Long term tenant sought for Portsmouth Lido project
Real estate firm Avison Young, which is working with Portsmouth City Council to bring back to life Portsmouth's 1930s open-air swimming pool - the Hilsea Lido - is looking for a long term tenant.
The historic community asset is set to open in the summer of 2025 - its 90th anniversary.
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The Lido's renovation includes the total refurbishment of the 67-metre long pool and surroundings, with new outdoor changing facilities and showers, along with extensive landscaping.
Richard Baldwin, director at Avison Young UK said: "We’re delighted to be working with the Council on this important historical leisure project.
"It’s rewarding to see such an important community asset being brought back to life.
"We’re now seeking all expressions of interest for a long-term tenant operator who shares the Council’s vision to promote Hilsea Lido’s use as a hub for the people of Portsmouth, encouraging people to swim, children to learn and families to play."
The original Lido changing rooms, splash pool and the former Blue Lagoon café offer the opportunity to be transformed by a tenant to create complementary facilities to enhance the wider offer and development of a destination landmark.
The site is part of Portsmouth City Council’s ‘Transforming the Visitor Economy’ project, which was awarded £20m of funding from the UK government.
Alongside Hilsea Lido, the £20m will also improve the wider Hilsea Lines area along the northern coast of Portsea Island.
£11.25m went to the now completed terminal transformation project at Portsmouth international Port which opened in August last year.
