They want to convert the entire building into 25 self-catering apartments, with a fitness centre and car park. Under the proposal, the dive centre would undergo a refurbishment but would remain part of the complex.

In 2009 Water’s Edge Holdings Ltd invited feedback from the public over its plan to demolish the hotel and the Black Dog pub to make way for 24 flats.

The popular drinking spot will avoid the wrecker’s ball if the Planning department gives the proposal the go-ahead but would be converted into a new-look bar and restaurant.