Buzz Bingo 38 Alice Street Keighley West Yorkshire BD21 3DA

Buzz Bingo
38 Alice Street
Keighley
West Yorkshire
BD21 3DA

Freehold Leisure Investment

Let to Buzz Entertainment Ltd (formerly Gala Bingo Ltd) on a new 5 year lease (subject to option)
Town centre location
Development opportunity (subject to consents)
Approximate site area 0.393 acres (0.159 hectares)

Lot
45
Auction
26th March 2020
Rent
£40,000 per Annum Exclusive
Status
Sold
Price
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
Marble Arch
London W1H 7TN
On behalf of Buzz Bingo

Important Update Interested?

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Freehold Leisure Investment

Let to Buzz Entertainment Ltd (formerly Gala Bingo Ltd) on a new 5 year lease (subject to option)
Town centre location
Development opportunity (subject to consents)
Approximate site area 0.393 acres (0.159 hectares)

Lot 45
Auction 26th March 2020
Rent £40,000 per Annum Exclusive
Status Sold
Price
Sector
Leisure
Auction Venue
The Montcalm Hotel
2 Wallenberg Place
Marble Arch
London W1H 7TN
On behalf of Buzz Bingo

Property Information

Location

Miles: 11 miles north-west of Bradford; 18 miles north-west of Leeds; 36 miles north-east of Manchester
Roads: A629, A6035, A650
Rail: Keighley Rail
Air: Leeds Bradford International Airport

Situation

Keighley is a busy West Yorkshire town located 11 miles north-west of Bradford. The property occupies a prominent corner position in the town centre on Alice Street at its junction with Lord Street, adjacent to the A629. The Queensway Airedale Shopping Centre is located approximately 100m south of the property, with other nearby occupiers including a Sainsbury's superstore and JD Wetherspoon.

Tenure

Freehold.

Location

Miles: 11 miles north-west of Bradford; 18 miles north-west of Leeds; 36 miles north-east of Manchester
Roads: A629, A6035, A650
Rail: Keighley Rail
Air: Leeds Bradford International Airport

Situation

Tenure

Freehold.

Description

The property comprises a bingo hall currently arranged to provide leisure accommodation on ground and first floors with ancillary at basement level. The property benefits from a site area of 0.393 acres (0.159 hectares).

VAT

VAT is not applicable to this lot.

EPC

Available at acuitus.co.uk

Description

VAT

VAT is not applicable to this lot.

EPC

Available at acuitus.co.uk

Tenancy & Accommodation

Floor	Use	Floor Areas (Approx)		Tenant	Term	Rent p.a.x.	Reversion
Ground Basement First Balcony	Bingo Hall	1,165.00 sq m 75.62 sq m 328.04 sq m 368.36 sq m	(12,540 sq ft) (814 sq ft) (3,531 sq ft) (3,965 sq ft)	BUZZ ENTERTAINMENT LIMITED (1)	5 years from completion of the sale (2)	£40,000	April 2025
Total		1,937.00 sq m	(20,850 sq ft)			£40,000

(1) Buzz Bingo is the largest retail bingo operator in the United Kingdom. With a nationwide network of 119 bingo clubs, they provide a range of leisure activities including bingo, gaming machines and food & beverages (Source: www.buzzgroupltd.co.uk 17/02/2020).
(2) The lease provides a rolling tenant option to determine after the 3rd anniversary of the term, subject to 6 months' notice.

If you are the successful bidder, Acuitus requires a separate payment of £1,500+VAT as a buyer's administration charge payable to Acuitus Limited upon exchange of contracts. A VAT receipt will be provided upon payment.