Better future for FitSpace
Published: 24 January, 2017
Budget gym brand bought by GLLís Better chain
The consolidation of all eight of FitSpaceís properties brings GLLís current number of standalone gyms to 17.
FitSpace was the UKís first lowĖcost gym brands, opening its first club in 2006. GLL acquired its entire portfolio of eight health and fitness clubs, which have a combined membership of over 20,000 and are situated in Bournemouth (12,500 sq ft), Bradford (20,468 sq ft), Holloway (9,311 sq ft), Lincoln (15,259 sq ft), Mitcham (17,500 sq ft), Nottingham (15,000 sq ft), Sheffield (20,672 sq ft) and Woolwich (17,388 sq ft).
GVA advised FitSpace and Gavin Brent, managing director of retail, hotels and leisure said: ďHaving worked with FitSpace since its inception over ten years ago and advised its leading investors throughout, I am delighted that we were able to have acted for them on this deal, which will see its eight gyms given a new lease of life under the Better Gym brand.Ē