Tenants include The Restaurant Group (Chiquito, Frankie and Benny’s and Coast to Coast, Nando’s, Subway, Greene King (Hungry Horse) and The Gym Group.
The development also comprises an ice rink and an Empire Cinema which has recently been upgraded to provide an iMax offer.
PURCHASE
The property was purchased by Ediston on behalf of Tesco Pension Fund for £8.5m in February 2014.
ACHIEVEMENTS
- Acquired the former Leisure World property from Capital and Regional off market for £8.5m.
- Secured 9 pre-lets, including 3 to The Restaurant Group. Others include the Gym Group, Greene King, Subway, Nando’s, Planet Ice and Empire Cinemas.
- Completed the complex refurbishment, reconfiguration and extension of the first phase in January 2015, and the Ice Rink refurbishment in February 2015.
- Empire Cinemas have regeared their lease, extended into the former Hot Shots bowling alley to provide a total of 13 screens including an iMax cinema.
