| Transaction | Sale & Leaseback – January 2007 |
|---|---|
| Summary | The portfolio comprises Vue's flagship cinema in Leicester Square, WC1, cinemas in Cambridge, Doncaster, York and Accrington, and a development opportunity in Bury. |
| Size | 6,271 sq m (67,500 sq ft) |
| Tenure | Freehold & Leasehold |
| Tenancies | All properties are let to Vue Entertainment Ltd. With the exception of Leicester Square, the investment properties are let on 15-year leases. Leicester Square is let on a 29-year lease on account of its short leasehold tenure. The Bury redevelopment is let on a 3-year lease. |
| Price | £71,100,000 |
| Client | VUE |
