Clearbell UK Strategic Trust (CST), a trust advised by Clearbell Capital, has made a £9m acquisition at Doncaster Leisure Park.
The trust has bought 39,603 sq ft at Doncaster Leisure Park from an institutional investor. The site comprises a VUE cinema, and two restaurant units let to Nando’s and Pizza Express.
It is located adjacent to the recently developed Herten Triangle which includes TGI Fridays, Taco Bell and Burger King and the Doncaster Racecourse. The acquisition aims to take advantage of rebounding leisure and hospitality footfall following the lifting of pandemic restrictions.
Rob Cole, investment manager at Clearbell Capital LLP, said: “UK property continues to bounce back strongly following the pandemic. Occupier demand for leisure in strategic locations is growing, whilst yields remain attractive with relatively few leisure opportunities trading.”
, a trust advised by Clearbell Capital, has made a £9m acquisition at Doncaster Leisure Park.){kind=link}