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Displaying items by tag: Beannchor Group

#WATERFRONT PROPERTY - A 14-bedroom hotel overlooking Strangford Lough has been purchased by the owners of the five-star Merchant Hotel in Belfast.
Caterer and Hotelkeeper reports that the Portaferry Hotel will undergo a £100,000 (€116,700) refurbishment under its new ownership by the Beannchor Group, which is expected to help create 10 new jobs.
Bill Wolsey of the Beannchor Group said he was excited about the prospects for the "iconic" 18-century landmark.
"The restaurant has one of the finest food offerings in the area and I am confident it will be quickly established as a firm favourite with food lovers in the Ards Peninsula and further afield," he said.

#WATERFRONT PROPERTY - A 14-bedroom hotel overlooking Strangford Lough has been purchased by the owners of the five-star Merchant Hotel in Belfast.

Caterer and Hotelkeeper reports that the Portaferry Hotel will undergo a £100,000 (€116,700) refurbishment under its new ownership by the Beannchor Group, which is expected to help create 10 new jobs.

Bill Wolsey of the Beannchor Group said he was excited about the prospects for the "iconic" 18-century landmark. 

"The restaurant has one of the finest food offerings in the area and I am confident it will be quickly established as a firm favourite with food lovers in the Ards Peninsula and further afield," he said.

Published in Waterfront Property

About Foyle Port

Foyle Port, located in the North West region of Northern Ireland, is estimated to handle around 2 million tonnes of cargo per year, with a trade value of approximately £1 billion. The port plays a crucial role in facilitating the import of essential agri-products, supporting around 20,000 farms in the region, as well as various local business sectors such as fuel/oil and construction industries. The organisation supports an estimated 1000 direct and indirect jobs.

Originally located in the bustling heart of Derry City, the Commissioners relocated the port to its current deep-water location at Lisahally in 1993. The terminal boasts an impressive 440 metres of quay and can accommodate large vessels of up to 62,000 DWT. Foyle Port is primarily a bulk port and a significant importer of essential commodities such as oil, coal, animal feed, fertiliser, and plywood, all of which are vital for the North West rural region.

Since 2003, the organisation has experienced significant growth, doubling both turnover and profit and attracting approximately £100 million of inward investment to the region. This investment has supported projects, including a fertiliser plant, an oil tank farm, and a biomass power station.

Established by Act of Parliament in 1854, the Londonderry Port & Harbour Commissioners is an independent statutory authority with a duty to develop, maintain and operate to the highest standards of efficiency, financial prudence, environmental awareness, safety, and security. The Port is independent of the Government and is self-financing. All financial surpluses are reinvested in the business for the benefit of future generations of stakeholders.