Georgica, owner of the Rileys cue sports and Tenpin bowling brands, has announced that it is transform some of its freehold venues in order to maximise their potential.

A spokesperson said: “We have identified a number of properties within our portfolio which, with appropriate planning consents, are likely to realise a value significantly greater than their value as pure leisure facilities.”

Georgica, which owns 60-70 of its 200 sites, has not revealed the nature of the refurbishment plans, nor which properties will be involved, in the three year development programme.