London Leisure and Entertainment Property

The London entertainment and leisure catchment population approaches 10 million individuals who, on average, spend far, far more on leisure and entertainment than on food - and that takes no account of the massive spending power of tourists.

Leisure property was once perceived as a specialist investment sector, not for institutions. That has and is changing. Entertainment and leisure property is an increasingly important sector with high income, high value and potentially solid growth.

This briefing is about how to value leisure and entertainment property, how to maximise the income from it and how to maximise its value over the medium and long term.

Programme topics will include:

- Understanding the full range of leisure and entertainment properties and how they are valued
- Prime areas for different sub-sectors of leisure and entertainment and implications for rental values (including a review of sub-sector rental values and trends)
- Lease structures and terms to maximise values
- The all-important fitting out/tenants works provisions including satisfying fire and health and safety requirements.
- Rent review provisions
- How long a lease without the right to break?
- Evaluating the strength and acceptability of the tenant and the implications for value enhancement
- Funding London leisure and entertainment property - sources and terms
- Licencing and its implications for income and capital values
- Rating - how the rateable value impacts income and what can be done to improve the position
- Planning - often a hurdle but sometimes there is a positive planning gain
- Spotting opportunities in unused and undervalued space
- Putting it all together - the art of maximising value from leisure and entertainment property

Full documentation will be provided to all participants and adequate time made available for questions and discussion.