19 Sep 2012
The Gym Group secures Gloucester Quays location
BY Tom Walker
Image: The Gym Group currently operates 23 clubs
Budget health club operator The Gym Group has secured a deal to open a site at the £60m mixed-use Gloucester Quays development in Gloucester.
The company is investing £1.5m in the 16,000sq ft club which will house more than 170 stations and has been designed to attract more than 4,000 members.
The news follows The Gym Group reporting an "outstanding year" in which it saw continued turnover and membership growth despite a "flat market place".
In 2011, the chain expanded its portfolio from 10 to 16 gyms and has continued its expansion this year with 23 sites currently in operation. It has another 18 sites in its development pipeline.
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