Gym in South London For Sale

Ground floor premises in an excellent residential, office and commercial trading position, SW London,

Turnover £ 6,750
Price £275,000

Features

Well Fitted Gym (franchines)

MEMBERS: 870 (80% Contract)

TRIPLE FRONTED PREMISES in the region of 9,000 ft² with fluorescent lighting, Air conditioning with hot air, Reception desk, computer, fob / app entry for member with camera detection, vending machine.

Changing rooms with shower, toilet and hair dryer

Large fully equiped Gym.

2 Physio Rooms

Large Studio

Studio Room for Classes

Back office / Staff room Stock room

Turnover

Members: 870 ( 80% contract)

We are informed the sales average £350,000 p.a. Mainly secured monthly Direct debit income

Staff

The business is at present operated by 2 full time staff, 4 self employed trainers, contract cleaner and security company.

Trading Hours

7 Day week
MONDAY - SUNDAY 5am - Midnight

Tenure

WE HAVE BEEN INFORMED BY THE VENDOR that the premises are held on a SECURE RENEWABLE lease (private landlord) granted for 10 years in 2021 with reviews every 5 years (next review 2031) at a current rent of £80,000 p.a. + VAT In addition we understand there is a Service charge of £12,000 p.a. approx. + vat

Business Rates from April 2026 £26,000 approx. (Please contact local authority to confirm)

PLEASE NOTE THE PURCHASE OF THIS BUSINESS IS SUBJECT TO ENTERING INTO A FRANCHISE AGREEMENT, FULL DETAILS AVAILABLE UPON REQUEST.

Franchise agreement due for renewal at end of this 2026 at cost of £10,000 will give you another 10 years. On renewal a Brand Refresh will be required at a cost of approx. £15,000-30,000.

THE BUSINESS HAS BEEN IN THE SAME HANDS SINCE 2021, AND IS SOLELY OFFERED FOR SALE, DUE TO THE VENDORS OTHER BUSINESS INTERESTS.

Price

TO INCLUDE THE SECURE RENEWABLE LEASE, GOODWILL, FIXTURES & FITTINGS £275,000 plus STOCK AT VALUATION
SUBSTANTIAL LOAN TO AN APPROVED APPLICANT.

Finance

Subject to status, you maybe able to borrow up to £ 137,500 (lease) to purchase this business, with a house or additional security you maybe able to borrow the full amount. Free Quote