April 25 2014 Latest news:
Wednesday, December 4, 2013
The prominent hotel has stood vacant on Bideford Quay since the fire in June 2011, but is now for sale.
AN historic hotel in Bideford which has stood vacant since a major fire in June 2011 has been put up for sale.
The 53-bedroom Tantons Hotel has come under new instruction with Plymouth-based agents Huntley & Partners at a price guide of £300,000 - £400,000.
Since the fire the Grade II listed property on the Quay has been boarded up, with the details claiming it needs ‘extensive renovation and refurbishment throughout’.
The listing also claims the building, which is ‘one of Bideford’s most famous and well known landmarks’, could be sold as two separate units.
The agents state the hotel reported a turnover of around £700,000 and could be re-established, or redeveloped into accommodation subject to planning consents.
Paul Goss, of Huntley & Partners, told the Gazette: “It’s only been under instruction about a fortnight.
“We’ve had some general interest from people who have seen the boards.
“But we’ve also had some interest from developers and existing hoteliers and are hoping to arrange some viewings this week.”
During the fire, three guests had to be rescued from the roof, while 60 fire fighters battled the flames which burned through floors and ceilings.
Owner Chescombe Limited was fined £40,000 in September 2012 after pleading guilty to breaching fire regulations.
It is understood renovation began on the building after the fire but this work was never finished.
The building also features a restaurant, extensive bar and function facilities.