Home > Latest News > Business > North East Lincolnshire Council’s Cabinet set to discuss a pre-let for the Sea Road building in Cleethorpes

North East Lincolnshire Council’s Cabinet set to discuss a pre-let for the Sea Road building in Cleethorpes

Stuart

1/11/2024 3:46:24 PM

Business

3 mins read

Sea Road, in the heart of the town, has been remodelled over the last few years, with the former “Waves” site being demolished for redevelopment.

Interrupted by COVID, the scheme has picked up again in the last few months following the award of Government’s Levelling Up Fund monies for three projects in the heart of the town, with the main construction works starting later in 2024.

The landmark Sea Road building has been marketed by local agents, PPH Commercial, using realistic external drawings of the scheme and a fantastic fly-through video, generating serious interest in the site from interested parties.

Discussions regarding a long-term pre-let agreement are in advanced stages, and proposed Heads of Terms have now been agreed, subject to Cabinet approval, for most of the ground floor and all of the first floor of the building, to a leading independent national hospitality company.

The remainder of the building will continue to be marketed for use.

The Cabinet meeting is on Wednesday 17 January at 5pm at Grimsby Town Hall.

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