Hong Kong’s Physical gym chain sued for HK$6.73 million over alleged unpaid rent
MTR Corporation takes recently closed company to court over alleged failure to pay rent and other charges at Sha Tin branch
The High Court writ, seen by the Post on Wednesday, referred to a tenancy agreement dated May 2023 stating the lease was due to expire on March 31, 2026.
The company initially deposited HK$5.45 million, which was equivalent to triple the monthly rent, management fee and air-conditioning charge, and provided a bank guarantee of the same amount.
“Wrongfully and in breach of the tenancy agreement, the defendant failed, refused or neglected to settle the arrears of monthly basic rent, management expenses, air-conditioning charge, promotion fee, additional air-conditioning charge and rates in respect of the premises since June 2024,” the court filing said.
The MTR Corp also claimed damages for the remaining term of the tenancy agreement, and additional rent that was due if the fitness chain failed to vacate the premises by the end of this month.