Colliers gets into shape with new fitness deal

COLLIERS International has advised on the completion of a new letting at One Snow Hill Plaza in Birmingham to a fitness company.

The property agents’ Licensed & Leisure in Birmingham worked with Pure Gym to secure the deal.

The ‘no frills’ fitness club brand has taken a 17,500 sq ft unit on the ground and first floor of the building, which is home to the 133-bedroom Royal Angus Hotel, which earlier this year lodged a planning application to double the capacity of the hotel to 226 rooms by adding a further two storeys to the building.

Paul Hands, director, Licensed & Leisure, Colliers International in Birmingham, said: “Acting on behalf of the landlord, Horseferry Developments, which is a subsidiary of Downing Private Equity, we are pleased to have secured a leisure operator for the site that will help to maximise the potential of The Royal Angus Hotel.”

The improvements to One Snow Hill Plaza are in line with the £600m Big City Plan launched by Birmingham City Council last year with the aim of transforming the area around Snow Hill Station leading to the creation of new offices, residential accommodation and public space over the next 20 years.
 
 

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