Fitness club acquired by Birmingham asset manager in £3m deal
Birmingham-based real estate asset management company Blue Marble has acquired a new leisure investment for an in-house client in a deal worth more than £3m.
Acting on behalf of Pemberstone Properties, the agency has acquired the freehold of the Total Fitness Club, Waters Meeting Road, Bolton, for £3,210,000. The deal reflects a net initial yield of 7.31%.
Located close to Bolton town centre, the modern health and fitness facility has a total floor area of 83,356 sq ft and is let to Total Fitness Health Clubs on a 20-year unbr... 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...
