National Treasure Island

Collas Day work with the Starboard Settlement to secure the new tenancy of Herm.

Collas Day acted for the trustees of the Starboard Settlement in the acquisition of Herm Island. Herm Island is the nearest neighbour island to Guernsey, managed under a lease from the States of Guernsey. The island is unspoilt, with only a limited amount of development focused on hospitality . Herm is highly regarded, in particular by the people of Guernsey: the change of ownership attracted significant attention in Guernsey and abroad.

The transaction involved the negotiation and drafting of a new lease from the States of Guernsey of the 80 acre island and the acquisition from the previous owners of the businesses carried on there which include the White House Hotel and the Mermaid Tavern

A team drawn from Collas Day's Commercial and Property departments worked on the transaction, including partners Jason Green, Collas Day's new head of Property, Jason Romer of Commercial and Chris Bound, whose experience spans both Commercial and Property.

The Starboard Settlement 's principal purpose is to provide financial support for charities in the developing world.