Old post regarding Atlantic House Hotel

May 30th update from Lisa

The working group has been working hard over recent weeks. We now have drawings of the proposed floor plan, projection figures for the business and an estimate cost for the refurbishment of the property - and we also have some significant investment on board.
We have worked out a figure that would achieve a reasonable return for investors and are in ongoing discussions with the owner.
We are also continuing discussions with other companies/organisations who have expressed an interest in investing.
On a more practical level, the owner has agreed to have the holes in the roof covered - and this is taking place today.