Royal Clarence Hotel up for sale

Owners say they are "saddened" but can't deliver a new hotel.

Andrew Brownsword Hotels has just announced that the site of The Royal Clarence Hotel is to be put up for sale.

The building suffered extensive damage during a devastating fire in October 2016. 

The owners say significant works have been carried out to protect and restore the site’s historic fabric, but it will now be offered for sale.

Andrew Brownsword, owner, comments, “We are deeply saddened to announce the intended sale of the site of The Royal Clarence Hotel, but after many months of work and following extensive investment made, we have explored every avenue and have come to the conclusion that our group is unable to deliver a new hotel, as we had so hoped to do.  We stand with the people of Exeter that this is such an important area of the city and so have made the very difficult decision that it is now time to seek new owners for the site, in order that the rebuild can progress”.

Andrew continues, “The extensive recovery and preparation work that has been completed at the site means it now offers an excellent opportunity for the next stage of development and I have had to concede that this will be realised by others.  It was always my vision to deliver a new hotel at the level of luxury and quality as others within our group, however, the financial and resource investment made in the demolition, historic restoration and enabling works has been significant and this has meant that it is regretfully unviable for us to develop the level of hotel that we had envisaged.  This has been a heart-breaking decision for us to take, but, alongside the residents of Exeter, we want to see this corner of Cathedral Yard resorted to its former glory.  We believe that selling the site now to a group that operates to a different business model to ours, will enable them to start building, unencumbered by all of the challenges and costs already overcome by us, and is the only way we can conclude to make the rebuild happen quickly and viably.  We thank all the people of Exeter for the patience and support that we have been shown since the night of the fire”.

More than 1,100 firefighters were involved in the incident which lasted 10 days and cost Devon and Somerset Fire and Rescue Service £250,000. 

Last year contractor Kier carried out "enabling works", but in January the owners confirmed a contractor for the rebuild still hadn't been chosen because of the "complicated nature of the site", but insisted the tender process was still "on schedule".