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:
John Wannenburgh: 'Commitment, compassion and an unwavering sense of duty'
Tributes following the unexpected death of Douglas North MHK
Manx Utilities 'deeply saddened' by death of chairman
Wannenburgh praised for 'exceptional' leadership
"Tynwald will be a less colourful place without John" says president
Watterson describes Wannenburgh as 'devoted' to constituents
Douglas North MHK pays tribute to 'amazing friend'
Wannenburgh had 'biggest heart of anyone I've ever met' says Ashford