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Retail premises for sale

£29,995

Unit 1, Worsley M28

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Property description

Business
Hilton Smythe welcomes to the market Kings Gym.

A well-equipped fitness suite with ample machines, inviting decor and bespoke wall artwork.

The business was established by the landlord around 10 years ago, our client took over in August 2016. The business is doing exceptionally well, our client is looking for a new, enthusiastic owner to take over, as he enters into another business venture in a different town.

Kings Gym has equipment for everyone, with a cardio section, punch bag and weight lifting section. The gym has perimeter mirrors with ample fitness machines. Our client advises there is plenty of scope to increase membership numbers by a little advertising.

Putting in a couple of vending machines and a 24-hour fob access door, the gym could then be unmanned.

Currently the custom comes from local, word of mouth recommendations, day and weekly pass customers and the gym currently has 44 annual members.

Personal trainers rent space at the gym regularly, our client is currently generating £350 per month. There is plenty of scope to increase the custom from personal trainers with the correct advertising and marketing platforms.

We believe this is an ideal purchase for a sports enthusiast with passion and drive to fully realise the potential of this exciting business venture.

Our client has had leaflets printed but never got around to completing the leaflet dropping as he has been involved in other business ventures.

There are plenty of places to advertise locally, such as local shop windows, on notice boards at the local six form college, as well as posting in the surrounding residential homes.

This is a turn key business.

Our client is looking for a quick sale to move on to his new business opportunity therefore is open to sensible offers.

Early viewing is highly recommended. Viewings by appointment only.

Vendor is happy to offer a hand over period and introduce the new owner to the regulars.

Location
The business is located on Priestley Road, Worsley, Manchester M28 area.

The premises have six private parking spaces also on street parking.

The business is surrounded by a wealth of residential homes, shops, trade businesses and benefits from a high volume of passing trade.

The area of the business is well served by the public transport systems, with several bus stops, all within easy walking distance of the property.

Moorside road train station is just a five-minute walk away.

The area is also well served by the a-roads, with the A6 being within easy driving distance of the business, which links to the M60/M61 motorway network.

Premises
The Gym is situated within a large industrial estate close to the main road and 6th form college.

The premises is well presented with good signage and the interior is fully equipped to suit the trade.

At the entrance is the reception area with desk, drinks fridge and male and female toilets.

Through the reception is the main gym consisting of,

Standing calf raise, Low cable row, Plate loaded pullover, standing leg curl, Plate loaded, Delt raise, Hack squat, Wide chest press, T bar row, Incline pec Dec, Leg press, Incline chest press, Ab bench, Hyper extension, Shoulder press, Plate loaded shoulder press, Life fitness upright bike, Triceps extension, 2x adjustable bench, Utility bench, Squat rack, 3 barbells, 2 e-z bars, Trap bar, 2 deadlift mats, Preacher curl bench, Incline bench press, 6 pair dumbbell racks, Dumbbells 1-10kg and rack, 4 adjustable steps, 2 Swiss balls, 4 pairs of kettlebells, Spam balls and medicine balls with rack, 800kg Olympic plates, Various cable attachments, 7x mirrors, 3x exercise mats
The above equipment is included in the sale.
When our client took over from the landlord, the following equipment was left for the use of the customers and the rental of the equipment is included within the rent.
Lying leg curl, Punch bag, Triceps machine, Leg extension, Dual arm chest press, Cable crossover, Lat pull down, Converging shoulder press, Ab crunch machine, Bicep curl, Life Fitness treadmill, Life fitness X trainer, Life fitness stepper, Concept 2 rower, Dual arm row, Smith machine, Land mine row, Bench press, Flat bench, Dumbbells 2.5-60kg, 200kg rubber plates.
The Sauna and shower rooms to the right of the gym are the partially completed.
With a little cosmetic work and finishing touches this could be opened up to the customers.
Our client advises if he was able to stay at the Gym he would utilise the space with a sunbed room.
The premises are secured with metal shutters and a fire door.

Tenure
We are advised the premises is leasehold - with a rolling lease.

The landlord would be happy to negotiate a lease term should the purchaser desire a fixed term.

The current annual rent is £7,800 (including rented equipment)

Hours
Current opening hours.

10.00 – 21.00 (Mon – Fri)
09.00 – 15.00 (Sat)
10.00 – 14.00 (Sun)

Staff
Current opening hours.

10.00 – 21.00 (Mon – Fri)
09.00 – 15.00 (Sat)
10.00 – 14.00 (Sun)

Financial Profile
The 2016- 2017 reports show a turnover of approx. £48,000 with a gross profit of £38,000 the accounts are currently being completed by our client’s accountant.

What Zoopla users think of Wardley Industrial Estate

Overall rating:

  • currently 3.5 stars
Good - 67%

Ratings breakdown:

  • currently 3 stars
Community & safety
  • currently 3 stars
Entertainment & nightlife
  • currently 3 stars
Parks & recreation
  • currently 3 stars
Restaurants & shopping
  • currently 4 stars
Schools & public services
  • currently 4 stars
Transport & travel

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Community & safety
  • currently 0 stars
  • 4
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  • 3
  • 2
  • 5
Entertainment & nightlife
  • currently 0 stars
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  • 5
Parks & recreation
  • currently 0 stars
  • 4
  • 1
  • 0
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  • 5
Restaurants & shopping
  • currently 0 stars
  • 4
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  • currently 0 stars
  • 4
  • 1
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  • 3
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Transport & travel
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Nearby transport

  • Moorside (0.2 miles)
  • Swinton (Manchester) (0.7 miles)
  • Walkden (1.7 miles)
  • Manchester International Airport (11.5 miles)
  • Liverpool John Lennon Airport (23.9 miles)
  • Blackpool International Airport (32.9 miles)
  • Liverpool Belfast Ferry Terminal Bootle (27.2 miles)
  • Liverpool Pier Head Ferry Terminal (27.4 miles)
  • Liverpool Isle of Man & Dublin Terminal (27.5 miles)

Nearby schools

View all schools in Salford
  • St Charles' RC Primary School (0.1 miles)
  • Moorside Primary School (0.5 miles)
  • The Deans Primary School (0.5 miles)
  • Abbey College Manchester (5.1 miles)
  • The Young Mums Unit (5.2 miles)
  • Connell Sixth Form College (7.1 miles)
  • St Ambrose Barlow RC High School (0.5 miles)
  • Moorside High School (0.5 miles)
  • The Swinton High School (0.7 miles)
Note: Distances are straight line measurements

Local info for Salford

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For more information about this property, please contact
Hilton Smythe Commercial, BL1 on +44 1204 351867 * (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 Hilton Smythe Commercial, and do not constitute property particulars. Please contact Hilton Smythe Commercial for full details and further information. The Running Costs data displayed on this page are provided by Zoopla to give an indication of potential running costs based on various data sources. Zoopla 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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