Property & Construction

Reading: Toys R Us at Gateway development to become UFC gym

Published by
TBM Team

Aberdeen Standard Investments has gained consent for a UFC gym in place of the former Toys R Us store at Reading Gateway.

Due to open in the first quarter of 2020, the gym will be operated by UFC Gym UK - an extension of the Ultimate Fighting Championship, the world's largest mixed martial arts company, which has taken a 15-year lease of the space.

Refurbishment of the 20,773 sq ft unit, as well an additional 10,000 sq ft at mezzanine level, is soon to start and will create UFC’s third club in the UK and a flagship health and fitness centre for Thames Valley. It will offer HIIT, boxing and martial art classes, with fitness equipment and a recovery area.

Nando’s has also signed a 20-year lease on a unit of 4,009 sq ft, which is due to open at the retail park on January 23.

Peter Tomley, deputy fund manager at Aberdeen Standard Investments, said: “These two lettings cement the creation of an exciting, major mixed-use scheme in Reading. The addition of UFC and Nando’s, alongside the existing occupiers, including Premier Inn, Costa Coffee, Burger King, Wren Kitchens, Schmidt Kitchens and Todd Doors, creates a fantastic mix of leisure, F&B and home retailing at the park that will only continue to improve the scheme’s appeal.”

There is one unit of 4,475 sq ft remaining to be let at Reading Gateway out of a scheme of 191,000 sq ft.

Source: CoStar

TBM Team

Recent Posts

Magnificent 7: Property Law Firms in the Thames Valley

Property law firms play a pivotal role in facilitating smooth real estate transactions and resolving…

15 hours ago

Henley Festival pens five-year agreement with Royal Regatta

Henley Festival and Henley Royal Regatta are set to continue their partnership after signing a…

18 hours ago

Bicester’s Everrati partners with luxury Dubai car brand W Motors

Everrati, a Bicester manufacturer of electric vehicle powertrains, has entered into a strategic partnership with…

24 hours ago

Merlin Entertainments appoints its first chief marketing officer

Merlin Entertainments, which oversees 140 global attractions across 23 countries from its base in Poole,…

24 hours ago

Berkshire’s Beans Coffee Club nears £80k fundraising target

A Bracknell business looking to make freshly roasted coffee accessible to a wider market has…

24 hours ago

New hire to lead Evelyn Partners’ financial planning team in Bournemouth

Wealth management and professional services group Evelyn Partners has appointed Danielle Pearce as a financial…

24 hours ago