CPH bring to the market these central first floor LEASEHOLD premises which we feel could be utilised for a variety of purposes, subject to planning. The property has been utilised as the HQ for Body Complete since 2017, however a change in circumstances means the property is available by way of either lease assignment (lease available to view at our offices) or by a lease surrender and re-grant.
The premises formed part of Bolyn's Nightclub however a very high quality conversion in 2017 by the current leaseholder, saw it transform into fantastic openplan gym/personal training accommmodation with both male and female changing rooms, office and separate fire escape. The premises really have been finished to a high standard and benefit from 100% Business Rates Relief. According to the current lease, the rent increases from £600 per month to £750 per month from 10th April 2022.
We are seeking an ingoing of £20,000 to reflect the fit out costs carried out by our client when they took the lease on. Some of the gym equipment may also be available to purchase by separate negotiation. For further information, please call our friendly team on 01723 352235.
The property occupies a good secondary trading position on St Thomas Street, which itself forms a continuation of St Nicholas Street. Other occupiers of note on St Thomas Street include CPH Property Services, The Opera House Casino, Saba Restaurant and Heron Foods to name just a few. Barclays Bank and Lloyds Bank are located a stones throw away on Newborough - Scarborough's premier retailing locality.
The property comprises a first floor gym with stair access from street level. The accommodation is largley open plan, with both male and female showers/changing rooms together with a well equipped office. The premises were fitted out at considerable cost to the tenant in 2017 to include new UPVC double glazed windows, air conditioning, office, showers, plumbing elecrtrics, flooring etc.
2017 Rateable Value - £7,100
The property qualifies for 100% Business Rates Relief. Further details are available on request.
To be confirmed.
VAT, if applicable, will be charged at the prevailing rate.