Shell has struck a £60m deal to sell its leisure club in southwest London to the Livingstone brothers.
The FTSE 100 oil giant has exchanged contracts with the billionaires’ London & Regional Properties to sell the Lensbury, which opened in 1920 as a grace-and-favour staff club.
The Lensbury has a spa, pool, gym and tennis courts on 25 acres by the Thames at Teddington. It opened to the public in the 1990s.
A source close to Shell said it was selling the club because it is “not a specialist hotel and leisure operator”.
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