Devon’s Art Deco Burgh Island Hotel has been taken off the market after receiving a £5.4m bank loan to refurbish it. The Grade II listed building and the 21-acre island surrounding it, at Bigbury near Plymouth , went on sale for £15m last year.
But today owner Giles Fuchs said he wants to keep it, despite receiving “attractive offers”, and has completed a refinancing and additional funding package led by Metro Bank. The financing will support the hotel’s refurbishment, upgrading its infrastructure while further improving its sustainability commitments. This will include enhancements to the hotel’s décor, preserving its large collection of art deco antiques and architectural features, as well as its original Crittall windows.
Additionally, the hotel has confirmed the completion of new water treatment works and a new front roof, which is expected to be finished by late September. Other ongoing upgrades include the reinforcement of sea defences to prevent cliff erosion, along with additional cladding and repainting to protect the Island’s infrastructure for the future. All new building elements will prioritise energy efficiency, taking a fabric-first approach and utilising heat recovery ventilation.
The hotel will also incorporate renewable energy heating where possible, including solar water and ground source heating, supporting its existing solar panel array. This is a significant step towards ensuring the hotel retains its authentic appeal, while further enhan.