Established in 2013, this successful gym and fitness centre occupies a prime location with limited local competition. Buyers can acquire the freehold property and operating gym business together, or choose an alternative property investment at €1 million, with the existing owner retaining the gym business and paying rent.
A Purpose-Built Fitness Facility
Following the success of the original gym, the owner purchased commercial land in 2015 and developed a three-storey, purpose-built facility, which opened in 2016.
The property offers approximately 1,300 m², including the outside area and upstairs rooms. A lift connects all three floors. Facilities include a fully equipped main gym, three large studios for dance, fitness, boxing and spinning, and an outside activity area. Upstairs are four beauty and therapy rooms, a waiting area and an office.
Male and female changing rooms provide showers, toilets, sinks and lockers, complemented by a separate accessible toilet. Air conditioning, ventilation, central heating and an entertainment system serve the facility, while free parking adds convenience for members.
The owner and experienced senior staff and instructors have worked together since the outset, building a loyal membership base across different ages and nationalities. Year-round members are supplemented by seasonal visitors from across Europe, while ongoing residential development nearby offers potential for further growth.
Option One — Purchase the Freehold Property and Gym Business
Acquire both the premises and the established operating business, combining freehold ownership with an existing membership base and multiple income streams.
The business benefits from membership income, room hire by outside instructors and rental income from two separate units within the building. It has a record of increasing net profits and excellent social media reviews.
With the exception of a few spin bikes, the gym equipment is owned outright and regularly updated. This option offers an opportunity for an owner-operator or an established fitness business seeking to expand.
Contact us for the asking price and full details of the combined property and business purchase.
Option Two — Freehold Investment at €1,000,000
Alternatively, purchase the land, building, fixtures and fittings for €1 million, with the existing owner retaining and continuing to operate the gym business.
Under this proposed arrangement, the owner would pay €8,000 per month in rent, generating €96,000 in annual rental income and a gross annual rental yield of 9.6%.
The gross yield is calculated on the €1 million purchase price, before acquisition costs, property expenses and taxes. The arrangement is subject to agreed lease terms, including lease duration, rent reviews and maintenance responsibilities. The precise fixtures and fittings included, and the treatment of existing rental units and room-hire income, will be confirmed as part of the sale and lease agreements.
This option offers property ownership with the established gym operator remaining in occupation.
Choose the Opportunity That Suits You
Whether you want to own and operate an established fitness business with its freehold premises, or acquire the property as a rental investment, this facility offers two distinct routes to ownership.
Contact us today to discuss either purchase option, request further information and arrange a viewing.
