Woolacombe eyesore to be multi million tourist complex?
Plans unveiled for the �6 million redevelopment of the Narracott Grand Hotel site.
MULTI million redevelopment plans have been submitted to bring the former Narracott Grand hotel site at Woolacombe back into use for tourism.
Developer Blast Properties Limited has just lodged a planning application with North Devon Council bidding to demolish the rear of the empty hotel in Beach Road and replace it with 40 holiday apartments.
It already has permission to refurbish the front of the building to create a new smaller hotel, reception area and seven self-catering apartments.
The company says this �6 million investment will see the creation of a new complex offering an all year around destination for holidaymakers and create new jobs for local people.
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Alongside the new application it hopes to receive authorisation to reduce the number of apartments already approved from seven to four.
The latest application is bidding to create 36 two-bed and four with four beds, plus parking for another 85 vehicles.
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The Narracott has deteriorated since its present incarnation was built in the 1960s and 70s, become something of an eyesore and a source of frustration for residents since its closure more than four years ago.
Development plans stalled with the arrival of the credit crunch and Blast Properties freely admits in its application that ‘it proved impossible to raise even minimal finance’ and the plans had to be put on hold.
Now, if its bid is successful it says it hopes to have the entire site completed and operating as a resort hotel, restaurant and accommodation complex by 2016.