East Lindsey District Council has revealed that the highest bidder for the Cattle Market site - if it is sold following a vote on July 23 - is ASDA.
Fifteen companies submitted bids for the site, and McLagan Investments Ltd (c/o ASDA Stores Ltd) put forward the highest bid for the site.
The value of the bid remains commercially confidential.
ELDC has stated that any proceeds arising from a sale of the site would be used to support other services provided by the council, and that any decision to accept an offer would be a matter for Full Council to consider.
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