Sullivan Street has been closely following the UK leisure space given the prevailing macro tailwinds toward the growing proportion of discretionary spending directed at experiences and a long-term trend supporting UK based short breaks. The business has several highly attractive attributes, all within an asset which has moved early enough in a nascent market to take centre stage. There is enormous upside within the current site and huge potential through expanding the Group into a multi-site leisure operator. Sullivan Street will support and augment the management team to deliver their strategic aims to become a leading operator in the active leisure market.