Tuesday 18 August 2009

Breaking News...Salcombe's Marine Hotel Sold!

I picked up this news last night. I am not aware who the new owners are or what their plans are but presumably having paid c£11m for it the previous owners plans will be unviable as they were costed at £40m!

Originally being punted about at £4m it appears that a few interested parties pushed the price up.

As soon as I know more I will let you know...

12 comments:

Liz said...

Ah - now I heard that as well.........the chap I was talking too said they planned to demolish and build flats??!!??

Anonymous said...

As a business decision a very good idea!

Unfortunately I ran 7 million pounds short so its back to the ghetto at the top of Salcombe with me.

Liz said...

Now then - looking at this the Marine is STILL on the market........... spare 10 million anyone??

http://www.business-sale.com/marine-hotel-salcombe-12614095C.html

NIMBY said...

Doesn't £10 million seem cheap? Look at it in relation to other properties...£3m for the Anchor Wtach Apartment....etc...

Anonymous said...

According to Property company Colliers Cre on 27th November, They have sold the Marine Hotel subject to contract. Should start to see signs of things happening there soon I hope. Can't wait for it to re-open. The South Sands Hotel and The Tides Reach Hotel are ok but they ars not in Salcombe are they.

james said...

you forgot the sunny cliff in that list

Anonymous said...

Yes but the Sunnycliff is not a hotel now but self catering appartments. Still no hotel in Salcombe town.

Anonymous said...

the sunnycliff dose still offer just rooms

Anonymous said...

Has anyone heard any more on this? when it will be opening again? Who has it?!

Anonymous said...

nice-wallpapers

mpos p ) qm 56

conti_boy said...

I live in Christchurch and the company "Harbour Hotels Group" also own our local hotel. It was named the Avonmouth Hotel but is now called "Christchurch Harbour Hotel" It includes a Gary Rhodes restaurant. The hotel has been renovated to a very high standard so hopefulyy they will do a good job with the Marine Hotel.
Cant wait to stay there again.

conti_boy said...

Look at www.salcombe-harbour-hotel.co.uk for the new web site for the Marine hotel

 
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