Coastal hotel makes way for ‘staycation’ apartments in multi-million-pound re-development in Devon
· The 18-bed Lantern Lodge Hotel is being replaced by a modern mixed-use apartment development in a £3.3m project · Trinity Square Developments will create 14 new apartments on the site, nine of which will be holiday lets aimed at the UK’s booming ‘staycation’ market · Specialist development finance lender, Shawbrook Bank, is funding the multi-million-pound projectA SEA-VIEW hotel on the South Devon coast is to make way for a series of modern ‘staycation’ apartments in a £3.3m re-development project.
Lantern Lodge Hotel, based in Hope Cove, Devon, will be replaced by 14 new modern