Revamp Spa venue loses £800,000 in three years

BRIDLINGTON Spa has made losses totalling more than £800,000 in the past three years, it has been revealed.

Figures show that the venue, which reopened to the public in May 2008 after a £19.5 million revamp, needed a taxpayer-funded subsidy of £416,087 in the first full financial year after reopening.

That fell to £214,751 last year.

Up to the end of February, this financial year, it made a loss of £204,940, despite sell-out concerts by performers including Jessie J, John Barrowman and Jason Manford.

East Riding Council says it wants the venue – which hosts the Yorkshire International Business Convention and the British Open Darts Championships –to eventually be self-financing.

The Spa was among the most visited cultural venues in the East Riding last year with more than 300,000 visitors, boosting the local economy by an estimated £12 million.

Nigel Leighton, director of environment and neighbourhood services, said: “Since The Spa’s refurbishment, the country has faced the worst economic downturn in nearly a century. Despite this the subsidy provided to the venue by the council has decreased year-on-year, in line with the authority’s eventual aim for it to be self-sustaining.”