Ultimate Leisures next club will open in east Belfasts Odyssey Arena.
The Odyssey is home to the Belfast Giants ice-hockey team.
The Newcastle-based company says its preference for freeholds protects it from leasehold nasties, such as rent hikes and high fixed costs.
The Investment Column in The Independent says its sites could prove useful fodder if it ever wanted to raise capital in a hurry.
Financial Times 29/10/02 page 20 (Observer)
The Independent 29/10/02 page 22 (The Investment Column)
