• A unique opportunity to renovate part of the well-established Driftwood Inn into 7
  residential apartments.
• The vendor will retain the remaining part of the hotel as a hospitality business.
• Full planning achieved “To change the use of part of the existing hotel (Use Class 7) to
  create seven residential apartments (Use Class 2) and to upgrade and redesign the
  remaining part of the existing hotel to ensure that a minimum 4 star tourism standard is
  achieved including alterations to the external fenestration”.
• 4 x 2 bedroom ground floor apartments, three with gardens.
• 3 first floor apartments (2 x 2 bedrooms and 1 x 1 bedroom).
• All spacious apartments with excellent views plus the benefit of 14 sq m dedicated
  storage areas in the basement and 2 dedicated parking spaces.
• A freehold acquisition

The Site & Location

• The whole of the west coast of Guernsey is easily accessible including the sandy beaches
  of Vazon, Cobo Bay, L’Eree and Rocquaine. Perfect for sea swimming, biking or walking
  through the lanes of St Saviours and beyond.
• La Grande Mare Golf & Country Club which is currently being re-developed is only a few
  minutes away with all the exceptional amenity it will bring.
• The immediate are around The Driftwood comprises a mix of uses predominantly
  residential with a Morrison’s and Perelle Butchers a short walk away.
• The site is a long-standing hotel with large landscaped grounds. The owner is
  complimenting the residential element with a boutique hotel offer with numerous
  upgrades planned and a ground floor bistro and bar from which the apartments will
  benefit.
• Plenty of demised parking and shared on site car parking.

The Opportunity

• Existing hotel rooms which have planning for change of use to residential apartments and
  therefore require significant re-configuration and refurbishment.
• Build costs mitigated through the conversion of the existing building with no requirement
  to replace the roof.
• Afreehold being offered through a Title split with the adjacent hotel.
• Thepotential to structure the transaction in a number of different ways to suit both
  parties.
• Potential for a developer/investor to work with the owner on the planned hotel upgrades
  alongside this project.
• Anopportunity to revise the planning consent should that be desirable to a buyer.
• Oneof the apartments is in “oven ready” condition having been occupied as the owner’s
  apartment and therefore only requires cosmetic modernization.
• Afull pack of supporting information is available on request including; plans, guide pricing
  and the planned upgrades to the hotel side.