The freehold of a Surrey club operated by Luminar Leisure has been sold to a local developer for c.£1.5m, just above its guide price, M&C Report has learnt. The sale was handled by commercial property agent Gerald Eve, which has also put another Luminar site on the market, the freehold of Liquid & Envy in Newcaslte. The Surrey site, Liquid & Envy in Redhill, had a guide price of £1.25m. Gerald Eve has now been instructed to sell 16 Luminar sites in total, a mixture of freeholds and leaseholds. Seven have already been sold: in Redhill, Leeds, Basingstoke, Harlow, York, Shrewsbury and St Helens. Luminar is set to re-invest the proceeds of the sales in its core estate to add new elements such as live music, private karaoke booths and comedy nights.