Indoor go-karting operator K1 Speed has secured its second central London location.
The company has agreed a deal with General Projects to open a track at its 100,000 sq ft Storybox leisure complex in Vauxhall, SE11.
The deal follows fresh planning approval from Lambeth Council received on 10 December allowing for change-of-use of the basement with associated access at ground floor level to allow flexible mixed use.
K1 Speed will occupy more than 46,000 sq ft – most of which is at basement level.
General Projects chief executive Jacob Loftus said: “We are always drawn to unique and unusual spaces, so, when the opportunity arose to acquire a 1.5-acre underground bunker, we seized the moment.
“Our aspiration for Storybox has always been to create a new destination for Vauxhall-Nine Elms, supporting the continued transformation of this exciting new neighbourhood and we couldn’t think of a more exciting user for the bunker.”
K1 Speed Vauxhall is expected to open in autumn next year.
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