Capital Investment Agreement

Tunbridge Wells Borough Council (TWBC) is likely to have a budget of c£4.5 million of capital funding to spend on its Leisure Centres at St John's Tunbridge Wells, Putlands Paddock Wood and The Weald Cranbrook, comprised of £1,223,620 of s106 monies approved by its Cabinet on 25 September 2025 and a further £3.2 million to be agreed by its Cabinet on 25 June 2026. TWBC is currently negotiating the leases of the three Leisure Centres with Serco Leisure Operating Limited (Serco), for a term of 7 years. In order to en...