Expression of Interest - Business Opportunity on Lowestoft Blue Flag Seafront
Lowestoft


Expressions of interest in writing are now invited from suitable entrepreneurs interested in the lease of the East Point Pavilion, Royal Green, Lowestoft.

The facility presently contains a restaurant, children’s play area and a tourist information centre.

It is proposed that the whole of the Pavilion will be leased for commercial operation. The lease term is likely to be for a minimum of 20 years. The Council intends to lease back an area of the Pavilion for use as a tourist information centre for a minimum of 15 years. The restaurant area is subject to a separate lease which expires late 2010. It is anticipated that the lease will commence asap.

The operation of the pavilion will have to be in line with the obligations entered into when the Council obtained external funding in respect of the pavilion. Completion of any lease and invitation to offer will be subject to various matters including quality thresholds, suitable experience of operations, financial standing and the like. Full detailed documentation will be provided following the closing date to enable offers to be made.

Expressions of interest must be received by 16th April 2010 to Tony Rudd of NPS Property Consultants Ltd at the address below. Tel (01502 532356)

Please provide full contact details and quote reference EPP/TR.

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