ponteland For Sale

Property Information

Property:

Leasehold

Lease Terms:

The premises are held on a 10 year lease from May 2024. The current rent is £32,000 per annum and a copy of the lease would be available on request.

Leasehold Rent:

£32,000 per annum

Location:

The business is situated on the main A696 road running through the heart of this pleasant residential town to the North East of Newcastle upon Tyne.

Ponteland is one of the most popular suburban towns in and around Newcastle with straightforward access via the A696. The building has its own car park to the rear which is a major asset for any business in this town.

Premises Details:

This is a flourishing gym which has been operating within Ponteland since July 2024 but has been placed on the market as the owner wishes to reduce their commitments.

The premises are in excellent order having been entirely refurbished at the point the lease was signed. The unit is immaculate with a high quality fit out that includes air conditioning.

The current business model operates on an appointment only basis and caters for individuals, couples and groups. Class numbers are restricted as our client operates alone but new owners could run simultaneous sessions as there is a small ring for pad work, up to 25 suspended boxing bags plus another smaller training area.

The location and the quality of the set up attracts a high calibre of client and there are currently 30 members each paying a subscription of £100 per month. There is scope to possibly increase the membership up to 50 people but individual sessions and packages can also be booked.

Viewing is strongly recommended to fully appreciate the location, layout and potential of this rare opportunity.

Energy Performance Rating:

C

Business Operation

Management type:

This business is owner operated.

Trading hours:

Sessions are by appointment only.

Employees:

Currently owner operated.