Buzz Bingo Kingsbury Road, Birmingham

Acquired on behalf of Columbia Threadneedle - Prime Leisure Investment let to Buzz Bingo Ltd and The Gym Group Ltd. FRI Lease to Buzz Bingo Ltd with an unexpired term of 16.5 years, benefiting from annual RPI uplifts collared and capped at 1% and 4%. The property extends 42,816 sq ft (3,978 sq m) on a 3.51 acre (1.42 hectares) site and benefits from a strong alternative use underwrite.