A small crowd attended the auction of Belvedere House.

MULTI-MILLIONAIRE Tom Scott is set to become the new owner of Belvedere House.

He has emerged as the mystery bidder for the £5m. property, which was sold by the States last week. The identity of the purchaser will not be officially released until 10 July, when contracts are signed.

However, the Guernsey Press has established that the man and his family estimated by the Sunday Times Rich List to be worth £200m. are looking to move into one of the island’s premier properties.

Asked about his acquisition yesterday, Mr Scott, pictured left, said: ‘Look, this is Sunday and I don’t work on the Sabbath.’ Deputy Treasury and Resources Resources minister Jack Honeybill was similarly coy.

‘Although I have an idea who has agreed to buy Belvedere House, officially it is not bought until 10 July when contracts are passed and Nick Renny [of Martel Maides] made that clear at the auction,’ he said.