Property briefs
- Cardiff is still seeing a booming trade in the leisure sector.
The 20,000sq ft Millennium Plaza in the Welsh capital now boasts a 14-screen Ster Century cinema and a mixture of bars including Regent Inns' Bar Risa, Surfers and Jongleurs and a Jumpin' Jaks. The site still has some lower ground and smaller units to let to operators. Delancey's agency is handling the remaining space. Contact it on 020 7409 2474.
Meanwhile, property agent James A Baker says that there are signs that local operators are beginning to seek out city centre sites. The agent is currently marketing two sites Blah Blahs and Re:treat lounge in St Mary Street, which is over 12,000sq ft and has capacity for 1,045 people. The site is available for a leasehold of £175,000. Call the agent on 01225 789343.
Druce Hotels & Leisure, the Birmingham-based agent, has opened a new office in Sheffield. The agent has been operating in the West Midlands since 1994. Call the Sheffield office on 0114 274 7575.
JW Lees has invested half a million pounds to refurbish its former Hardy's pub in Chorlton, Manchester. The bar has been redesigned as a traditional bar with a contemporary twist and will revert to its old name of Lloyds. The new site now has a private function room, which can accommodate up to 50 people, with a plasma screen, powerpoint facilities and a bar.
Robert Barry & Co has expanded its Manchester office and has moved to new offices in the city centre. The agent has already reported record business sales in the area in the first quarter of the year. The new office is now on Mosley Street in Manchester. Call 0161 233 4444.
Speymill Contracts, the leisure and hotel division of AIM-listed the Wigmore Group Plc, is to start work for Regent Inns on its Walkabout brand situated in central Plymouth. The project comprises a new developers shell with a contract period of 13 weeks and is valued at approximately at £500,000.
The Three Horseshoes in Marlow, Buckinghamshire, has been sold through agent Fleurets for £45,000 for the leasehold. The Rebellion Beer Company has taken on the lease of the property with plans to continue running it as a local pub, serving a broad range of beer and ales. Rebellion plans to inject some capital into the business to fund a minor refurbishment and hopes to improve turnover in the site.
Three new leisure developments with a combined value of £160m have been agreed for Southampton city centre. The Northern Above Bar scheme, which has been labelled Southampton's "cultural quarter" will boast a 4,000sq ft mezzanine level which will have a range of bars and cafés. The West Quay development will host large-scale performance events and an Olympic-sized ice rink with a 5,000-capacity, while the Charlotte Place roundabout development will see a new hotel for the city.
For a comprehensive search of available properties to suit your needs and budget click "/properties">here.
