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 will be issuing an update for tenderers and the output of the community consultation, which we will share when we get them.