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Transactions
Below are some of the transactions where C J White Associates Ltd has played a key role.
Reel Time Portfolio sells to Luxury Leisure (Subsidiary of Novomatic)
Specialist leisure agency C J White Associates Ltd have secured the sale of this portfolio of 5 Adult Gaming Centre’s to Luxury Leisure Talarius, trading as Admiral and part of the Novomatic UK Group, a national operator in the sector.
Crown Leisure acquire Olympia Amusements, Thornton-Cleveleys
Specialist leisure agency C J White Associates Ltd have secured the sale of Olympia Buildings, Buildings, 1-7, Rough Lea Rd, Thornton, Cleveleys, Thornton-Cleveleys, FY5 1DA to Crown Leisure, a national amusement operator, off an asking price of £1.3m. C J White Associates Ltd advised the vendor.
Secured a new site for Club 3000 within Ocean Terminal, Edinburgh
Specialist leisure agency C J White Associates Ltd have secured a new 20-year lease for Club 3000 Bingo, within Ocean Terminal Shopping Centre, Edinburgh. The new club will be situated at ground floor level, provides free car parking and has the tram stop and bus stops located opposite the entrance.
Escapade acquires Watermouth Castle, Ilfracombe
Specialist leisure agency C J White Associates Ltd have secured the acquisition of Watermouth Castle, a leading freehold visitor attraction and holiday accommodation business in North Devon.
Wickwoods Hotel and Spa sells to David Lloyd Leisure Ltd.
Specialist leisure agency C J White Associates Ltd have secured the sale of Country Clubs (U.K) Limited which controls the freehold interest in Wickwoods Hotel and Spa in West Sussex to David Lloyd Leisure Ltd (DLL).
Triangle Amusements acquire Britannia Pier, Great Yarmouth.
Specialist leisure agency C J White Associates Ltd have secured the purchase of Britannia Pier, Great Yarmouth to Triangle Amusements Ltd, an established FEC operator in Great Yarmouth from Family Amusements Ltd.
The 551 ft pier is prominently positioned directly on the seafront on Great Yarmouth’s glorious and sandy Central Beach and is arguably the most eminently visible and renowned visitor attractor serving the Town. Retaining an air of Victorian splendour and providing an important historical leisure destination for the Town, Britannia Pier’s legacy dates to July 1858 when it originally opened.
Joseph Abbott and Joseph Manning, directors of Triangle Amusements Ltd said: “We are excited to be acquiring this historic pier and leisure attraction which we will be investing in significantly and intend to restore it into the prime attraction for the town.
Colin White who acted on behalf of the purchaser Triangle Amusements Ltd comments, “We are delighted that we have been able to secure the purchase of this historic pier and family entertainment centre for our client which was finalised off market.”
The 551 ft pier is prominently positioned directly on the seafront on Great Yarmouth’s glorious and sandy Central Beach and is arguably the most eminently visible and renowned visitor attractor serving the Town. Retaining an air of Victorian splendour and providing an important historical leisure destination for the Town, Britannia Pier’s legacy dates to July 1858 when it originally opened.
Joseph Abbott and Joseph Manning, directors of Triangle Amusements Ltd said: “We are excited to be acquiring this historic pier and leisure attraction which we will be investing in significantly and intend to restore it into the prime attraction for the town.
Colin White who acted on behalf of the purchaser Triangle Amusements Ltd comments, “We are delighted that we have been able to secure the purchase of this historic pier and family entertainment centre for our client which was finalised off market.”
Moretons in Torquay sold to Luxury Leisure (Novamatic)
Specialist leisure agency, C J White Associates Ltd, managed the marketing of this business which was purchased by Luxury Leisure in an off market deal.
Ten Entertainment Strikes again in Harlow
Specialist leisure agency C J White Associates Ltd have secured the sale of Harlow Bowl to the market leading Ten Entertainment who trade as Tenpin. As part of the sale, a new 15 year lease was granted by the landlord at a rent of £40,000 per annum.
The 14-lane bowl, comprising about 17,000 sq ft was fully refurbished to a high standard in 2011 and is located on the second floor overlooking Harlow town centre.
The 14-lane bowl, comprising about 17,000 sq ft was fully refurbished to a high standard in 2011 and is located on the second floor overlooking Harlow town centre.
Secured a new site for Club 3000 in Blackpool
CJ White Associates have successfully negotiated a lease of this site for Bingo 3000 in Blackpool which is due to open in Spring 2023. Investment will be in excess of £4m.
Negotiated a New Lease for Pier Point Torquay Limited
C J White Associates advised Pier Point Torquay Limited in the negotiations with Torbay Economic Development Company Limited involving the surrender of the two existing leases of the restaurant and promenade gift shop expiring in 2049 and 2026 respectively, in exchange for a new 28 year lease of the whole premises.
Lease Negotiations Completed for Strikes Bowling Ltd, Woking
CJ White Associates advised Strikes Bowling Ltd in relation to the Planets, Crown Square, Woking leisure complex on securing a new temporary lease for the entire complex. We negotiated with the landlord, Mckays Securities PLC, who intend to redevelop the site in 2022, subject to planning. This has enabled our client to continue to trade whilst their new site in Victoria Square, Woking is being completed.
Acquired Golden Touch, Sheffield, for City Gaming Ltd to add to their growing portfolio
Acting on behalf of City Gaming Ltd, the UK's fastest growing operator of slots clubs and lounges operating as Game Nation, City Slots, Palace Amusements, Play2Win, Vegas Gold and under other brands, we have successfully acquired Golden Touch AGC in Sheffield to add to the other sites acquired in February 2021. These were acquired from SAL AGC Limited.
Lease Negotiations Completed for Kidspace, Romford
Acting on behalf of Kidspace Romford Ltd we negotiated a new 10 year lease of these premises to secure the future of this venue which also makes allowances for the trading interruption caused by Covid 19.
Acquired Southern City Leisure's portfolio for City Gaming Ltd
Acting on behalf of City Gaming Ltd, the UK's fastest growing operator of slots clubs and lounges operating as Game Nation, City Slots, Palace Amusements, Play2Win, Vegas Gold and under other brands, they have venues across London, the South East and the Midlands. We have successfully acquired Southern City Leisure portfolio trading as Golden Touch. This group of 11 AGC’s mostly located in Hampshire comprise a prime group of arcades
Lease Negotiations Completed for Atlantic Bowl, Altrincham
Acting on behalf of Stanhope House Leisure Ltd we negotiated a re-gearing of the lease with their landlord involving an extension of the lease combined with much improved rental terms to reflect the Covid 19 issues which will enable our client to weather the forced closure of the centre.
Lease Surrender Secured in Hunstanton
C J White Associates have negotiated a surrender of the fish and chip and retail unit on behalf of the landlord, C.H.S. (Amusements) Ltd forming part of the CHS Family Entertainment Centre. The landlord plans to refurbish the units and incorporate the space into the FEC.
Lease Negotiation for the Relocation of The Big Apple FEC in Woking
CJ White Associates acted for South of England Leisure Ltd who are a national tenpin bowling and FEC operator to secure a new 15 year lease of the Red Car Park Site, Woking subject to completion of the purpose built development with car park above which is underway to house the relocation of the Big Apple, Woking. We negotiated the new lease with Victoria Square Woking Limited who are investing in the town centre retail offering. The FEC is due to open in late 2021.
Cosmo Bingo, Eccles, Manchester sold to Boyle Sports (UK) Ltd
Specialist leisure agency, C J White Associates Ltd, managed the marketing of this business which was purchased by Boyle Sports (UK)Ltd off an asking price of £1.75 million.
Halls Arcade, Chapel St Leonards, Skegness sold to Independant Operator
C J White Associates have successfully sold yet another Family Entertainment Centre which was purchased by an independent operator off an asking price of £950,000.
AGC in Hastings, East Sussex sold to The Godden Gaming Organisation
Specialist leisure agency, C J White Associates Ltd, managed the marketing of this business which was purchased by The Godden Gaming Organisation Limited off an asking price of £895,000.
Cosmo Bingo, Stalybridge, Greater Manchester Sold to Boyle Sports (UK) Ltd
Specialist leisure agency, C J White Associates Ltd, managed the marketing of this business which was purchased by Boyle Sports (UK)Ltd off an asking price of £1.75 million.
Jubilee Leisure Park, Thornton-Cleveleys, Lancashire leased to JD Gyms
C J White Associates Ltd, successfully marketed this leisure space located on the Jubilee Leisure Park in the suburbs of Blackpool and secured a letting to JD Gyms which will be their 25th site in their portfolio opening later this year. The property extends to approximately 1,852 (19,935 sq ft) sq ft gross internal area on ground and mezzanine floors and is located adjacent to the Vue cinema. The premises were let close to the asking rent of £95,000 pa.
Fortunes Casino Slots, Eastbourne, sold to Luxury Leisure Ltd
Specialist leisure agency, C J White Associates Ltd, managed the marketing of this business which was purchased by Luxury Leisure Ltd off an asking price of £575,000.
Hounslow Heath Golf Club Acquired for Hobbledown (Hounslow) Ltd
We have successfully acquired for Hobbledown (Hounslow) Ltd a long leasehold interest in this golf course site which has planning consent to develop an indoor and outdoor children’s play centre which will be known as Hobbledown Heath (http://hobblersheath.com/) to add to the existing and very successful Hobbledown in Epsom. This client also operates Kidspace indoor children’s soft play in Croydon and Romford. The company will be investing in the order of £11m to develop out the scheme which secured planning consent in 2017.
Secured a new site for Stanhope House Leisure Ltd in Altrincham
CJ White Associates have successfully negotiated a lease of this site for Stanhope House Leisure Ltd who have been looking to add to their existing 10 pin bowling centres in Mansfield and Chesterfield.
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