Description

JOIN THE PLAYSPORT REVOLUTION

Playsport has been acquired by Investors Steve and Alison Timoney, who have been involved with basketball for many years.

The Timoney’s have recently acquired the Glasgow Rocks and have re-braded the basketball team as the Caledonia Gladiators, both for the men’s and women’s teams. Playsport has been purchased to provide a home venue for the Caledonia Gladiators, who are the only Scottish team within the professional British Basketball League.

The Timoney’s plans for Playsport are very exciting and are currently in progress.  A new 1,800 seater sports arena and fan zone has just been completed. In addition, a new state of the art purpose built 6,000 seater arena will be constructed, together with a 5 court practice community facility, all of which are due to be completed in 2026.

Playsport also provides a leisure destination in its own right. With a golf course, driving range, American Golf retail store, Anytime Fitness, Football Centre and Lollipop Land Children’s Play Venue. The centre provides one of the main bespoke leisure destinations with Scotland and is ideal for sports retailing.

LOCATION

Playsport is situated within a highly accessible trading location, close to the main motorway network serving central Scotland. There is an approximate 2.5 million catchment population within a 60 minute drive time and 1.8 million catchment population within a 30 minute drive time.

Specifically, Playsport is situated immediately adjacent to the Kingsgate Shopping/Retail Park, accessed directly from Stewartfield Way.

ACCOMMODATION

We are delighted to offer sports retail users well-proportioned units within the upper level at Playsport.

The space is immediately adjacent to American Golf which, we understand, is one of the highest turnover American Golf retail outlets within the United Kingdom.

The unit extends to 3,000 sq. ft., but can easily be partitioned to provide smaller retail units, depending on requirements.

Units of 1,000 sq. ft. to 5,800 sq. ft. can be accommodated.

RATEABLE VALUE

The premises are currently a shell and have not been assessed for rates. The Assessor will designate a Rateable Value for the premises on completion of the tenant’s works.

TERMS AND THE OPPORTUNITY

The premises have been placed on the market at Offers Over £12.50 per sq. ft. In addition, there will be a Service Charge payable, which is estimated at approximately £3.25 per sq. ft. Playsport is ideal for sports orientated retail users that may include cycling, skiing, football, rugby, outdoor pursuits or other specialised sports retailers. In addition, the larger unit would be suitable for general leisure uses.

Leases are envisaged for a period of 5 or 10 years and are to be set on standard commercial terms.

ANTI MONEY LAUNDERING

The Money Laundering, Terrorist Financing and Transfer of Funds (Information on the Payer) Regulations 2017, came into force on the 26th June 2017. This now requires us to conduce due diligence on property purchasers. Once an offer has been accepted, the prospective purchaser(s) will need to provide, as a minimum, proof of identity and residence.

Floor Plans

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Dataroom

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