It’s a sad sight, but yet another UK Gala Bingo hall has closed down and is up for sale. If you’ve got a spare £1.2 million to hand – why not buy your own bingo hall!
The landmarket Nuneaton building is back on the market after a previous sale of £1.5 million fell through, causing the sellers to offer it for a cut-price £1.2 million.
The building use to the Ritz Cinema when first built in 1937, two years before the start of the Second World War. It was nearly 50 years later the cinema closed down to become the iconic UK bingo hall in 1984. Gala Bingo decided to halt operations at the Nuneaton bingo venue because of rationalisation of its properties all over the UK.
The actual plot of land is in a great location, and covers 15,000 square foot. There had been rumours of a Primark being built there, but the surveyors marketing the site accept that it may well turn into residential housing with a commercial element on the ground floor of the development.
This is yet another example of the state of the land-based bingo industry, with more and more players converting to the online bingo option. With no need to move from the comfort of your own home, and increased financial pressures on the industry and its players, the cheaper option is rapidly becoming the popular option.
Let me know what you think about the state of the UK online and offline bingo industry…