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Manchester’s luxury £225-a-month gym has shut down after just one year

Daisy Jackson Daisy Jackson - 17th June 2022

GSquared, the state-of-the-art gym that charged up to £225 per month for memberships, has closed for good.

The high-tech fitness facility took over a 12,000 sq ft space in the vaults of the Royal Exchange Arcade last year.

It quickly gained a lot of attention thanks to its facilities, including a climbing wall, a running track, and assault course.

It also set tongues wagging with its membership options, among the most expensive in the region.

GSquared in the Royal Exchange building has closed. Credit: GSquared

Prices started at £95 per month, with the Platinum Plus membership coming in at £225 per month.

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GSquared promised to limit memberships to just 800 people, though the huge space had capacity for 3000 members.

In a statement sent to members, the ultra-modern gym confirmed that just over a year after launching, it’s closing for good.

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They wrote: “It’s with a very heavy heart and deep regret that we inform you that as of this evening GSquared Health Clubs will be closing permanently.

“Over the past few months we have been hit with a multitude of challenges that as a team we did our absolute best to field, manage, and recover from.

Read more: Manchester United legend Paul Scholes opens £500k Oldham gym with his children

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“This was on the back of an already challenging start to GSQUARED’S life given the setbacks we also incurred as we recovered out of the lockdown.

“We honestly gave this our best and to have let down you, our members, doesn’t feel good at all. Certain factors were somewhat out of our control, but we ultimately take responsibility for these unforeseen events.”

GSquared has now deleted all its social media accounts.

Featured image: GSquared