West Devon has moved a step closer to building a new hotel in Tavistock. A well-known hotel chain, could create up to 35 new jobs and add an extra £2.7m to the local economy each year.
Cllr Philip Sanders, Leader of West Devon Borough Council explains: "We are delighted to have interest in Tavistock from a major UK hotel operator. It demonstrates confidence in the Town and will be a boost for the whole area. Hotels like this tend to provide a different kind of overnight accommodation from what we have in Tavistock at the moment. With a major hotel chain, one which is renowned for offering good value for money, Tavistock will soon be able to say it boasts a wide range of hotel accommodation for visitors to choose from."
Councillors at West Devon have already agreed a multi-million pound investment in the development and the Council has begun legal negotiations with an international chain. The project will still be subject to planning permission and the funding needs to get a final stamp of approval from the Full Council in February. If this happens and the plans move forward, the hotel would take approximately 2 years to build.
The proposed location for the hotel is Abbey Rise car park next to Godolphin House. It is an ideal spot for a hotel, within easy walking distance of the town. Following a recent study, the Council is confident there is enough car parking available in the Town to accommodate cars that would have used Abbey Rise car park.
Cllr Sanders added: "I fully appreciate that we need to make sure we have enough car parking in the Town and that there may be some nervousness about losing Abbey Rise, but the tourism benefits of this kind of hotel in Tavistock cannot be underestimated."
As part of an ongoing conversation, West Devon Borough Council would welcome the Town, the Town Council, the Chamber of Commerce and the Tavistock BID to continue talking to them on a regular basis about this project and how best to structure car park tariffs in light of the changes.
Last year the Council approved a Commercial Property Strategy, with a desire to support regeneration and economic activity. This project is an excellent example of the Council delivering on that strategy and investing financially to the benefit of the Borough as a whole.