Cinema Site Update

The Times of Tunbridge Wells recently reported that the Carlyle Group was in the final stages of an agreement to sell the site to site to developer, Bellhouse Joseph for development of a hotel. While there is speculation that negotiations have fallen through there may still be a deal in the offing.

The 1.3 acre site is reported to have been bought by the Carlyle Group for £9.9 million in 2011.

Further information from the Council:

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