PUNTERS and staff at one of Weston s best-loved pubs have been reassured by its lease-holders that nothing has been agreed amid fears it might be knocked down.
PUNTERS and staff at one of Weston's best-loved pubs have been reassured by its lease-holders that 'nothing has been agreed' amid fears it might be knocked down.
Last week the Weston & Somerset Mercury reported that investors Jim Scott and Wahid Samady had exchanged contracts with the owner of the building which houses The Captain's Cabin in Birnbeck Road and had plans to redevelop the pub along with The Royal Pier Hotel.
However, leaseholder Anne Edwards says nothing has been finalised.
The 55-year-old said: "The lease has approximately 12 years to run and at the moment no agreement has been made."
Jim Scott, of Birnbeck Investments, said: "We are in amicable dialogue with the lease-holders and negotiations are ongoing. We are on course to complete providing nothing untoward occurs."
A five star hotel, apartments, eateries and bars are planned for the peninsula, which looks out over Weston's bay.
Birnbeck Investments says millions of pounds have already been committed to the scheme, which was first announced by a press conference at The Royal Pier Hotel before Christmas.
The hotel complex will be designed by internationally acclaimed architects Foster and Partners.
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