ERYC have confirmed contracts have been exchanged between the council and Bridlington Golf Club for the sale of land at the Belvedere Road golf course.
Bridlington Golf Club has been in the town for over 100 years and, as well as having many members at the golf club, attracts thousands of visiting golfers every year.
Work has already started on a 19 bedroom hotel which will be open to both golfers and non-golfers alike.
Discussions have been underway for a number of months and the council has sought advice from the district valuer over the terms of the sale. The district valuer has concluded that the price agreed is “fair, reasonable and best value”. The process has also been reviewed by the council’s external auditor which was also satisfied that the council was obtaining best value for the land.
Chairman of Bridlington Golf Club Mike Smith said: “The conclusion of these negotiations brings to an end a very difficult 5 years for the club. We have been in existence for over 100 years, and now we can look forward to another 100 years with confidence. This deal means that one of the towns great sporting facilities will be preserved for future generations.”
Alan Menzies, director of planning and economic regeneration at ERYC said: “The sale of this land to Bridlington Golf Club helps secure the future of this historic club within the town and also means the council secures a capital receipt that will go back into the authority’s budget for future capital works.
“The sale of land and buildings that are surplus to the council’s operational requirements or that could benefit local communities is a daily undertaking for the authority, with our valuations and estates office handling over 750 property transactions in 2017/18, including sales, purchases, licences, tenancies and rent reviews.
“We will continue to promote ‘golf for all’ in Bridlington and the surrounding area and also strive to attract more visiting golfers to the area.”