The Pier Field site in Skegness will be sold to a developer wanting to build a hotel and restaurants, it has been decided today (Wednesday).
East Lindsey District Council this afternoon voted on the the sale to KCS Developments, subject to contract and planning.
KCS wants to build a Premier Inn and restaurants on the site, and the council said it represented the Best Consideration reasonably obtainable - meaning it was the highest bid.
Portfolio Holder for Finance and Property at the District Council, Councillor Nick Guyatt, said: “Council agreed to accept the bid put forward by KCS Developments. The Council, along with its partners, is working hard to grow the economy along the coast where tourism is so vitally important to the livelihoods of so many people.
“The interest KCS Developments has shown in Skegness, along with other bidders, shows confidence in the resort and sends a message that Skegness has a positive and exciting future.
“Over the coming months the District Council will be developing an Asset Management Plan to cover all assets in the Council’s stewardship, including much of Skegness’ foreshore. In developing the Plan the Council is keen to work with the business community to consider what opportunities there might be for further investment in the resort to grow the visitor economy and create employment.”
The Council registered the Pier Field site as an Asset of Community Value in March 2015, which provided an opportunity for anyone with an interest in the site to submit a bid as part of a marketing exercise.
KCS Developments will be required to apply for planning permission before any development on the site can take place and the planning process would be an opportunity for anyone with views on the proposed development to have their say.