23 Jul 2012
SIV to take over two North Yorkshire venues
BY Tom Walker
Image: SIV is to operate Scarborough Spa
Sheffield International Venues (SIV) has secured a contract to operate two new venues - the Scarborough Spa and Whitby Pavilion - in North Yorkshire.
Both venues are currently owned and managed by Scarborough Borough Council (SBC), which had initiated a tender process last year to find a management company to take over the two venues.
Subject to contracts being formalised, SIV will enter into a 10-year agreement to run the two venues and the Scarborough Spa Cliff Lift on a 50/50 profit share basis. The partnership is expected to begin formally this October.
In the first year of the partnership, SIV has already pledged to invest more than £700,000 in refurbishment work at the two venues. It comes after SBC completed a £6.5m redevelopment of Scarborough Spa last year.
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