International real estate advisor Savills, on behalf of a private individual, has brought to market a purpose built fitness centre, fully let to Fitness First. Located in Solihull the unit has a guide price of £1.7 million.

The property in Ulleries Road was built in 2001 and provides 13,181 sq ft (1,224 sq m) of ground floor space, with a mezzanine providing a further 8,292 sq ft (770 sq m) added by the tenant. Fully let to Fitness First on a lease with 8.5 years unexpired the property generates an annual income of £123,500 per annum.

Located two miles from Solihull town centre the property benefits from a wide residential catchment area and is close to a neighbourhood scheme which includes Solihull Ice Rink, a retail parade including a Tesco Express and community facilities.

Ian Simpson, director in the leisure and trade related team at Savills, comments: 'We are delighted to bring to market this fantastic opportunity to acquire a leisure property currently occupied by an experienced operator that benefits from a large residential catchment area.'

Savills plc published this content on 30 January 2018 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 30 January 2018 17:19:06 UTC.

Original documenthttp://www.savills.co.uk/_news/article/72418/227683-0/01/2018/purpose-built-gym-let-to-fitness-first--solihull--comes-to-market-for-£1.7-million

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