A deal has now been agreed for the business behind Watergate Bay Hotel, near Newquay, to develop an £18 million boutique hotel in Plymouth’s Royal William Yard.
A lease agreement between the yard’s developer, Urban Splash, and the Ashworth family, owners of the Watergate Bay Hotel has now been signed.
The hotel, which will have a focus on business and leisure, is due to open in 2015 in the Melville building.
Its design will be centered around its distinctive clock tower and courtyard, which overlooks the marina.
Will Ashworth, Watergate Bay Hotel managing director, said: “When we first arrived at Royal William Yard and saw the potential of the Melville building, I immediately knew we could create something really exciting.”
Although the hotel is likely to have a different focus to the Cornish hotel, which has a strong emphasis on outdoor sports, it, too, will have a distinctive identity.
“We have a distinctive approach to hospitality and ‘active relaxation’ lies at the heart of what we do. Our north Cornwall hotel has its own special sense of style and tone, and our aim is to take this and develop it in a way that is right for Royal William Yard,” added Mr Ashworth.
As well as 60 bedrooms, the plan is to create two restaurants, a cocktail bar, members club, 25m swimming-pool and an events space for leisure and business use.
The next step is to achieve planning permission and the coming months will include extensive liaison with architects, Gillespie Yunnie, Plymouth City Council and English Heritage.
It is hoped that building work will begin next spring.