East Lindsey District Council is offering developers a unique opportunity to invest in five prime sites close to Skegness seafront to help shape the future of the iconic resort.
Skegness is the fourth most visited coastal town in the UK and to help drive growth even further, a Foreshore Masterplan has been created. At its heart is an expansion and diversification of a thriving visitor economy appealing to investment into the green, cultural, heritage, arts, sports and leisure markets that will benefit local communities and visitors alike.
As part of the Skegness Foreshore Masterplan, developers and investors now have a chance to work with the Council to shape, grow and expand the iconic resort through the acquisition of a number of sites along the Skegness Foreshore.
The five lots are:
Lot 1 – Skegness chalet site
The site has detailed planning consent for 16 seasonal overnight lodges and reception buildings.
Lot 2 – Southern Bowling Green
Two former bowling greens with road fronting Princes Parade next to the main vehicular access to the Pavilion Car Park.
Lot 3 – Southern Boating Lake
The Southern Boating Lake, including the central island and surrounding walkways, internal bridges and terraced seating.
Lot 4 – Former Festival Pavilion site
This is earmarked within the Skegness Foreshore Masterplan for some form of commercial, landmark development, potentially offering high level views across Skegness.
Lot 5 – Pier Field Chalets
The site currently comprises a suite of 24 disused former chalets and facilities on land next to Skegness Pier, Pier Field and the foreshore waterway.
Skegness offers a wealth of benefits to investors – a flourishing tourism sector, value for money, natural assets and a commitment to growth.
A significant rise in the demand for UK holidays is giving a much-needed boost for tourism. Annual data indicates that East Lindsey has continued to experience a growth in visitor numbers and the associated impact and value of the visitor economy.
Visitor Economy visitor data shows that the area has approaching 2.2 million holiday visitors per year and this strong tourism offer continues to drive a high level of investment.
The lots are being made available at a time of significant investment into Skegness through the transformational multi-million-pound Towns Fund Deal projects.
In a deal worth £24.5m the town centre and railway station will undergo major regeneration never seen before, allowing East Lindsey District Council and partners to enhance, develop and improve what Skegness has to offer for residents and visitors.
The Skegness Foreshore project, which is part of the Connected Coast Town Deal, has a funding allocation of £2milllion.
Initial Expressions of Interest should be submitted by October 31, 2022.
From November 14, the Council will invite the shortlisted parties to work up detailed Expressions of Interest. The deadline for the full applications is January 31, 2023.
East Lindsey District Council has commissioned Banks Long & Co to assist in marketing the sites. For more information please visit https://bankslong.com/properties/foreshore-development
This is a brilliant opportunity to invest in prominent, foreshore sites in Skegness and to create new facilities and attractions which give more reasons for people to spend their time and money here.
By offering these sites for let demonstrates our commitment to continue working with partners to bring growth, create jobs and investment in one of the UK’s much-loved resorts.
HM Government support the council’s and the Connected Coast Board’s vision through the Towns Deal and now through this call for expression of interest, we hope to find local and national investors who can grow the opportunities in Skegness even further.Councillor Steve KirkPortfolio Holder for the Coastal Economy at East Lindsey District Council
There is huge potential to improve the Skegness foreshore and provide new leisure, tourism, and commercial opportunities.
Individually and collectively the development of these sites will enhance Skegness and will improve what’s on offer for people who live here and for those who visit the town.The marketing of these sites is an important step towards the transformation of this part of Skegness.Claire DraperVice-Chair of Connected Coast Town Deal Board