OT and The Royal Yacht Britannia have agreed a new 25 year lease which will cement OT’s position as the leading tourist destination on Leith’s waterfront.
The five-star attraction voted Tripadvisor’s No.1 UK Attraction 2023 – 2024 has committed to a long-term future with OT as part of the redevelopment project and multi-million pound redevelopment of the site.
Chris Richardson, Managing Director of Ambassador Investment Management, the Scottish owners of Ocean Terminal, said:
“This is a significant development for the reconfiguration of the site, and we are absolutely thrilled that The Royal Yacht Britannia, one of the UK’s most popular visitor attractions, has agreed a 25 year lease with OT.
“I am in no doubt this will be a formidable partnership, cementing our position as a leading tourist destination on Leith’s waterfront, furthering our ambitions for the wider regeneration of Leith, and the local community around the site.
A spokesperson for The Royal Yacht Britannia added:
“We are delighted to have secured the long-term future for The Royal Yacht Britannia in Leith as part of the exciting redevelopment of Ocean Terminal, and we look forward to moving into our state-of-the-art visitor centre and fantastic new gift shop in early 2025.”
Britannia is one of the most famous ships in the world, travelling more than a million nautical miles, serving the Royal Family for over 44 years. Today, she is a five-star visitor attraction and exclusive evening events venue.
