West Marina Land Disposal and Development

Tender description

A developmant agreement for commercial and residential development of land at West Marina, Seaside Road, St Leonards on sea and associated grant of leases and transfers of freehold properties Lot 1: Hastings Borough Council ("the Council") has entered into an agreement with West Marina St Leonards Limited ("WMSLL") for the development and disposal of land at West Marina, Seaside Road, St Leonards-on-sea ("West Marina"). West Marina has been largely vacant for over 30 years following the closure of the former lido. The site represents an opportunity for land to be developed to create a high quality development which can help regenerate the area. Development of the site includes a mix of residential units (including some affordable housing) as well as commercial units, beach huts and "glamping spaces". The arrangements entails a minimum of 1,500 sqm of buildings comprising workshops / live works space within sui generis use class, 50 beach huts and 12 glamping huts as well as a minimum of 125 residential buildings and a car park. The Council invited proposals from two bidders, from which its preferred partner has been selected. Additional information: The Council has entered into a contract to WMSLL which is wholly owned by County Gate Properties Holdings Limited ("County Gate"). County Gate's bid is guaranteed by the Generator Group Holdings Limited who replaced County Gate's original proposed guarantor Sunley Holdings Limited.