Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re:Re:Watermans Shock Closure | |
Posted by: | Guy Lambert | |
Date/Time: | 21/03/24 19:34:00 |
Correct. Topland (before my time) bought the police station from the police. They also bought the lease of half of the Waterman's building previously occupied by max factor. It has a long lease but the council is the freeholder of the whole building. Waterman's have occupied their half rent free, I believe, but asked to stand on their own feet supported by the arts council. I was a trustee for a time but no longer -not my ward now. Attendance never really recovered after pandemic. The deal for the police station, which I believe survives, had been greatly delayed by lockdown, planning being called in by the secretary of state, and wrangling with the landlord. Now there's massive inflation in constructing costs and, especially, interest rates at a time when the housing market is weak. Still hopeful that the police station will happen but more wrangling. Flats etc in the cop station have never been available to the council because always owned by police or topland |