Douglas City Council says it has accepted an offer for a landmark site in the heart of the capital.
The local authority placed the Lord Street flats on sale in November and have announced today they have accepted an offer for the site, subject to contract.
It says proceeds from the sale will be reinvested into future housing projects for Douglas.
The details of the offer are commercially sensitive but the Council says it will release more information when the contract is completed.
DEFA releases figures on leased land
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MNH invites bids to run popular cafe
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Fury finally confirms venue for Joshua fight
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Quayside road closure extended in Peel
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Mars needs MHKs, says space society
A Island science organisation is calling on general election candidates to back space exploration.
Historic replica ship arrives in Douglas
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Vandals were flung poo fighting in Jurby
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Don't give seals raw deals, says Wildlife Trust
The Manx Wildlife Trust is asking people to take extra care as baby seals start making an appearance around the Island's coast.
