'Potential interest' in takeover being explored
Negotiations are ongoing which could mean a well-known hotel in Douglas could continue operating.
The Welbeck Hotel and Restaurant was due to close at the end of November.
Announcing the closure of the premises, on Sunday (25 October) owner Michael George described it as an ‘incredibly difficult and emotional decision’.
It was, he said, brought about by a combination of family health circumstances and ‘the increasingly challenging business climate’.
You can find out more HERE.
However yesterday (26 October) he revealed that there had been ‘potential interest’ in someone thinking of taking it over.
Mr George said: “We have finally had some potential interest from someone thinking of retaining The Welbeck as a hotel.
“Therefore if you can be patient with us we'd be grateful if you'd give us a little time before finalising any cancellations.”
Mr George told Manx Radio he’s been ‘overwhelmed’ by the reaction to the announcement:
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