New Leaseholder Set to "Restore Gurnard Pines to its Former Glory"

The new leaseholder of Gurnard Pines Holiday Village on the north of the Island has spoken of his plans to restore the complex to its former glory.

Island-based businessman John Perrett, who already runs thriteen Spar convenience shops on the Island, has secured a twenty-year lease on the swimming pool, gym, and other leisure buildings. The lease does not cover the holiday homes, which will be continue to be hired out by a new company.

"All funds paid in respect of ground rents and service charges will be protected. A statement will be sent to all leaseholders in due course with details of how to pay in future," said Terry Prosser, director of the freehold operator. "Any deposits paid for holidays or parties will be honoured by the new company."

Reproduced with acknowledgements to Isle of Wight Review.