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ADJACENT HOTEL DEVELOPMENT



                  STR intends to prepare a separate planning application for the proposed 60 bedroom
                  hotel.  The  new  hotel  will  be  located  in  the  top  North  East  corner  of  the  site  with
                  commanding views over the golf course. The hotel will feature stylish modern bedrooms
                  with warm comfortable atmospheres and modern amenities.

                  The target market will be a mix of business and leisure, taking full advantage of the
                  excellent transport links and its close proximity to Newcastle City Centre and the Coast.
                  The hotel development will be facilitated by the disposal of adjacent land, under STR’s
                  control, for residential development. For the residential development STR has agreed to
                  allow a housing developer to submit, after finalising the underletting arrangements for
                  the Hot Shots centre, a confidential pre-planning application to North Tyneside Council.
                  STR  has  also  signed  a  confidential  license  with  the  developer  to  commence  onsite
                  ground investigations.




















































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