Carnegies Leisure to sell nightclubs

Carnegies Leisure, the Glasgow-based operator, is coming out of the late-night sector by selling its six Scottish nightclubs.The group is selling its...

Carnegies Leisure, the Glasgow-based operator, is coming out of the late-night sector by selling its six Scottish nightclubs.

The group is selling its chain of high profile units which include Babylon nightclubs in Ayr, Greenock and Edinburgh as well as the EXPO in Kilmarnock, Mannequins in Paisley and Fouquets in Glasgow.

The Carnegies Group has sold off a couple of prominent sites in the last few months including a large property in Hope Street, Glasgow. Christie & Co is handling the sale of the clubs, the prices of which range from £495,000 freehold to £1,250,000.

David Reid, director of Christie & Co, said: "With strong market conditions I am absolutely delighted to be handling the sale of such a wide variety of licensed premises which include the Babylon nightclubs and, very importantly, the highly successful and hugely-profitable Fouquets in the heart of Glasgow's city centre."

The units for sale:

  • Babylon, Ayr: Freehold offers over £595,000
  • Babylon, Greenock: Freehold offers over £495,000
  • Babylon, Edinburgh: Freehold offers over £1,250,000
  • EXPO, Kilmarnock: Freehold offers over £585,000
  • Mannequins, Paisley: Freehold offers over £595,000
  • Fouquets, Glasgow: Freehold offers over £795,000

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