Studio flat for sale

A unique opportunity to purchase this exceptional development site on the iconic Loch Promenade, offering sweeping sea views and just a short walk from Douglas' main high street and amenities. Marina Hotel, a former grand Victorian hotel, is steeped in history yet ready for transformation. Full planning permission has been granted for partial demolition of the existing building and redevelopment into nine luxury promenade apartments, designed to maximise the stunning outlook while creating a contemporary, high-end living environment. The approved scheme also includes secure bicycle and bin storage, alongside full consent for sensitive alterations and extensions, providing a rare chance to deliver a landmark development in one of the Isle of Man's most prestigious locations.Planning reference numbers: 24/00786/B and 24/00787/CON, valid until September 2029.

Tenure: Freehold