The Palace owner The Yianis Group signed a 20 year deal with Grosvenor Casinos last week for a 27,000 sq ft casino within the building which it acquired in 2000 and has spent £25m turning into a 137-bedroom Park Inn hotel and leisure space.
While the casino will operate over ground and lower floors, there is a remaining 25,000 sq ft of retail and leisure space to be leased out via agents Dedman Gray. Units range in size from 500 sq ft kiosks to 7,000 sq ft spaces.
Alex Hyams of Yianis said: “We knew the Palace had huge potential and we are delighted our vision is being realised. Grosvenor Casinos, part of the Rank Group, is anchoring the retail and leisure element of the scheme and we expect the casino to open later this year.
“The remaining available space offers fantastic opportunities for restaurants, bars and retailers to occupy a landmark building on the seafront, in a town which is clearly benefitting from its strong connections to London and the recent improvements made to the airport.”