Property investor flexes muscle with fitness club acquisition

Total Fitness Club Bolton, acquired by Blue Marble Asset Management.
Commercial property investment and asset management company Blue Marble has snapped up a health and fitness club in Greater Manchester. Acting on behalf of in-house client, Pemberstone Properties, Ed Jones, investment director at Birmingham-based real estate asset management company Blue Marble, acquired the freehold of the Total Fitness Club, in Bolton for £3.21m reflecting a net initial yield of 7.31%. Located close to the town centre, the site has a total floor area of 83,356 sq ft and is let to Total Fitness Health Clubs on... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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