The Gym Group Portfolio
For the past five years our building consultancy team have been working closely with one of the UK’s leading gym providers, The Gym Group, to help deliver their high-quality leisure spaces.
The portfolio has expanded rapidly in recent years, presently providing 150 gyms across the UK. RPS have provided support to The Gym on over 100 of their sites with the following service lines:
- Pre-acquisition surveys and advice to determine the feasibility of sites
- Technical due diligence reports for multi-site business acquisitions
- Advice on repair and maintenance obligations on potential acquisitions
- Schedules of condition to limit dilapidations liability
- Negotiation of landlord’s works prior to The Gym undertaking their fitout
- Project management and cost consultancy services for the full fitout of new sites and the refurbishment of the existing portfolio
Key details
Project name
The Gym Group portfolio
Client
The Gym Group
Location
National
Services provided
- Pre-acquisition technical due diligence
- Building surveying
- Project management
- Cost consultancy
Challenge
We were instructed to undertake a feasibility assessment of a potential new site situated on the ground floor of a multi-storey car park. The Landlord had sub-divided the floor plate into multiple units for retail / leisure use.
During our feasibility inspection we noted that the shell had not been adequately thermally insulated to meet Building Regulation requirements.
Solution
We advised our client that they would be unable to achieve building regulation compliance once their air conditioning system had been installed. We negotiated a six figure financial contribution from the landlord to offset the cost of insulating the premises in order to achieve compliance.
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