Grosvenor selects partner to overhaul RAAC-affected Chester hotel
Summary
Grosvenor has appointed Martin Property Group to refurbish and later operate The Chester Grosvenor, following the planned closure of the hotel due to the cost and complexity of remediating potentially unstable RAAC above function rooms. The project is described as a major, multi-million-pound investment, with refurbishment plans now being developed and the works expected to take around two years once they start, subject to planning.
Why it matters
The article highlights the continuing operational and asset-management implications of RAAC in existing buildings, including closure, remediation, and redevelopment decisions. For residential property surveyors, it reinforces the importance of identifying RAAC risk, understanding its impact on building safety and value, and advising clients on remediation and planning constraints.
Key points
- The Chester Grosvenor will close on 30 September because of RAAC-related remediation issues.
- Martin Property Group will refurbish and operate the hotel after completion.
- Grosvenor retains the freehold and says it remains committed to the asset and Chester.
- Refurbishment plans are being prepared and are subject to planning approval.
- The works are expected to take around two years from commencement.
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