But, as ever, it’s in the detail where things get murky. Not only will the businesses affected have to contend with the costs of being out of business (or relocating) for up to two years, there is no guarantee that they will be allowed to return once work is completed and, if they are, it will be at vastly inflated rents.
What evidence is there for this? Well, in Herne Hill, Network Rail have already refurbished arches on Milkwood Road. Two of the Herne Hill businesses affected by the proposed eviction notices, Walters the butchers and Dickson’s the off-licence, currently pay £9k and £15k per annum for their leases, respectively. The newly re-furbished arches on Milkwood Road, however, go for between £30k and £40k, between two and four times as much.