Wed, 27 Jun 2018 | ADMINISTRATION
Air Space Glasgow, Scotland’s first ever trampoline park, has been forced to close its doors after its owners appointed administrators to take over the business.
The £2 million centre, located in the South Lanarkshire town of East Kilbride, opened in 2014 and was considered Europe’s biggest freestyle jumping arena at the time.
The park was later bought by Oxygen Freejumping in 2017, but the owners claimed they failed to revamp and reinstate a consumer interest in the service after purchasing the unit. Following this, the company has also closed down Air Space’s Manchester branch.
CEO of Oxygen Freejumping David Stalker cited “the competitive local leisure market” as the reason for its downfall.
On the statement issued on the Air Space website, the park’s owners stated: “We were unable to rejuvenate our product and as a result our trading performance has become unsustainable and we have no choice but to close and place the respective sites into administration.”
All bookings from 26 June 2018 onwards will be fully refunded by the company.
Oxygen Freejumping has been taken over by new owners, and it is understood that the company will continue to operate.
Graham Simpson, Central Scotland Tory MSP, commented: “As far as I was aware [the park] was popular and ground-breaking at the time it opened. I hope that another viable use can be found for what is a big space.”
Explore an exceptional investment opportunity with Lincolnshire's leading country inn and restaurant, offering a seamless and profitable operation.
FREEHOLD
Charming village pub nestled in the picturesque Cotswolds offers a unique opportunity for potential buyers looking to invest in a thriving hospitality venture.
FREEHOLD
Seize the opportunity to own an impressive country house hotel nestled in the picturesque surroundings of Perth, Scotland.
Please choose your settings for this site below. For more information please read our Cookie Policy
These cookies are necessary for our website to function properly and provide you with access to all features.
These are analytics cookies that help us to improve the way our website works.
These are used to improve the functional performance of the website and make it easier for you to use.