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Established Health Club - Greater Manchester For Sale

Oldham, Greater Manchester, UK
Asking Price:
On request
Turnover:
Available on request
Net Profit:
Available on request

Closed Since March 2020
Beautifully Presented
6Rooms with Lounge Area
Financial Information Available On Request
Recently Refurbished
Large Rear Car Park unto 16 Vehicles
Excellent Transport Links
40 Year Trading Heritage
Excellent Reputation
EPC - C

Blacks Brokers are pleased to bring to the market one of Manchester’s longest established and most popular health clubs operating from this recently refurbished property in Oldham, North Manchester.

INTRODUCTION

The Georgian Health Club has been trading at 8-10 Waterloo Street Oldham for the past 40 years and our clients family have operated the business since inception. Trading strongly over four decades the business has secured an enviable reputation within the industry and has no need to advertise to promote the business whatsoever as all business is through word of mouth.

LOCATION

Waterloo Street offers convenient access for its customers with its town centre location with a tram stop just a one minute walk way, a two minute walk from Sainsbury’s Superstore and a municipal car park equally as close. With excellent links to the motorway network the location of the building is ideal.

REASON FOR SALE

This opportunity has become available due to our client’s plans to retire. It is rare for a business with such a long trading heritage to become available on the open market with a genuine reason for sale.

LEASE

The property is freehold therefore there are no leases relating to this property.

BUILDING LAYOUT AND DESIGN

This large property offers over 160 square metres of space split over three floors. There are two entrances one at the front and the other at the rear of the building. At the rear entrance there is a recently resurfaced car park that can accommodate up to sixteen vehicles depending on configuration. Once inside the building it is extremely well presented as the vast majority of the internal space has undergone a full refurbishment in 2019. This refurbishment has been done with a ‘no expense spared’ attitude and that can be fully appreciated upon a viewing.

The main hub of the building is the reception area on the ground floor called The Lounge. This space offers leather seating, wall mounted TVs and a reception area. To the rear of the building is a room for the staff and a shower area. The Fantasy Room can be found on the lower ground floor. This is a double room, beautifully fitted with silver decor.

On the first floor along with customer toilet facilities and a landing area are two additional rooms. As with all rooms in the building, these two rooms offer air conditioning, wall mounted TV and high quality fixtures and fittings.

The Gold Room and The Blue Room can also be found on the ground floor. Both these rooms are large and offer the same sumptuous fittings and facilities. The penthouse is the final room with a raised bed area with a split level feel.

Each room has it's own shower facilities.

STAFF

The business operates with staff on a self employed basis all of whom would be willing to stay with the business should the opportunity be offered.

FINANCIAL DETAILS

The business has traded strongly over its forty years. Full financial information can be made available on request.
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BUSINESS RATES

The building has a rateable value of £7,400. The business currently benefits from Small Business Rates Relief.

SUMMARY

This is an exceptionally efficient run business that has been trading for the past forty years.
The building is large with a large car park to the rear in an exceptionally convenient location. Both the car park and the internal aspects of the building have been recently refurbished making this an ideal time to purchase such a proposition.
This very well respected business presents an excellent opportunity for a new owner operator to build upon solid trading foundations. With a genuine reason for sale and a price that offers exceptional return on money invested early viewings are advised as a speedy completion is anticipated and demand for this business will be high.

Property Information

Property:

Leasehold

Business Operation

Trading hours:

MON - THU: 10:30 - 18:30 ( When open)
FRI & SAT: 10:30 - 20:30 ( When open)
SUN: 10:30 - 18:30 ( When open)

Contact Blacks Business Brokers

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