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Blackpool arcade for sale

 


Associated Property Investors has put the 90,500 sq ft Coral Island amusement arcade in Blackpool, Lancashire, up for sale for £21.5m, reflecting a 7.65% initial yield.


 


The arcade, which occupies a 1.8-acre site, is let to leisure operator Leaguenotion until 2025.


 


It pays £1.6m pa rent.


 


King Sturge is advising.


 


annabel.dixon@estatesgazette.com

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