Mystery buyer ends months-long uncertainty
The Castle Mona Hotel has been sold.
An unknown bidder secured the historic property on Douglas Promenade this morning, meeting the auction reserve price of £1 million.
Discussions about the site's future have been ongoing for a number of months, with several parties registering their interest.
Simon Rigall from agents Lambert Smith Hampton says he's aware of the buyer:
New minister promises to remove 'unnecessary barriers' to housing
Rob Callister appointed as new Housing and Communities Minister
Plans submitted for temporary marquee at Milntown
Estate says if approved it would help generate more income
"I can't believe it!": Manx contestant stuns Countdown hosts with record-breaking run
Hazel Drury becomes highest-scoring female "octochamp"
'Stay on top of web maintenance' to prevent future issues
Advice issued to Manx businesses following cyber security flaw
