Passive Income Case Study | Strike
Strike was acquired in October 2010, a struggling bowling alley purchased for £1,250,000, situated on The Promenade in Largs, Scotland, with clear potential to be a profitable attraction in the local area. The project aim was to transform Strike into a highly profitable mixed-use space to be occupied by some of the nation’s favourite high street brands.
We managed to force capital appreciation from £1.25M to £3.5M, if you would like to find out more about how this is possible join the Community it’s Free.
Purchase Price: £1.25 million
Current Value: £3.50 million
Current Profit: £2.25 million
Rental Income: £210k
Investment Strategy
The original business traded over a single storey of 13,000 sq ft of property, as a ten pin bowling alley (a rapidly declining industry) bar, restaurant and arcade. Although profitable, the sector has been affected by regulatory changes and decreasing discretionary consumer spend.
Largs is a traditional Scottish coastal “day tripper” resort. The business and the freehold was purchased as a going concern and transformed into an investment producing Secure Long Term Income Streams “SLTIS”, by creating five long-term Institutional FRI leases with National operators on 15 - 35-year leases.
Local Regeneration
Taylor Capital not only seeks to generate income for investors, but our strategies focus on the reciprocal effects of regeneration and re-profiling of the town centre on and the positive effects on local communities.
Strike not only surpassed investment targets but boosted the local economy providing an extra 100 jobs, local suppliers increased business the building’s turnover rocketed up from £400,000 to £7,200,000 amongst the local businesses occupying the space.

Project Financials
The increase in value and high-quality lease arrangements with long term national brands hugely reduces risk and creates a lowly geared investment that will survive and thrive during the next economic correction.
Taylor Capital | taylorcapital.co.uk |
---|---|
Case Study | "Strike" |
Address | 1-5 The Promenade, Largs, Scotland |
Purchase Price | 1,250,000 |
Current Profit | 2,250,000 |
Current Value | 3,500,000 |
Acquisition Date | October 2010 |
Improvements | Tenants 2.3m |
Annual rent | 210,000 |
Lease Length | 15 to 35 years |
Rental Income
Taylor Capital applied trusted strategies to upgrade the asset and added considerable value, generating £2.25 million in profit and inserting multiple national high street brands as tenants on lease terms of 15 - 35 years creating a long term collective annual income of £210,000 inflation protected increasing every 5 years.
The five high profile national operators are as follows:





Tenants | Rent per year | Lease | Break Clause |
---|---|---|---|
JD Wetherspoon | £72,000 | 30 years | Breaks at 10 & 20 years |
Co-op | £48,000 | 15 years | No breaks |
Costa Coffee | £36,000 | 15 years | Breaks at 6 & 1 years |
National Arcade Chain | £44,,000 | 15 years | No breaks |
CalMac Ferries | £10,000 | 35 years | No breaks |
Total | £210,000 |
Project Plans & Gallery
Strike was acquired in October 2010, a struggling bowling alley purchased for £1,250,000, situated on The Promenade in Largs, Scotland, with clear potential to be a profitable attraction in the local area. The project aim was to transform Strike into a highly profitable mixed-use space to be occupied by some of the nation’s favourite high street brands. We managed to force capital appreciation from £1.25M to £3.5M, if you would like to find out more about how this is possible join the Community it’s Free.