Port Erin Commissioners are set to receive £15,000 from the developer of newly planned apartments in the town.

Jason Roberts, the clerk at the commissioners, said he had received a section 13 agreement from property developers Tevir Properties regarding the 38-apartment development on the former Ocean Castle Hotel site on Port Erin Promenade.

This gives the local authority control over any open space or a ‘commuted sum’ if it’s not provided.

The board will receive £15,000 ‘in lieu’ of public open space, whilst central government will receive £442,168 instead of ‘affordable housing’.

The government has previously said that the development will provide residential accommodation in line with the Island Plan’s ambition to improve housing provisions.