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Roko Health Club, West Bridgford, Nottingham

Guide Price
£2,850,000

£64.78 per sq ft

Business rates & charges may apply

Savills, Oxford
SIZE AVAILABLE

43,995 sq ft

4,087 sq m

SECTOR

Sports facilities for sale

Key features

  • Long leasehold, 104 years unexpired
  • 20m indoor swimming pool, 20m outdoor pool
  • Large spa area, open plan gym floor, three fitness studios and café
  • Beauty treatment area (sublet), hot yoga and physio concessions
  • Parking for approximately 220 vehicles
  • 3,485 members as at April 2024
  • Site extending to approximately 3.64 hectares (8.99 acres)
  • Football pitches/land with potential for further development

Description

The portfolio comprises a collection of three long leasehold and one short leasehold assets. The leasehold properties have been operated under the Roko brand and generate trading revenue from memberships, concessions, day nurseries, beauty treatment rooms, swimming lessons, personal training and studio hire.

The health clubs have been operated successfully as individual venues and could be operated as independent enterprises, or integrated into existing health and fitness groups where geographical opportunities allow, or where operating synergies arise. Alternatively, the four sites could be purchased as a group to form the basis of a new independent group operation.

Each club comprises a fully equipped operational entity but also offers significant potential for enhancement with strategic capital investment, which would unlock substantial income and capital value.

Roko Nottingham is located in West Bridgford, an affluent residential area 4 miles south of Nottingham city centre.

Roko Health Club, West Bridgford, Nottingham

NEAREST STATIONS

Distances are straight line measurements from the centre of the postcode
  • Wilford Lane Tram Stop0.5 miles
  • Nottingham Station1.2 miles
  • Station St Tram Stop1.3 miles

Notes

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Disclaimer - Property reference 3D52BDB8-64D5-4671-9FCA-8350D30E1182. The information displayed about this property comprises a property advertisement. Rightmove.co.uk makes no warranty as to the accuracy or completeness of the advertisement or any linked or associated information, and Rightmove has no control over the content. This property advertisement does not constitute property particulars. The information is provided and maintained by Savills, Oxford. Please contact the selling agent or developer directly to obtain any information which may be available under the terms of The Energy Performance of Buildings (Certificates and Inspections) (England and Wales) Regulations 2007 or the Home Report if in relation to a residential property in Scotland.

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