Nick Leslau has launched an action against Travelodge over its failure to pay rent.
Secure Income Reit, which also owns the freeholds to Alton Towers and Thorpe Park, said that it had “reluctantly initiated actions” to recover rent owed by the budget hotel chain.
The reit is managed by Leslau’s Prestbury Investment, which also owns 6% of the shares.
Travelodge has yet to come up with a proposal for how it will pay the rent, which amounts to 6.4% of the reit’s annual income.
The property tycoon has also launched a broadside at the chain’s owners, including Goldman Sachs, implying they can easily afford to pay their bills.
The Times reports that Leslau has been working from his floating two-bedroom guesthouse on a lake at his family’s country house on the border of Oxfordshire and Gloucestershire during the lockdown.
