Otium Real Estate’s Major Leisure Letting In Wigan

Fladgate LLP has advised Otium Real Estate on the re-letting of the ex-Buzz Bingo unit on Robin Leisure Park Anjou Boulevard Wigan.

Following a CVA in August 2020, Buzz Bingo, an anchor tenant of the park, Otium has re-let Unit 4 (25,353 sqft) on a new 15 year lease to Club 3000 Bingo, the 3rd largest operator in the UK which has 20 bingo clubs. Club 3000 Bingo will be taking possession in November and is investing £1.5m in a complete refurbishment of the unit. Club 3000 Bingo will be a significant new employer in the Wigan area, creating 40 jobs, supporting the local economy.

This will be the first Buzz unit re-let in the UK and the transaction was completed in strict confidence within a 4 week timescale.

The Fladgate team comprised head of real estate Stephen Lewis (Picture) and real estate senior associate Roland Brandman. Tees Law acted for the tenant.

Involved fees earner: Roland Brandman – Fladgate LLP; Stephen Lewis – Fladgate LLP;

Law Firms: Fladgate LLP;

Clients: Otium Real Estate;