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  1. ITV Report

Historic Isle of Man landmark to be sold at auction

The Castle Mona Hotel was opened in 1801, orginally built for the Duke of Athol and became a hotel after his death in 1835 Photo: ITV

An iconic historical landmark on the Isle of Man is to be sold at auction after a sale fell through.

The Sefton Group announced that the Castle Mona Hotel in Douglas is to be listed with auctioneers Lambert Smith Hampton.

On Monday 14th May the 98-bedroom hotel will go to bidding, which opened in 1801 and closed in 2006.

Numerous potential buyers were rumoured to be making offers over the past few years, with the restoration costs estimated to be millions of pounds.

The Castle Mona Hotel pictured in the 1800s from Douglas Beach Credit: Manx National Heritage

For a number of months we have been working closely with a prospective buyer but unfortunately, despite several deadline extensions, they have failed to complete the purchase. Consequently, the board of Sefton Group has concluded that placing the property in auction is the best way to progress a sale and secure the long term future of the building.

– Brett Martin, CEO of The Sefton Group