Lidl are dragging their feet about formulating a decision on what to do with the site. The matter is now in the hands of the Lidl (UK) board. It is reported that the offers the company have received for the site were “disappointing”. They have received a number of Expressions of Interest from pubcos, but none of those who made an Expression of Interest made a formal offer for the site.
The Lidl board are considering 2 options:-
To sell the site notwithstanding that Lidl would make a loss on the deal.
To make another planning application to Bromley Council. This is something that Lidl have not raised before.
We are advised that the board decision should be due “shortly” (whatever that means).
It may be that Lidl are awaiting for the ACV to expire early next year, and in the meantime they will treat the Porcupine as an investment.
We will keep you informed should there be any developments. Please keep watching, we may need your assistance at short notice.
Anyone wishing for further information should contact Ted Rowlands, Chair, Porcupine Development Committee. [email protected]
You might also be interested to visit the Porcupine Twitter feed for more information and background.
Google “Porcupine Pub Mottingham” for more interesting links. (Other search engines are available)
Manage Consent
To provide the best experiences, we use technologies like cookies to store and/or access device information. Consenting to these technologies will allow us to process data such as browsing behaviour or unique IDs on this site. Not consenting or withdrawing consent, may adversely affect certain features and functions.
Functional
Always active
The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
Preferences
The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
Statistics
The technical storage or access that is used exclusively for statistical purposes.The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
Marketing
The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
Lidl are dragging their feet about formulating a decision on what to do with the site. The matter is now in the hands of the Lidl (UK) board. It is reported that the offers the company have received for the site were “disappointing”. They have received a number of Expressions of Interest from pubcos, but none of those who made an Expression of Interest made a formal offer for the site.