The former marine laboratory in Port Erin has been sold by the Department of Infrastructure for £500,000.
It has been purchased by Delgatie Ltd. who plan to replace the existing structures with a 'mixed use development'.
An agreement has also been made to improve the land in front of the building, which will remain in the hands of the government.
Delgatie Ltd are a property development company founded last year operating in the Isle of Man and UK markets.
No dental needs assessment before election, says minister
Cabinet Office minister David Ashford says there'll be no formal assessment of dentistry needs on the Island before the next general election.
Did TT visitors know what's going on this year?
Did the government manage to reach enough TT visitors this year?
New date for tin bath races announced!
The organisers of the tin bath racing in Castletown have confirmed a new date for the event after being forced to postpone it.
Translators paid £23,000 by Manx Care in five years
Manx Care says it's spent just over £23,000 on translators since 2021.
Should those committing misconduct in public office face prosecution?
Should public figures face prosecution for misconduct in public office?
Michael Dunlop gets an MBE!
TT legend Michael Dunlop has been made an MBE in the King's Honours List.
Over £6,500 raised to help this year's injured TT riders
Online fundraisers for two racers injured at this year's TT have already raised more than £6,500.
RAF fighter aircraft to perform for Classic TT
The TT has the Red Arrows display - but the Classic TT will be getting a visit from one of the most advanced aircraft in the RAF.
