Agent unveils Skegness investment opportunities

Pygott & Crone has announced a number of opportunities to invest in the Lincolnshire coastal town of Skegness.

As the appointed sole agents, Pygott & Crone is welcoming expressions of interest by 10th January 2022 for three key strategic potential development sites located on Skegness Foreshore. There are a wide range of suitable planning uses across all three sites, and this forms part of a new Investment Plan and vision for Skegness that is being led by East Lindsey District Council together with the Connected Coast Board.

East Lindsey District Council says it is committed to supporting and enabling these developments on Skegness Foreshore and is seeking investors who share their vision. Some £2m of match funding is on the table, and long-term leasehold opportunities are available.

The three potential development sites are
– LOT 1: 7,250 sq m Southern Bowling Greens – identified as suitable for the provision of flexible space for mobile investments
– LOT 2: 15,600 sq m Southern Boating Lake – identified for the construction of a new pavilion structure overlooking the lake
– LOT 3: 1,400 sq m Pier Field Chalets – identified for the development of a new food and drink offering

The deadline for Expressions of Interest is 10th January 2022 and should be submitted to the Pygott & Crone Commercial office at 21 The Forum, North Hykeham, Lincoln, LN6 8HW. You may also email expressions of interest to Jasper Cauldwell at jcaudwell@pygott-crone.com.

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