There is currently no tram system in Leicester. But there used to be a flourishing Leicester tram service. And the building here was the Stoneygate Depot, which at one time held six trams overnight.
See http://www.leicestertrams.org.uk/ for the history of Leicester trams. This group have preserved an electric tram and hope one day to turn the former Stoneygate Depot into a museum housing it. Stop press: the building is now in the care of the transport enthusiasts, it was opened to the public during the 'open buildings' weeked in September 2013, look out for it in later Septembers.
See http://www.youtube.com/watch?v=HqMgiZvkz70 for a video reconstruction.
The cache is close to rather than on the tramshed premises. Like me, you can take photos of the building as a cover story. Parking is easy round the corner on Shanklin Drive. Do not park on the main A6 London Road. You could of course fill up with fuel at the petrol station if arriving by car; at the time of writing it is one of the cheaper outlets around. The cache is on the route of the number 31 bus (also known as 'Sapphire'!)
This is an easy find, but great stealth is required and the difficulty has been increased to reflect that. It is an absurdly busy spot, do not attempt the cache at rush hours or when the children are leaving nearby schools.
The cache is a film canister in a 'nest' don't try to take the nest as well as the canister, or you will look very conspicuous.
A Leicester Circular cache
This cache has been placed in an attempt, by a group of Leicester based geocachers, to encircle Leicester by placing caches along the route of the outer ring road (A563). I hope you enjoy finding this and the other caches placed to achieve this. If you live in Leicester, why not help us by placing your own caches along the route.