Northern Ireland

Marine Hotel in Ballycastle placed in receivership

The Marine Hotel in Ballycastle, County Antrim, has been placed in receivership.

The hotel was owned by property developer Mervyn McAlister and has been closed for some time.

The Northern Bank has appointed consultancy firm FGS as administrative receivers.

Mr McAlister was declared bankrupt earlier this year. The developer had planned to build what would have been Belfast's tallest skyscraper.

He hoped to develop a 37-storey skyscraper called the Aurora at a site on Great Victoria Street.

The scheme was blocked by planners and in January, Anglo Irish Bank put the site into receivership.

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