When selling a public asset, 'community value' must be taken into consideration:
Futures Forum: Plans for Port Royal > "Community value counts as well as financial. Selling simply to the highest bidder is unlikely to be best for the town - and achieving ‘best value’ can done with a combination of factors."
It was in September when a community bid was initiated for the Drill Hall:
However, there hasn't been much activity since: the last posting on the Facebook pages of the campaign group was two months ago, on 8th October:
The Sidmouth Drill Hall Rescue website has been putting together a record of the process from recommendation to conclusion:
All the background to this process can be found in the Port Royal Thoughts section under the Background Reading heading on the navigation menu.
The Structural Engineer’s Report is available if you create an account
THE DRILL HALL FOR SALE - Sidmouth Drill Hall Rescue
In November, the Drill Hall was made available to commercial bidders:
Futures Forum: Plans for Port Royal: Drill Hall on the open market
Again, with more information on the Rescue site:
7th November 2018
The Drill Hall sale has been opened to commercial bidders. JLL has issued the sales particulars. Download sales details pdf.
THE DRILL HALL FOR SALE - Sidmouth Drill Hall Rescue
With regard to interest from commercial bidders:
- It is known that local, regional and national businesses have shown interest, meeting up with the official agents JLL over the past fortnight.
- For example: one group of three were seen being taken in to view the Drill Hall on Friday 30th November.
Meanwhile, the Neighbourhood Plan is about to go to Examination:
NeighbourHood Plan - Sidmouth Town Council
It has a very clear set of constraints on any future development at Port Royal:
Futures Forum: Plans for Port Royal: marketing of Drill Hall to coincide with draft Neighbourhood Plan
.
.
.
In November, the Drill Hall was made available to commercial bidders:
Futures Forum: Plans for Port Royal: Drill Hall on the open market
Again, with more information on the Rescue site:
7th November 2018
The Drill Hall sale has been opened to commercial bidders. JLL has issued the sales particulars. Download sales details pdf.
THE DRILL HALL FOR SALE - Sidmouth Drill Hall Rescue
With regard to interest from commercial bidders:
- It is known that local, regional and national businesses have shown interest, meeting up with the official agents JLL over the past fortnight.
- For example: one group of three were seen being taken in to view the Drill Hall on Friday 30th November.
Meanwhile, the Neighbourhood Plan is about to go to Examination:
NeighbourHood Plan - Sidmouth Town Council
It has a very clear set of constraints on any future development at Port Royal:
Futures Forum: Plans for Port Royal: marketing of Drill Hall to coincide with draft Neighbourhood Plan
.
.
.
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