"7th February 2020
Positive progress to report!
In December we commissioned Fourth Street management consultants to undertake an outline operational business plan for rebuilding #Peckham #Lido. This work has now been completed and we’re in possession of an excellent piece of work. The report has raised many questions and areas that need further work, but Fourth Street’s conclusion is very exciting:
“On balance, we conclude that there is ample justification to believe that a redeveloped lido in Peckham Rye can produce a sustainable business that is not only viable in its own right but could generate a small surplus for reinvestment. The characteristics of the local market are encouraging for this type of offer and, as important, the concept goes with the grain of current trends in health and fitness generally and swimming in particular. Moreover, it is our considered view that Peckham Lido could be a significant economic asset for LB Southwark and for South #London, producing a valued new leisure destination, but also reinforcing the perception of Peckham as a great place to live and work and providing a powerful source of civic pride.”
We’re now looking to meet with #Southwark Council to review the work. After this we’ll be back with a further update.