Penarth-based 4J Leisure Limited has acquired a 22,000 sq ft warehouse unit in Llanishen in Cardiff and converted into a trampoline park.
The company, which was founded in 2013 and is operating as Go Air Trampoline Park, has taken a new 10 year lease of the former Britvic and SA Brain distribution warehouse at Ty Glas Avenue, Llanishen, where planning permission to operate as a trampoline park was recently secured. Cushman & Wakefield and Fletcher Morgan acted on behalf of SA Brain & Company Limited, who hold the superior leasehold interest of the site, and Huw Thomas CPC acted on behalf of 4J Leisure Limited.
Chris Yates, senior surveyor in Cushman & Wakefield’s industrial agency team in Cardiff, commented: “The property comprises semi-detached warehouse space with the benefit of secure parking in a busy and recognised commercial location, located close to the junction of Ty Glas Avenue and Parc Ty Glas. Our client has been accommodating in facilitating the required works and in doing so enabling the project to go ahead.”
Matthew Jones, surveyor at Fletcher Morgan, added: “Llanishen is a located on the outskirts of the Cardiff City Centre and appealed to 4J Leisure due to the strong demographics. This deal further highlights the benefits of this location and we have now successfully let out the entire warehouse space at the former Brains Depot. All that remains is circa 8,000 sq ft of office accommodation.”
Huw Thomas, who acted on behalf of 4J Leisure Limited, commented: “This innovative project brings an interesting new addition to the Cardiff leisure landscape, and in doing so, has created more than 80 jobs.”
Jez James, director of 4J Leisure, said: “We’ve undertaken a complete refurbishment of the site and the building is now home to over 120 trampolines, a dodgeball court, twin trick tracks and six giant foam pits. Now that we have carefully created the ‘blueprint’ for our product offering, we will be rolling out further Go Air parks right across the UK throughout 2016.”