Purchase of Oceana Club for AEW UK
October 1, 2012
Coffer Corporate Leisure has advised real estate investment managers AEW UK on the purchase of the Oceana Nightclub in Kingston Upon Thames. The freehold Grade II listed club was acquired from nightclub operator Luminar Group for a purchase price in the region of £7.5m and then leased back. Oceana Kingston is one of the UK's best performing nightclub businesses. The 38,792 sq ft comprises the Grand Vienna Ballroom, New York Disco and numerous VIP suites. Coffer Corporate Leisure provided specialist leisure advice to AEW UK in conjunction with Tudor Toone.