Streatham Space Project Update

London Square (the developers) and Lambeth issued a tender document for a new operator for the Streatham Space Project and held an open day for those interested, and for community consultation.

The new offer is for a 17 year rent-free lease (the remaining time from the original 25 year lease), with the operator responsible for all other building costs – rates (with discount for charities), insurance, service charges, utilities, repairs and maintenance – plus their operating costs.

SAC went along to the open day to help potential bidders with information we have, based on our experience of the previous tender and the operation of the space – see our library for more on those.

We also joined other community groups and individuals to give feedback on what the community would like to see, and how an operator should work with the community while running a sustainable operation.

Lambeth have issued the output of the community consultation and will be issuing an update for tenderers.

You can contact London Square at john.giblin@londonsquare.co.uk and Lambeth at culture@lambeth.gov.uk.

Streatham Space Project – Opportunity and Open Event

From Lambeth Culture and London Square:

London Square, with support from the London Borough of Lambeth, are looking for an enthusiastic organisation to take over the lease on the Streatham Space Project venue. This is an exciting opportunity to bring the space back to life for the benefit of the local community and other stakeholders.

We are seeking a venue operator with vision, a genuine commitment to community engagement, professionalism and relevant experience.

On 19 March, between 3-6pm, we will be hosting an open house event at the theatre. 

Parties who are interested in submitting a proposal, are invited to come and see the space and understand if it is suitable for them.

Members of the local Streatham community are also invited to come and share their thoughts on the future of the space.

Feedback from that session will be shared with interested parties so London Square and the council can ensure that when parties respond to the tender, they’re aware of the interests of the local Streatham community. 

If you’re interested in joining the open house please sign up for a session here.

A tender document is attached – Streatham Space Project_Tender Document_LSQ_March 2026.pdf. This PDF has a black background – an inverted version is here, but note that colours are also inverted!

The tender document gives a timeline:

• Invitation to Tender launched Open House Event for local community and interested parties 19th March (3pm to 6pm)

• Community Engagement Feedback Published w/c 23rd March

• Deadline for Expression of Interest 27th April

• London Square/ Lambeth concluding review of EOIs and due diligence. 15th May

• Shortlisted Tenderers notified 19th May

• Deadline for Tender Submissions 30th June

• Assessment Period and Deliberation 1st – 16th July

• Target Operator Selection Date 17th July

• Estimated lease completion date 21st August

Latest from Lambeth on Streatham Space Project

Lambeth have posted the following item in their September Voluntary and Community Sector news email. You may wish to sign up for their SSP news!

Seeking a new operator for Streatham Space Project

Streatham Space Project

As many of you know, Streatham Space Project closed its doors early this year. We are working closely with the landlord, London Square, to secure a new operator. Our priority is to bring the venue back to life for the benefit of the community.

London Square will soon go live with more information about this opportunity, including details of an upcoming Open House and community engagement event.  If you’d like to be kept updated about this project, and would be interested in attending any upcoming events, please email culture@lambeth.gov.uk to be added to the Streatham Space Project mailing list and someone will be in touch with more information as soon as it becomes available. 

RE:Purpose capital grants programme for creative sector

With support of the UK Shared Prosperity Fund (UKSPF), Lambeth Council is launching round two of RE:Purpose, a small capital grants programme for creative industries businesses and cultural organisations based in or operating in the borough of Lambeth.

RE:Purpose empowers businesses and organisations to transform underutilised spaces into vibrant cultural hubs, improving access and fostering sustainable, purpose-driven business models. In this round, they will also invite applications for improvements that improve sustainability and climate resilience, and that support the night-time economy. You can apply for up to £25,000.

Grants from InStreatham BID

A message from our local Business Improvement District who are once again offering grants for events.

“Thank you for all your hard work and dedication to creating events that make Streatham a great place to live, work and visit.

Applications for awards of up to £5000 from the InStreatham Community Events Award are now live!

Deadline for Submissions is midnight on July 5th 2025. Please find the application form attached.

Awards are to be made from July 30th and projects must be delivered by July 30th 2026.

If you organised an event in 2024 and haven’t yet sent through an evaluation please do so with this year’s application to be considered for funding.

Please send your application to: info@instreatham.com

We look forward to receiving your applications and wish you the best of luck!I

If you have any questions, please direct them to info@instreatham.com