The Town Council is pleased that its application to register the land at Dip Farm as an Asset of Community Value has been successful.
In real terms this means that should the owner of the site ever decide to sell the land, the community will be able to submit an intention to bid before the land is put on the open market.
Further information can be found at www.eastsuffolk.gov.uk/community/community-rights/community-right-to-bid.
The registration as an Asset of Community Value does not affect any current leases for the land.
This is the first site the Town Council has successfully added to the register on behalf of the community of Lowestoft.