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Wilford Ln - Roko Health Club

43,995 SF Sports & Entertainment Building Offered at $3,607,549 in Nottingham NG2 7RN

Investment Highlights

  • Parking for approximately 220 vehicles
  • Site extending to approximately 3.64 hectares (8.99 acres)
  • Football pitches/land with potential for further development

Executive Summary

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

Property Facts Sale Pending

Price $3,607,549
Price Per SF $82
Sale Type Investment or Owner User
Tenure Long Leasehold
Property Type Sports & Entertainment
Building Class B
Lot Size 8.99 AC
Building Size 43,995 SF
No. Stories 2
Year Built 2000
Parking Ratio 5/1,000 SF
  • Listing ID: 32356146

  • Date on Market: 7/5/2024

  • Last Updated:

  • Address: Wilford Ln, Nottingham NG2 7RN

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