Roko Health Club | Stirling Rd
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Roko Health Club Stirling Rd
31,902 SF Vacant Retail Building York YO30 4TU £1,100,000 (£34/SF)
Investment Highlights
- Site extending to approximately 4.36 hectares (10.78 acres)
- Open plan gym floor, three fitness studios and café
- Parking for approximately 290 vehicles
Executive Summary
Roko York is located in the Clifton Moor area of York, approximately 2 miles north of the city centre, adjacent to the ring road.
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.
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 Type
Investment or Owner User
Property Type
Retail
Tenure
Long Leasehold
Property Subtype
Health Club
Building Size
31,902 SF
Building Class
B
Year Built
2009
Price
£1,100,000
Price Per SF
£34
Percent Leased
Vacant
Tenancy
Multiple
Number of Floors
2
Building FAR
0.22
Land Acres
3.27 AC
Parking
184 Spaces (5.77 Spaces per 1,000 SF Leased)
Frontage
121 ft on Stirling Rd
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Nearby Major Retailers
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Roko Health Club | Stirling Rd
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