ST PIERRE PARK HOTEL could be sold within the next few weeks, Sandpiper has confirmed. A spokesman for the company said a deal could be close but would not say who was potentially buying the hotel.
‘The hotel has been on the market for some time and it is in advanced negotiations,’ he said. ‘I’m told that something will happen in the next few weeks.’
Sandpiper announced in October that it was selling both the St Pierre Park Hotel and La Trelade in an attempt to focus on its core activities.
It finalised the sale of its hospitality estate to The Liberation Group last week. The deal saw Sandpiper sell 21 pubs in Guernsey, 42 in Jersey and two in Alderney, as well as Bucktrout & Co. Ltd, the Jersey Brewery and Victor Hugo Ltd.
A licence was granted to the then owner of St Pierre Park, CI Traders, to build a casino at the hotel in 2003 and it could be included as part of the deal.
In bizarre circumstances yesterday, Sandpiper denied all knowledge of a planning application published by the Environment Department seeking to extend and alter the hotel.
A company spokesman said Sandpiper’s CEO was not aware of the application and had no plans to extend the hotel.
‘There are several outstanding applications from the past that were put in before the hotel went on the market,’ the spokesman said.
‘Ultimately, Tony O’Neill runs Sandpiper and he would know if there were any plans to extend it or build on it. He runs a pretty tight ship and doesn’t know what these plans are for.’
The Environment Department was unavailable to comment about the application.
Article posted on 15th July, 2008 - 1.00pm
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