Opportunity to acquire 7 operational cinemas and 1 closed classic cinema on an individual or package basis. The operational Cinemas will be sold as Transfer of Going Concerns, and will provide a rare chance for existing operators to add to their estate, or can act as a platform for parties to enter the sector. The fully operational London-based head office will be offered as part of the sale. The assets are strategically located across the UK in Bath, Cheltenham, Birmingham, Clydebank, High Wycombe, Ipswich, Sutton and Sutton Coldfield and are available to purchase as either a single portfolio, individual sites, or a combination thereof. The assets are available on a variety of tenures with freeholds, long leaseholds, and occupational leaseholds, providing buyers a fantastic opportunity to leverage some of the real estate post-acquisition. In addition to the cinemas, the fully operational head office in Leicester Square will be offered as part of the sale, which is on a peppercorn rent for the next three years.
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