Port Erin's Bay Hotel put on the market for £950,000

The Bay Hotel on Port Erin’s seafront is up for sale with an asking price of £950,000, according to Isle of Man Today, Manx Radio and Energy FM.

Garforth Gray, the estate agents handling the sale, are promoting the Shore Road building as a landmark beachfront site. The listing highlights its outlook over Port Erin Bay to Bradda Head. It is currently let to tenants who run it as a pub and restaurant, with two bars, dining areas and outdoor seating.

According to the listing, as reported by Isle of Man Today, the first floor contains a three-bedroom flat with a living room, dining kitchen, bathroom, separate shower room and private terrace.

The second and third floors are empty. Planning permission has previously been granted to turn them into five self-contained apartments, which Isle of Man Today said could serve as permanent homes or holiday lets. Manx Radio reported that the building is being advertised as offering several income streams, from hospitality, residential lets and holiday accommodation.

Winter closure

The pub shut on Sunday 4 October because of doubts over whether winter trading could pay its way, Isle of Man Today reported.

Bushy’s reopened and refurbished the Bay shortly after 2000, following several years in which it had stood closed. The company’s founder, Martin Brunnschweiler, told the paper that the tenant, Terry Burns, had looked back over several winters’ takings. Mr Burns had decided that higher costs made it hard to justify staying open through the colder months.

Mr Brunnschweiler said the aim had been to reopen at Easter, but that a sale could change those plans.

The listing sets out options for a buyer. One would be to build the approved flats as an investment while keeping the pub let. Another would be to turn the upper floors into a single three-storey home above a tenanted pub and restaurant. Other arrangements may be possible if the necessary consents are granted.