Orchard Street brings Roxy Ball Room to The Cornerhouse, Nottingham, with 21,000 sq ft letting
- Nottingham’s premier leisure destination will be home to Roxy’s largest venue in the UK -
Orchard Street Investment Management (‘Orchard Street’), the specialist commercial property investment manager, has signed a c.21,000 sq ft letting with leisure and entertainment specialist Roxy Ball Room (“Roxy”) at The Cornerhouse, Nottingham’s 200,000 sq ft premier leisure destination. The company has agreed to a twenty-year lease across the basement floor of the property, which will be home to Roxy’s second site in Nottingham, and its largest nationwide.
The venue, which opens its doors to the public on 11 June, will offer a range of leisure and gaming facilities, including tenpin and duckpin bowling, ping pong, shuffleboard, ice curling and a selection of karaoke rooms, in addition to a number of traditional arcade games.
The Cornerhouse is the only purpose-built leisure scheme in Nottingham; anchored by a 14-screen Cineworld, it offers 13 restaurants/bars, a nightclub, indoor adventure golf and a casino. Key food and beverage tenants include Nando’s, Wagamama and TGI Fridays, while Roxy will enhance the existing nightlife offerings provided by Revolution, Slug and Lettuce and Genting Casinos, amongst others.
Strategically located in Nottingham’s city centre, the asset benefits from nearby universities, shopping facilities at Victoria Centre and local theatres, attracted by The Cornerhouse’s offering which provides both day and night time leisure activities.
Fergus Egan, Partner at Orchard Street, commented: “The selection of The Cornerhouse as the location for Roxy Ball Room’s largest UK outlet is testament to the asset’s strong leisure proposition and central location, and Roxy’s exciting range of activities will further enhance its impressive offering. With lockdown restrictions easing and consumer confidence returning, we are seeing an increasing number of visitors return to The Cornerhouse, highlighting not only the enduring appeal of its vibrant tenant mix and diverse offerings, but also underlining how humans are inherently social creatures who thrive by doing things together.”
Matt Jones, Chief Executive Officer at Roxy, added: “After the success and warm reception to our first site in Nottingham we decided to open a second one here. We love this city and its amazing community and nightlife, and with The Cornerhouse being Nottingham’s number one leisure and entertainment destination, we think Roxy Ball Room will fit in perfectly here.”
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Orchard Street Investment Management
Established in 2004, Orchard Street Investment Management LLP is a leading specialist commercial property investment manager, focused on the UK market. It acts on behalf of institutional clients world-wide to advise on investing in and the active management of property assets, including industrial, retail warehouses, offices and shopping centres. Orchard Street currently has assets under management exceeding £4 billion.