Developer's vow to restore hotel to former glory

A developer has confirmed the purchase of an historic hotel in Cornwall after its sudden closure shocked the community.

Nicolas James Group said it had "exchanged contracts" with the owners of Hotel Victoria in Newquay, following its closure amid redundancy notices to staff.

It revealed plans for "substantial investment and redevelopment" to "restore the hotel to its former glory" to be submitted in due course.

The investment group described the hotel's closure on Monday as regrettable - but said it was "necessary" given the scale of renovations required.

It said: "The directors of the vendor made the decision to close the hotel prior to purchase, due to the longstanding difficult trading conditions, with the site to now remain closed during its extensive refurbishment."

A spokesman confirmed the sale includes the adjoining Berties nightclub and pub Bertie O'Flannigan's, adding: "This acquisition presents a unique opportunity to revitalise a cherished landmark in Newquay.

"We are excited to have exchanged contracts and look forward to sharing our vision for the hotel's future."

The group referred to its expertise in the hospitality sector and a track record of acquiring and transforming coastal properties.

"Recognising Hotel Victoria's rich heritage and potential, the group will leverage its experience and investment to restore the hotel to its former glory, as a cornerstone of Newquay's vibrant hospitality scene," it said.

The group said detailed proposals would be available by spring 2025.

The Hotel Victoria, a mainstay on Newquay's East Street since 1899, shut its doors on Monday.

Moves to close the connected Berties nightclub, a lodge and the pub Bertie O'Flannigan's were described as a "massive shame" by Newquay community members.

The BBC has asked the previous Hotel Victoria management for comment.

Louis Gardner, councillor for Newquay Central, said he had been contacted by staff to inform him they were at risk of redundancy.

He said: "It's come as a shock to us all.

"We are going to see 60 job losses in the hotel itself and surrounding businesses."

He said he hoped workers would find alternative employment in the town.

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