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Gym, Studio & Events/Hospitality Business For Sale - East Riding of Yorkshire, Hull

Undisclosed, East Riding of Yorkshire

CONFIDENTIAL SALE

  • Status

    FOR SALE

  • Date Submitted:

    08/02/22

  • Advert ID

    290265

  • Leasehold: £70,000
  • Rent: £18,000
  • Turnover: £50,000 (£962 Per week)
  • Net Profit: On request

Key Features

  • Town Centre location
  • Accounts Available
  • Attractive Business
  • Fully Fitted
  • Small Business
  • Established Business
  • Close to Local Amenities
  • Offers Invited
  • Prime Location
  • Retirement Sale
  • Adjacent to Multiple Retailers
  • Potential for Alternative Use
  • Company for Sale
  • Owner Financed

Business Details

Gym, Studio & Events Hospitality Business For Sale in Hull

Gym, studio, events and hospitality business for sale 

It is a well-equipped city centre boutique gym, events and hospitality business for sale. It is a leased premise with changing facilities. It has a small, high spec quality gym with a large well-equipped studio. It is available for several uses including group exercise, hire, clubs, events, meetings.

There is a lot of scope to enhance the facilities further and even change or add a use or part used to provide additional services. The business is in a working office and multi-business complex surrounded by other City Centre businesses in a prime central location with nearby parking and excellent close by public transport links.

A brand new multi-million retail, office, urban living and central park are about to be developed directly across the road. It has massive expansion potential and increased footfall in a fast developing town.

Like every business, the pandemic hit us with an extended period of closure. However, things are picking up with the city getting busier, the staff returning to the office and clubs hiring the venue. The high spec equipment and fittings which comes as part of the sale are worth circa £60,000 - £70,000. An extended lease is available. The landlord permits subleasing to a suitable business.

Get in touch for more information. 

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Stay Safe

Do not pay any deposit to private sellers upfront. If you are looking to purchase a business, we advise that any deposits or transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Don't share confidential information with any private sellers, including your home address, account passwords, bank accounts and credit card information.

Stay Safe

The vast majority of these scams involve the transfer of substantial sums of money. We advise all transactions made are through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Send a test amount before you consider handing over a large number of funds. Maybe even try transferring £1, and then speaking to your solicitor to confirm receipt.

Stay Safe

Do not disclose proof of funds directly to the sellers. If the sellers request you to show proof of funds, we advise that it is done through a solicitor to prevent fraudulent activities from occuring.

Stay Safe

Buying a business is not covered by consumer rights legislation. It is your responsibility to acquire a business that holds up in quality and agreement.

Stay Safe

Fraudsters will typically use false news in an attempt to get you to act quickly. For example, 'Your account has been disabled. Reset your password now.'.

Stay Safe

Review the performance of a business to make appropriate financial projections. Some businesses are dormant or not trading, so it is essential to check their short and long-term potential.

Stay Safe

Legitimate emails from Rightbiz will be with the domain @rightbiz.co.uk. However, emails from [email protected], [email protected] or [email protected] are not affiliated with Rightbiz.

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