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Castle Mona is sold

Mystery buyer ends months-long uncertainty

The Castle Mona Hotel has been sold.

An unknown bidder secured the historic property on Douglas Promenade this morning, meeting the auction reserve price of £1 million.

Discussions about the site's future have been ongoing for a number of months, with several parties registering their interest.

Simon Rigall from agents Lambert Smith Hampton says he's aware of the buyer:

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