Active IQ
Active IQ
Active IQ
Health Club Management

Health Club Management

Follow Health Club Management on Twitter Like Health Club Management on Facebook Join the discussion with Health Club Management on LinkedIn Subscribe to Health Club Management
UNITING THE WORLD OF FITNESS
Get the latest news, jobs and features in your inbox
Health Club Management

Health Club Management

News

Third Space plans two new clubs for 2018 in five-year £50m investment

Research tells us that 61 per cent of office workers say having a gym close to their place of work is hugely appealing
– Colin Waggett, chief executive, Third Space

Boutique fitness brand Third Space is investing £50m (US$65.7m, €56.8m) in new clubs as part of a five-year expansion plan in London, starting with two openings next year.

Backed by British private equity firm Encore Capital, the company is scheduled to open a 27,000sq ft (2,508sq m) club at Minster Court in the City of London in the second quarter of 2018. The site will feature a pool, members' lounge, five group exercise studios, gym equipment and a cryotherapy chamber. 

The new leisure facilities will sit alongside redeveloped office space as part of major renovations at the 300,000sq ft (27,870sq m) Minster Court – with Third Space aiming to attract more office workers into its clubs.

“Research tells us that 61 per cent of office workers say having a gym close to their place of work is hugely appealing – a fact which is well understood by landlords who want their developments to stand out from the crowd, with a Third Space club as part of the mix,” said Colin Waggett, chief executive of Third Space and former head of Fitness First.

A second club will be launched later next year in Islington and, at 47,000sq ft (4,366sq m), is set to become one of the largest health clubs in the city. From 2019, Third Space plans to open a new club every year and is in discussions with a number of landlords of mixed-use developments.

The decision to grow its portfolio of London clubs, which currently stands at four, has been driven by increased participation in group exercise and personal training, with its sites now receiving more than 1.5 million visits per year.

Strength and conditioning, HIIT (high-intensity interval training) and mind and body programmes have witnessed significant growth in participation, according to the company.

As a result, sales have jumped 17 per cent to £23m (US$30.2m, €26.2m) in the nine months to September 2017, with revenue expected to hit around £33m (US$43.4m, €37.5m) this year.

The business, which boasts 16,000 members, invested £3.5m (US$4.6m, €4m) at its Tower Bridge club and £6m (US$7.9m, €6.8m) at Canary Wharf last year.

Tower Bridge was redesigned with copper detailing, oak paneling, soft lighting and timber floors. A hot yoga studio lined with juniper wood is one of seven workout zones in the club, which also has a pool and spa.

Third Space also has clubs in Soho and Marylebone.

Sign up for FREE ezines & magazines
Boutique fitness brand Third Space is investing £50m (US$65.7m, €56.8m) in new clubs as part of a five-year expansion plan in London, starting with two openings next year.
HAF
THUMB22816_244024.jpg

News

Leisure trust Active Nation has opened a new club in Long Eaton, Nottingham. The operator
ukactive has signed a three-year partnership with physical activity trade show Elevate. The "strategic alignment"
Digital health giant Lifesum has signed a partnership deal with non-dance HIIT programme Strong by
High intensity interval training (HIIT) is a more effective way to lose weight than longer,
Fitness operator HITIO Gym has signed its first franchise agreement in the UK. The Norway-based
Leisure operator Everyone Active will begin offering its members free access to a digital resource
Global Wellness Summit
Global Wellness Summit
Bespoke fitness manufacturer EXF has extended its relationship with Third Space, by supplying the luxury
Budget yoga chain MoreYoga has opened a studio in Woolwich, London. The launch is the
Corporate fitness sales specialist Gympass has secured a three-year extension to its deal with premium
Bury St. Edmunds Leisure Centre in Suffolk has become the first facility in the UK
Services giant Serco Group has appointed Simon Bailey as the new managing director of its
Construction work is set to begin later this spring on a £38m leisure centre and
British Blind Sport, UK Deaf Sport and national disability charity Sense have launched a joint
Elevate Arena
Elevate Arena
St Michaels Resort, an award-winning leisure destination in Cornwall, has completed a £10m expansion programme,
US operator Fitness Connection, which has 41 health clubs across three states, has been acquired
Chris Symons, who has spent the past 18 years at leisure trust GLL, has been
Exercise alters brain blood flow and improves cognitive performance in older adults, according to research
SIBEC
SIBEC
1 - 15 of 10,795
Features
Supplier showcase
With a new update coming out in 2019, Myzone is trailblazing in the fitness wearables market
Features
Conference Report
The recent Power Plate RISE event (Retention, Insights, Solutions, Engagement) brought together research, expertise and practical solutions, supported by industry speakers Dr Paul Bedford, retention specialist and David Minton, CEO of The Leisure Database Company (TLDC)
Features
Group Exercise
We look at the current group exercise landscape and ask what’s likely to be trending in the year ahead, as well as tactics club operators can use to improve their results
Features
EHFF 2019
The sixth European Health & Fitness Forum (EHFF), will take place on 3 April 2019 in Cologne, Germany, the day before the start of FIBO. HCM gives a sneak preview
Features
Retention
Getting retention right is the key to success in gyms with memberships. Paul Bedford has turned retention into a science. We share case studies and top tips from the latest retention research
Features
Sweating the details
The ubiquity of screens offers our sector greater reach than ever before. The challenge is to find creative solutions to transform this perceived threat into an opportunity
Features
Retail
Years ago, gym retail meant a small selection of basic products sold behind a counter. Now retail can turn more profit more than anywhere else in the gym, with opportunities in activewear, supplements and specialised gym equipment. We look at what’s working according to three industry experts
Features
Training
The UK’s first hotel with high altitude rooms has opened its doors, hot on the heels of the launch of a hypoxic chamber at the new Third Space in London. Is altitude training heading for the mainstream? Kath Hudson reports
Features
Wellness
Our industry needs to get older people significantly more active if the UK is to avoid a major crisis in social care, says a new report. Abi Harris explains what the key findings mean for you
Features
Trends
Is going sub-zero the next big thing in health clubs? We take a closer look at the benefits of cryotherapy and some of the options on offer if you’re thinking of making the leap into the big chill
Features
People
We’re seeing more big box gyms opening boutique-style offerings within their clubs. The question is, can they be good at delivering one thing when they have all the other gym operations to deliver? Because let’s be honest – if they can do that, our concept is in trouble!
People
It would be suicidal to start from scratch today, in this hyper-competitive industry, but back in 1985, people flocked to us. All we heard was: ‘A health club? Oh my gosh, what’s that?
People
The new FIBO CAMPUS will have 13 themed sessions, ranging from fitness and health through personnel management to digitisation, offering a line-up for visitors – be they gym operators, physiotherapists or trainers
People
A couple of years ago, I attended a women’s leadership summit at IHRSA. I really enjoyed being in a room with female business leaders and left inspired to do more of that kind of activity, but couldn’t find an outlet
People
I don’t think there’s a better way to shred fat and build definition than via group exercise kickboxing/boxing and more importantly, it’s flat-out super fun
People
In London, people are familiar with the boutique concept, but elsewhere it’s still relatively new, so initially it was a challenge to educate people in Manchester about our benefits, when they were used to paying budget club prices
People
The capitalist model may create wealth in the short term, but if it doesn’t address the broader issue of serving society, it risks losing its licence to operate. If inequality grows, that might force more difficult change
People
We’ll be opening our own fitness studios, offering a mixture of group and personal training, and bringing our own consumer products to market via a new partnership with Moda Living
People
As an operator, you need to pick your price point and do what you can for that, but do it really well. We have great quality facilities, but what we offer isn’t luxury
People
Promotional Feature
Promotional feature
Star Trac’s FreeRunner delivers a revolutionary running experience, while cutting costs for owners
Job search
POST YOUR JOB
Featured supplier news
Featured supplier: Harlands' effective solutions deliver improved income
Managing memberships and admin can be time and resource intensive taking your staff away from what they do best – engaging with customers.
Featured supplier news
Featured supplier: Chief medical officer announced as Elevate 2019 keynote speaker
The UK Government’s chief medical officer, Professor Dame Sally Davies, will be a keynote speaker at the Elevate Thought Leaders’ conference.
Video Gallery
Harlands Group testimonial
Harlands Group
Harlands Group - Testimonial from 'Unity Leisure'. Read more
More videos:
Company profiles
Company profile: Taylor Made Designs
Taylor Made Designs (TMD) supplies all manner of uniform, workwear, performance clothing, PPE and branded ...
Company profiles
Company profile: Technogym
Founded in 1983, Technogym is a world leading international supplier of technology and design-driven products ...
Catalogue Gallery
Click on a catalogue to view it online
Directory
Member access schemes
Move GB: Member access schemes
Locking solutions
Ojmar: Locking solutions
Architects/designers
Zynk Design Consultants: Architects/designers
Spa software
SpaBooker: Spa software
Management software
SportSoft UK Ltd: Management software
Audio visual
Lightmasters UK Ltd: Audio visual
Direct debit solutions
Harlands Group: Direct debit solutions
Lockers/interior design
Craftsman Quality Lockers Ltd: Lockers/interior design
Corporate retreats
Barcelona Bootcamp: Corporate retreats
Flooring
Total Vibration Solutions Ltd: Flooring
Property & Tenders
Waterlooville Hampshire
Horizon Leisure Centres
Property & Tenders
High Lodge, Thetford Forest
Forestry Commission
Property & Tenders
Diary dates
27-28 Feb 2019
Chesford Grange, Kenilworth, United Kingdom
Diary dates
07-09 Mar 2019
Shanghai New International Expo Center, Shanghai, China
Diary dates
Active IQ
Active IQ