NewRiver signs The Gym in Bexleyheath

The Gym opens at the Broadway shopping centre,

Low-cost fitness brand The Gym has opened in a new 12,900 -sq ft unit at NewRiver’s Broadway shopping centre in Bexleyheath. The Gym will operate from a created by converting a previously vacant storage area on the second floor of the shopping centre, and will be accessible 24 hours a day.

The Gym was founded in 2007 and is now one of the largest low-cost gym brands in the UK, operating over 150 gyms across the country, and this opening marks its first gym in the NewRiver portfolio. NewRiver has gyms across eight other sites in its portfolio and, with conveniently-located assets in the heart of communities throughout the UK, is well-positioned to benefit further from the continued growth of the low-cost gyms sub-sector.

NewRiver director Stuart Mitchellsaid: “The Gym provides greater choice and convenience for the local community. Our active approach to asset management has seen us convert a previously vacant area used for storage back into rentable space, and deliver a 12,900 sq ft unit to a best-in class operator in line with its specifications, on time and below budget.”

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