Tenants Invest in Tower Park
Capital & Regional plc
04 August 2006
4 August 2006
CAPITAL & REGIONAL PLC
Tenants invest in Tower Park, Poole, following
£5.5M MAKEOVER
X-Leisure recently celebrated the completion of its extensive £5.5 million
extension and modernisation work at Tower Park Leisure Park in Poole, Dorset.
X-Leisure extended Tower Park with the construction of a 16,000 sq ft plaza of
restaurants that has been fully let to KFC, Nandos, TGI Fridays and Flame
Oriental Chinese Buffet.
On the back of X-Leisure's extensive investment, Bowlplex have just completed a
£1.5m refit of their unit at Tower Park. A local company with a significant
national presence, Bowlplex now has 16 bowling centres across the UK. With its
head office less than five miles away, Bowlplex views its Tower Park unit as the
flagship destination.
In addition, LA Fitness has just opened a new 16,660 sq ft health and fitness
centre. Occupying a previously vacant unit on the park, the unit has been taken
on a 25-year lease.
The refurbishment works, completed by ROK, also included the demolition of the
Old Splashdown Tower (part of the water park) and the construction of a new
state-of-the-art Dragon Flume Ride - a 90-metre flume with sound and light
effects.
PY Gerbeau, Chief Executive of X-Leisure, comments:
"Tower Park is an important element in our portfolio of leisure destinations.
One of the UK's very first integrated leisure park destinations to open, Tower
Park has enjoyed continued success since it first opened in 1989. However, it
was definitely time to modernise the Park, and the major refurbishment has
created exciting new facilities and a fresh 'front of house' image.
The introduction of a variety of new restaurants, a thrilling new water ride,
the refurbishment of Bowlplex and the opening of LA Fitness, enhances the
all-weather facilities for visitors and confirms Tower Park's status as the
leading family fun destination in the region."
For further information, please contact:
Hudson Sandler
Michael Sandler Tel: 020 7796 4133
Redwood Consulting
Paul Haines/Clare Duffy/Debbie Cracknell Tel: 020 7828 5553
Notes to Editors:
Tower Park in Poole is the largest entertainment destination on the south coast,
offering 200,000 sq ft of leisure and dining facilities anchored by the
Splashdown Waterpark which offers 12 indoor and outdoor water rides, a 10-screen
multiplex cinema, a 30-lane Bowlplex centre and a Gala Bingo club.
X-Leisure is the UK's fastest growing premier leisure brand, with 23 major
leisure destinations around the UK including the award-winning Xscape
attractions at Milton Keynes, Castleford Leeds, and the new Xscape Braehead
Glasgow. Other prestigious destinations within the portfolio include Brighton
Marina, 02 Centre London and West India Quay, London Docklands.
With a passion for providing the very best and most innovative family leisure
and entertainment attractions, they are behind the UK's largest indoor real
snowslopes (Milton Keynes, Castleford Leeds and Braehead). More than 45 million
people visited X-Leisure attractions last year enjoying a wide range of
facilities from bowling, cinema and casinos to waterparks and extreme sports.
This information is provided by RNS
The company news service from the London Stock Exchange IXUGGGLS