MEET ME AT THE BAR A REVIEW OF THE UK HEALTH AND FITNESS MARKET
to sell its bike product and build a subscriber base. One opportunity, popular in other countries, which hasn’t been fully exploited in the UK, is the creation of roof top or sky line gyms. In Colliers’ recent consumer survey, 29% of people revealed that they would pay a higher membership fee for a rooftop gym.
Although commercial property lease lengths are shortening in most core markets, health
GYMS IN HIGH STREET LOCATIONS 2017
339 2018
Source: LDC, Colliers International
365 2019
and wellbeing is still offering longer lease commitments of 15 to 25 years due to the longer time period needed to recoup fit out costs. In addition, many leases also offer index-linked rental income, making the sector attractive to investors seeking long-term secure income.
29% of people would pay a higher membership fee for a rooftop gym
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