Liverpool Shopping Park secures 15,000 sq ft letting with a UK 24-hour fitness centre operator. Tony McDonough reports
24-hour fitness centre operator PureGym is taking a 15,000 sq ft unit at Liverpool Shopping Park.
PureGym has agreed a 15-year lease with the Derwent Group, acting on behalf of the park’s owner the Albert Gubay Charitable Foundation. The gym is scheduled to open in the summer.
PureGym will join existing tenants at the park, which is close to Edge Lane, including Nike, M&S Food Hall, Greggs, Boots, Next, Smyths Toys, JD Sports, Hollywood Bowl and T K Maxx.
In February, LBN reported that the park, which opened in October 2017, is to expand by 80,000 sq ft in an £11m investment. Its current footprint is more than 165,000 sq ft.
James Maule-Ffinch, senior asset manager at the Derwent Group, said: “The prominent location of Liverpool Shopping Park, fronting Edge Lane, means that it has immediate appeal to retail and leisure operators.
“PureGym is another fantastic addition to the Park – and its first gym – and we were delighted to have worked with them to accommodate their specific requirements.
McMullen Real Estate and CSP are the appointed letting agents for the scheme and represented the Derwent Group. PureGym was unrepresented.
Steve Elrington, head of acquisitions for PureGym, added: “There is a huge appetite for affordable gyms in Liverpool and we are delighted to be expanding our presence in the city.
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“Our newest gym is in a prime location on Liverpool Shopping Park and will provide a fantastic range of fitness equipment and classes, all with affordable, zero-contract memberships.
“This will be a fantastic new facility for the people of Liverpool and the surrounding communities, helping to support their physical and mental wellbeing.”