Closed-down high street shops are the target for tenpin bowling operator Ten Entertainment, its CEO Duncan Garrood has revealed.
“We are now turning our minds to opportunities in ex-retail space, potentially space which was previously occupied by department stores and other larger retailers who are now struggling,” he said.
The company plans to trial some high street branches in the current year and wants to enlarge its holding of bowling centres by two or four each year.
“We see potential opportunities particularly in town centres rather than outside of towns,” he added.
In December 2018, Ten Entertainment saw revenues rise by 7.5 per cent and pre-tax profits increase by 32 per cent to £10.6m. Ten was listed on the UK Stock Exchange in 2017 with a £107m float and now has a market value of £143m.
