ENTREPRENEUR Charan Gill is offloading his property complex in East Lothian after a downturn in business and struck a deal with care home developers Simply UK to take on the Quay Complex in Musselburgh.
A planning application has now been submitted to East Lothian Council to convert it into a 40-bedroom luxury care home. The firm will invest £5m into the site should it go ahead.
The Quay currently operates as a venue for weddings and events with a restaurant and fitness spa.
But Gill said trading had been “challenging” over recent years, after facing pressure from restaurants opening nearby at The Fort.
He said: “We have had to reduce staffing levels and opening hours and meeting rising overheads has been a struggle. Our research has shown that there is an over-supply of restaurants and bars in the area.
“There is a Pure Gym opening at The Fort and this would have led to The Quay eventually closing.”