Greenalls plans chain of upmarket health clubs
Wednesday 20 May 1998
Greenalls plans to open its first centre in Cambridge next year on the site of an old British Telecom warehouse which will be given a pounds 4m facelift. The centre will be designed to cater for business people and professionals.
The group has another two sites in the pipeline and could build up to 10 large centres within the next three years. They are likely to be built on suburban greenfield sites.
The new concept will also be introduced at a number of city centre budget lodges which the group plans to open over the next few years.
Greenalls already runs the Village family leisure complexes and has sports facilities at its De Vere hotel chain but this will be the first time the group has opened a stand alone fitness chain.
Lord Daresbury, chief executive of Greenalls, said: "The whole health and fitness area has strong growth potential. We plan to concentrate on the upmarket end. There is also a strong market for people over 50 which has been left untapped."
Greenalls is also planning an aggressive expansion of its pub estate from its heartland in the North West and the Midlands, concentrating on growing its leading brands such as Millers Kitchen and Henry's Cafe Bar.
Overall the group plans to invest pounds 220m in the year to September opening 25 new sites. Greenalls will spend another pounds 200m the following year.
Investment Column, page 24
- 1 Man who held up 'hire me' sign at Waterloo station returns a year later with 'I'm hiring' sign
- 4 Tennis fan suing Australian Open organisers for 'failing to shade spectators' during Murray match
- 5 This crazy skiing video will leave you feeling queasy
Man who held up 'hire me' sign at Waterloo station returns a year later with 'I'm hiring' sign
Mother of newborn Baby No 59 trapped in sewer pipe told Chinese police she 'heard crying' when she raised alarm
Saudi preacher who 'raped and tortured' his five -year-old daughter to death is released after paying 'blood money'
AirAsia QZ8501: Black box reveals warning alarms 'screamed' before crash, as more bodies recovered from near fuselage of jet
Rob Lowe hits out at White House decision not to meet Israeli leader
British Muslim leaders outraged after Eric Pickles says followers of Islam should 'prove their identity'
UK terror fears: My jihadist son returned from Syria mentally scarred – now he is being ignored
Nigel Farage: NHS might have to be replaced by private health insurance
Billy Crystal: 'Stop shoving gay sex scenes in my face'
French court convicts three over homophobic tweets, in case hailed as a 'significant victory' by LGBT rights campaigners
David Cameron says anyone criticising Eric Pickles' letter to Muslims 'really has a problem'
iJobs Money & Business
Negotiable: Recruitment Genius: A Tax Assistant is required to join a leading ...
£16000 - £25000 per annum: Recruitment Genius: This is an exciting opportunity...
£45000 - £47000 per annum + bonus + benefits: Ashdown Group: Java Developer / ...
£35000 - £38000 per annum + Benefits: Ashdown Group: Marketing Manager - Marke...