Village sold for 'quick buck'

PUBLISHED: 02:01 02 April 2008 | UPDATED: 21:40 15 June 2010

I refer to your correspondent who suggests that the Lyme Bay Holiday Village must have been struggling if their owners (in Weymouth) wanted to sell to Tesco. I suggest that, far from being unsuccessful or unprofitable, the village has been sold because th

I refer to your correspondent who suggests that the Lyme Bay Holiday Village must have been struggling if their owners (in Weymouth) wanted to sell to Tesco.I suggest that, far from being unsuccessful or unprofitable, the village has been sold because the owners saw a big short-term profit in selling the site as potential building land.The owners have made a quick buck, and the purchasers have made a slightly longer-term commercial gamble.Some EDDC insiders and Tesco may genuinely believe they have done Seaton a long-term favour. Many people are not convinced.Hugh Barlow Wychall Park Seaton


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