Bids are now being considered
The marketing period for the Sidmouth Drill Hall site came to an end on Friday February 4 following a period of six months for community-based bids to come forward alongside a shorter three-month period for commercial bidders to prepare.
Three interesting and diverse bids were received and they are now being considered by a core group of local councillors and officers from East Devon District and Sidmouth Town Councils with advice from professional property agents JLL, who have been managing the marketing process.
Any recommendations from the core group will go before East Devon District Council’s Cabinet for its approval and for the moment, the detail of the bids must remain confidential.
Sidmouth’s Drill Hall is a building on a prominent site for the town and we understand the degree of local interest in what the future holds for the area. This could become an important asset and attraction that adds to what Sidmouth offers its residents and visitors alike.
There will be no immediate detailed announcements as we have a process of consideration, selection and negotiation to go through but we can certainly say that there has been an interesting mix of bids come in for consideration.