A developer has warned that the conversion of a former hotel is in jeopardy unless a further housing application is approved.
The Aberdeenshire-based developer already has permission to turn the former Panmure Hotel, in Monifieth, into flats – but he now wants to build two extra houses on its grounds.
A statement sent to Angus Council by architect Jon Frullani said the new homes were needed to fund the whole development. He said: “Our client has recently obtained planning permission to convert the former hotel into nine flats.
“However, the cost of converting the building to residential use is greater than the project revenue generated from unit sales, meaning that the development is not viable.
“The cost of building the proposed houses in direct comparison to the revenue generated from their sale shall generate a sufficient margin to make the whole development (nine flats and two houses) viable.”