At this challenging time we appreciate that owners and operators need information in order to understand their options. Fleurets remain available by email and telephone, and continue to provide all our usual advisory and transactional services, as we work together to support your business’s needs.
Leisure property specialist Fleurets has brought the former Rex Nightclub in Stratford to the market on behalf of the landlords, London Borough of Newham. The property, a former theatre dating back to the Victorian era, it was built in the late 1800s and opened in 1896 as the Borough Theatre & Opera House. Actors including Herbert Beerbohm Tree, Henry Irving and Ellen Terry appeared at the venue.
The building has seen many uses over the years including as a bingo hall, cinema and most recently as a nightclub. Arranged over five floors totalling nearly 40,000sq ft, the building provides a main auditorium with tiered seating and stage along with numerous bars, lounges and a large dance floor.
Fleurets are now seeking a tenant to take a new lease of this landmark property and bring it back into use. "The property is rich in history', says Rosie Hallam of Fleurets. It has seen many uses over the years and now represents a rare opportunity for an ambitious leisure operator to acquire a key site in the evolving east London suburb of Stratford. The area has changed considerably since London hosted the Olympics with large scale investment and regeneration being undertaken in the area. This property has a lot of potential and we are confident that its proximity to the former Olympic village and the Uni¬versity of East London, Stratford Campus will be a great benefit to the ingoing tenant."
Rental offers are invited for the leasehold interest on the basis of a new 15 year lease with no premium payable.
For further information on Fleurets please contact:
T. 020 7280 4700