Hilton has confirmed it is considering an unsolicited offer for its Australian health and fitness clubs, but denied rumours it was looking to sell the entire 120-strong LivingWell chain.

LivingWell has 86 UK fitness clubs, and the entire chain is valued at £80m.

Clerkenwell Ventures, set up last year by the directors of Clapham House Group, has been named as a potential suitor.

Clerkenwell co-founder Paul Campbell declined to comment on the Hilton rumours but agreed LivingWell's top-end market position and contract-based element made it the sort of business the company would be interested in.

Clerkenwell is currently in talks for a hotel purchase.

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