ÉNERGIE FITNESS WEIGHS IN AT STOCKTON-ON-TEES
A new énergie Fitness gym is to open at Wellington Square shopping centre in Stockton-on-Tees following a deal with Stessa Leisure.
The Newcastle-based health club group signed a new 10-year lease on the unit at a commencing rent of £40,000 per annum. The group is acquiring franchises and new space for gyms trading under the énergie brand in the North East. This will be its fourth site, with ambitions to grow to at least 10 in the next five years.
The new 7,000 sq ft gym will occupy just over half of the space formerly occupied by a Lidl supermarket, which closed on lease expiry 12 months ago to relocate to a larger store. Planning for D2 leisure use on the vacant unit was secured earlier this year.
HRH Retail jointly represented Wellington Square owner Lunar Stockton in the deal and is negotiating with potential occupiers on the remaining 6,500 sq ft.