The Trustees of Freshwater Independent Lifeboat have signed a new lease that secures the future of the Isle of Wight lifeboat station for the next 50 years.
The signing of the lease agreement with the Isle of Wight Council on Sunday (22nd April) marks a key milestone for the charity and their 5 year plan to improve the slipway and enhance the boathouse.
These plans, designed to overcome an ongoing struggle with the buildup of shingle, are estimated to cost £1.5million.
This new lease provides security to anyone wishing to donate money that the volunteer lifesavers are to stay in the bay for at least 50 years, until 2068.
Richard Barton-Wood, Trainee Coxswain, Treasurer and Trustee, has said:
“I’d like to thank Matthew Barrow, Partner of Lester Aldridge Solicitor in Southampton and Martin Hastelow, Head of Office, Savills in Southampton for their help and expertise in making this happen.”
