Investing in Kingsbridge
79 Bedroom Hotel to be Built on Council land in Kingsbridge.
Last week South Hams moved a step closer to building a new hotel in Kingsbridge, that could add an extra £3.9m to the local economy per year.
Cllr John Tucker, Leader of South Hams District Council explains: “The plot of land where the hotel would be built is in Rope Walk, behind the leisure centre in Kingsbridge. It is derelict at the moment, but it is the ideal spot for a hotel which is in easy walking distance of the town. We are delighted to have interest in this site in Kingsbridge from a major UK hotel operator, it demonstrates confidence in the Town and will be a boost the whole of the area.”
Executive Councillors at South Hams approved a multi-million pound investment into the project. The project will be subject to planning approval and confirmation of funding at Full Council and it would take approximately two years to be built.
The project hits the key deliverables set out in the Council’s Commercial Property Strategy of supporting regeneration and economic activity. It is an excellent example of the Council investing financially in its area, to the benefit of the District.