Victoria Bone, Daily Mirror

JAMES Hewitt is quitting Britain to open a restaurant in Spain - but even his own family fear it will be a financial disaster.

The 47-year-old royal love rat has bought a rundown building in Marbella which he hopes to turn into a five-star joint for the rich and famous.

But relatives are worried the venture will go the same way as his previous business flops and he will be skint.

A family friend said: "As much as they love James, everyone knows his business ventures always fail.

"He's already tried unsuccessfully running a riding stables and investing in a golf driving range, but nothing ever works.

"James reckons there is an opening in the market in Marbella for a classy restaurant. He said most are for the ham, eggs and chips brigade. He is convinced he's on to a winner but his family are concerned he will end up in another total mess, only this time he will be penniless in a foreign country."

Princess Diana's former lover Hewitt lost £30,000 when a golf range he opened in East London went bust in 1994. And his Devon riding stables collapsed. He has just resolved a dispute with the Inland Revenue over an alleged unpaid £2.7million tax bill. He was allowed to pay only £106,000 but had to remortgage his flat in Kensington, West London.

Hewitt will rent out the home after he leaves for Spain next week.

The ex-army officer's spokesman Michael Coleman said: "You sound like you've done a lot of research so there's no need for me to say anything."

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