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UK – Grosvenor looking to sell its Leicester casino

By - 8 July 2022

Grosvenor Casino is looking to sell its Leicester casino along with the connecting Travel Lodge Hotel for £10.2m. 

The casino, which opened in 2014, is located across the ground, first and, second floors of the hotel with a machine floor on the ground level with gaming and slot machines; and a gaming floor at the first level together with a number of bars and a 50 cover restaurant area. The second floor includes a staff rest room, kitchen and preparatory areas, training rooms, and the plant room. It offers state-of-the-art electronic roulette terminals and slot machines, as well as rouletteblackjack and three-card poker along with four cash poker tables. Leicester Travelodge boasts 95 rooms across four floors, and underwent a £325,000 refurbishment in 2014 as part of a modernization program.

Victor Ktori, head of the Nottingham office at Savills overseeing the sale, said: “The property represents a rare opportunity to acquire a significant piece of city center real estate, immediately adjacent to Highcross Shopping Centre. Initial interest has been strong from a broad range of investors.”

Described by Savills as a”unique city-center development opportunity,” the venue is located next to the shopping center Highcross, on the A594 Ring Road.

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