Edinburgh's Art Deco Maybury Casino Sold in £2.9m Property Deal

^{The Art Deco Maybury Casino building in Edinburgh, home to a Grosvenor Casino, has been sold in a £2.9 million property deal. (Photo: Ian S / Wikimedia Commons)}

Edinburgh's landmark Maybury Casino building has changed hands in a £2.9 million property deal, with Manchester-headquartered Hurstwood Holdings acquiring the Art Deco site as part of its expanding Scottish portfolio, the company confirmed on 10 September 2026.

The purchase price reflects a net initial yield of around 15%. Hurstwood Holdings described the acquisition as a strategic addition to its growing footprint north of the border, with the building continuing to trade as a Grosvenor Casino under the existing tenancy.

Grosvenor Lease Has Four Years Left to Run

The Maybury is fully let to Grosvenor Casino, with approximately four years remaining on the lease and fixed annual rental uplifts of 2.5%. The lease is further underpinned by a guarantee from Rank Group Gaming Division, Grosvenor's parent operator. Grosvenor has also recently completed a programme of external improvement works to the building, according to the deal's reported terms.

Extending to 21,991 sq ft over two floors, the Maybury sits on a 1.39-acre site in the west of Edinburgh with 70 dedicated car parking spaces. The venue includes multiple gaming floors, bar and lounge areas, private function rooms and staff facilities.

One of Edinburgh's Best-Known Art Deco Buildings

The striking, white-painted building dates back to 1935, when it was originally constructed as the Maybury Roadhouse and Diner. Designed by architects William Patterson and James Broom, it is recognised as one of Edinburgh's finest examples of Art Deco architecture, characterised by its black-framed windows and strong horizontal and vertical lines.

'The Maybury is a prominent and iconic Edinburgh landmark, let to a strong covenant and situated within an established and expanding residential catchment. Opportunities to acquire assets of this quality and character are rare and we are delighted to have secured the property,' Stephen Ashworth, executive chairman of Hurstwood Holdings, said in a statement supplied by the company.

Ashworth added that the acquisition was 'a fantastic addition' to Hurstwood's growing Scottish portfolio, which the firm has been building out through property investment and development deals across the country. Hurstwood operates across multiple UK regions, with commercial, leisure and mixed-use assets forming part of its wider investment strategy.

Part of a Wider Push Into Scottish Property

The deal is the latest sign of ongoing investor appetite for well-let leisure and gaming property in the UK, where long leases backed by established operators such as Rank Group continue to draw buyers even as the wider retail and hospitality property market remains mixed.

Hurstwood Holdings has not disclosed further details of its Scottish acquisition plans, though the Maybury purchase adds a well-known Edinburgh landmark to a portfolio the firm says is continuing to grow. The Grosvenor lease terms mean the casino itself is expected to keep operating unchanged under the new ownership for the foreseeable future, with roughly four years still to run before any lease renewal or renegotiation would need to be considered by either side.