The Pavilion requires a huge amount of investment in order to make it viable until the Lease expires in about thirty years.
I know one or two local worthies trying to put together a scheme but in the current financial climate I fear a national company will snap up the Lease and put something thoughtless in place to turn a few quid.....
It would be a good idea to engage with TDC (who have to approve an assignee) and possibly develop a 'brief'.
The Pavilion is an ideal place to create and 'arts' focus as well as providing other facilities. Unfortunately, if you look around yourself in the middle of Ramsgate most of the time, you are not surrounded by people who would make good use of an 'arts' facility....... X-Box, Playstation, cheap lager and a display centred on a whole new sub-genre 'Vacant Expressionism'..... now that could work