due diligence period extended to February 2018

Due Diligence Period Extended to February 2018

23 November 2017

Our talks with SBC over the future running of Lydiard Park have been both extensive and intensive. In March of this year, we entered into a period of due diligence to verify information provided by the Council earlier in the process in order to agree a Business Transfer Agreement and long-term lease. Although discussions have gone well, further work needs to be undertaken on the condition survey of the building and the future of the conference facilities. The due diligence period has therefore been extended to February 2018 to allow an agreement to be reached that suits both parties.
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