Built on Air. Grounded in numbers.
A premium leisure destination on land that costs a fraction of a freehold, in one of the UK’s fastest-growing sports, anchored to retail footfall that already exists.
The fastest-growing
racket sport in Britain
Participation is growing faster than court supply can answer, and the elevated format solves the single hardest problem in the category: finding land near the customer.
Market figures are directional, drawn from public LTA and industry reporting; evidenced in full in the investment memorandum.
The land problem,
solved
Padel economics live and die on location. The Upper Court leases airspace above car parks that already sit beside dense residential catchments: prime locations no ground-level operator can reach.
- i.Airspace, not acreage
An airspace lease replaces the largest capital line in a conventional development: land.
- ii.Anchored footfall
Host-store customers discover the club; members become host-store customers. Both compound.
- iii.Diversified income
Courts, membership, coaching, F&B, retail, events, sponsorship: seven streams, one destination.
- iv.A repeatable format
One proven site becomes a blueprint across a national estate of large-format car parks.
Seven streams,
one venue
This is the operating business we bring to a site: a diversified income mix that funds the build, covers the rent and reinvests in the venue. Illustrative figures at a stabilised sixteen-court venue, for discussion, not forecasts, and the same assumptions load into the interactive model below, so every line can be stress-tested.
| Stream | Basis | Indicative annual |
|---|---|---|
| Court bookings | 16 courts · blended £44/hr · 55% utilisation · 14-hour day | £1.98m |
| Memberships | 1,600 members · blended £40 monthly | £0.77m |
| Coaching & academy | Programmes, camps, schools, private coaching | £0.45m |
| Food & beverage | Restaurant, bar, terrace, order-to-court | £1.25m |
| Retail & merchandise | In club, online, wholesale, incl. the Tesco range | £0.42m |
| Events & corporate | Tournaments, private hire, corporate leagues | £0.25m |
| Sponsorship & media | Naming, court and league partners | £0.10m |
| Indicative revenue | £5.2m |
All figures are illustrative placeholders prepared by Tybaac Ltd for concept discussion, to be replaced by a full site-specific model, with sensitivity analysis, in formal due diligence.
Test the assumptions
yourself
£0.0m
Coaching, events & sponsorship modelled at 18% of primary revenue. For exploring sensitivity, not for reliance.
Built to fit
the site
Engineered for the retail estate: a steel structure elevated over live parking, sized site by site. Some locations take six or eight courts; the largest take many more.
- i.A format that scales
From a handful of courts on a single deck up to a large multi-court flagship, each site takes the court count its car park allows.
- ii.Elevation: ~4 metres
Parking, trolleys and deliveries continue beneath, during and after the build.
- iii.Services
Power to be confirmed by site; water in, waste out; solar generation within the roof.
- iv.Programme
FIP-compliant court structures and a lightweight canopy, engineered for speed of installation.
From concept
to first serve
- 01Concept & partner · now
Brand, format and landlord proposition developed; conversations open with prospective host partners and investors.
- 02Site & planning
Site selection with the host partner, surveys, structural design and the planning application for the first flagship.
- 03Build & fit-out
Elevated structure, courts and canopy installed over live parking; restaurant, bar and terrace fit-out.
- 04Open & scale
Founding members onboarded, academies launched, and the playbook repeated across the national estate.