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Proposed New Leisure Facilities for Brackenborough Lawn

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<strong>Proposed</strong> new <strong>Leisure</strong> <strong>Facilities</strong> <strong>for</strong> <strong>Brackenborough</strong> <strong>Lawn</strong>, Louth 5<br />

3<br />

THE MARKET OPPORTUNITY<br />

Lincolnshire Wolds Ramblers<br />

St James Church<br />

Walks around Louth (Tinklepenny Lock)<br />

Louth Market<br />

The Market Opportunity<br />

The core catchment <strong>for</strong> holidays and short breaks in this area<br />

is from South Yorkshire and the East Midlands in particular.<br />

Within such a catchment there are a high proportion of older<br />

residents (aged 35+) with no dependent children. There is also<br />

a relatively strong degree of affluence. This is a similar profile<br />

to those seeking to purchase/lease a holiday lodge in the UK<br />

and indicates that there may be considerable demand and<br />

need <strong>for</strong> such a scheme in this location.<br />

Whilst the traditional two week domestic holiday has long been<br />

in decline, there has been considerable growth in the market<br />

<strong>for</strong> domestic short breaks over recent decades. Interest in the<br />

Wolds appears to have grown, and recent research undertaken<br />

on behalf of East Lindsey District Council suggests that there is<br />

strong demand <strong>for</strong> the sale/rental of holiday homes in the area.<br />

Cadwell Park<br />

Market Rasen Races<br />

<br />

appeals to primarily older and more affluent people. Thus the<br />

lodge market has a strong synergy in this location on the<br />

Northern edge of Louth and adjacent to the Wolds AONB,<br />

with the core catchment population and would appear to<br />

offer a greater market opportunity in what is a primarily<br />

rural location.<br />

Louth Theatre<br />

Louth Golf Club

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