Holyrood Street, Newport, PO30 5AU

Leisure Other for sale

£25,000


Opportunity to purchase a trading business in the heart of Newport town centre.

LOCATION
The property is located close to the High Street, Newport's busy retail and leisure destination, in a great high footfall area.

Neighbouring businesses include Couture Hairdressing, Primrose Delicatessen, Hurst's and various boutique stores offering clothing/home ware brands.

DESCRIPTION
Offered for sale is a trading gym business, Isle be Fit. The business has traded successfully for some years now and the vendor is looking to pass this on to a new owner.



The business is trading 6 days a week and offers competitive monthly membership packages with a wide range of cardio, resistance and free weight equipment.



The premises trades over approximately 2000 sq ft (185 sq m) and offers the following accommodation:

Gym

Office

Staff Area/Waiting Room

Changing Room with shower

Male & Female WCs

The current business could be expanded on by offering different tailored packages to clients.



Included in the business purchase is the website islebefit.co.uk.

A full inventory can be provided upon request, profit and loss accounts can be shown to bona fide applicants only.

SERVICES
The property is supplied by electricity, water and has mains drainage.
TERMS
Our client is asking £25,000 for this business to include equipment, fixtures, fittings and goodwill.

A very reasonable new lease will be granted at a rental of £8,500 per annum direct from the landlord.

OUTGOINGS
The VOA shows a rateable value of £8,300. Using the UBR the rates payable would be circa £4,200 per annum. The premises is eligible for small business rates relief at this level.
VIEWING
All viewings to be arranged via HRD Commercial. Please contact 01983 527727.

Agents Notes Our description of any appliances and/or services (including any central heating system) should not be taken as any guarantee that these are in working order. None of the statements contained in these particulars as to this property are to be relied upon as statements or representation of fact nor is it intended to form any part of any contract.

Especially if travelling long distances, if there is any point of particular importance, please contact the office who will be pleased to clarify the information.

Floor plans are a schematic and are for guidance only. All measurements are approximate. Please note that if our photographs depict the property in a furnished condition, on completion all furnishings will be removed unless specifically mentioned elsewhere as being included in the sale.

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Here to Help

Mark Rhodes

Director

Lisa Mercer

Manager

Rhys King

Surveyor

Janet Morter

Negotiator

Laurie Calloway

Property Consultant

Edwina Grist

Administration

Tel: 01983 527727 Email Us: commercial@hrdiw.co.uk