FULL BODY WORKOUT A REVIEW OF THE CENTRAL LONDON GYM MARKET


By comparison the premium market counts for 18% of clubs but counts for over half of all floor space, averaging nearly 34,250 sq ft of floorspace due to the provision of swimming pools, specialist equipment areas such as altitude conditioned studios and food & beverage areas. The budget / low cost sector has made steady inroads in the capital with 31 clubs with average floor area of 14,579 sq ft.


BREAKDOWN BY CATEGORY:


STUDIO PREMIUM M/MKT BUDGET


19%


Studio Premium M/Mkt Budget


21% 21% NO OF GYMS 19% 18% 18% 42% 42% 17% 17% 55% 55%


Studio Premium M/Mkt Budget


8% 20% 20% 8%


With more operators seeking a better ground floor provision as part of their demise, finding space for gym use a never ending challenge, operators and landlords need to look outside of the box for identifying space for health and fitness use.


FLOORSPACE


AVERAGE RENTS BY CLUB TYPE


£15.69 BUDGET


PSF


£12.99 MID-MARKET


PSF


£23.70 PREMIUM


8 PSF


£32.20 STUDIO


PSF


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