DCL Goes Walkabout
May 29, 2013
DCL the leisure specialists – has been appointed by Intertain to market the 12,700 sq ft Walkabout in Shepherds Bush, West London. The 1,150 capacity freehold premise, home to the popular Australian themed bar, currently has a licence until midnight.
Intertain – which was recently acquired by Barclays Ventures and a consortium of TPG Opportunities Partners and Goldman Sachs – is currently in the process of refurbishing its 35 outlets. The sale of this property is expected to finance this programme as well as funding further acquisitions.
Paul Tallentyre, Director at DCL commented: This is an excellent property in a fantastic location. As well as bar and pub operators we also expect to receive a great deal of interest from property developers who are looking to take advantage of the sites proximity to Westfield London. We hope to be able to announce a buyer later in the year (2013).