Out with the Old... Network Rail tell businesses to vacate Atlantic Road arches

[Carpet man]

How Brixton's Railway Arches Have Become A Battleground In London's...


I agree its a class issue. Capitalism pushes aside the little people in the pursuit of profit. Everything is about money.

Network Rail have stated that if any Trader contests the action in Court any costs incurred by Network Rail will be deducted from the ' compensation pot ' that has been allocated . This is one of many issues we're up against !

 

[bimble]

Network Rail have stated that if any Trader contests the action in Court any costs incurred by Network Rail will be deducted from the ' compensation pot ' that has been allocated . This is one of many issues we're up against !

That means if one of you fights everyone suffers for it? bloody hell.

 

[SpamMisery]

Am I reading the planning application right in that it says rent in:

• Years 1-3 will charge 50% of 2015's market rent
• Years 4 and 5 will charge 75% of 2015's market rent
• Years 6 and 7 will be at 2015's market rent
• Year 8 will be a rent review

?

 

[editor]

Network Rail have stated that if any Trader contests the action in Court any costs incurred by Network Rail will be deducted from the ' compensation pot ' that has been allocated . This is one of many issues we're up against !

That is disgusting behaviour.

 

[Carpet man]

That is disgusting behaviour.

The rent on a single railway arch will be £47,000 pa by year 6 that's roughly £900 per week plus rates etc .
WE NEED EVERYONE'S HELP ! Campaign , sign petitions , post on Twitter & Facebook please !

 

[Carpet man]

The rent on a single railway arch will be £47,000 pa by year 6 that's roughly £900 per week plus rates etc .
WE NEED EVERYONE'S HELP ! Campaign , sign petitions , post on Twitter & Facebook please !

Network Rail to sell off 18 major train stations including Waterloo
Crazy rent increases , starting to make sense now !

 

[bimble]

Network Rail to sell off 18 major train stations including Waterloo
Crazy rent increases , starting to make sense now !

jeesus, look at that bit at the end, they've brought in bankers from Citigroup to help figure out how to make as money as possible from all NR property:

"For example, spaces under railway bridge arches have been rented out to firms to be used as nightclubs and restaurants. A Network Rail source told The Independent on Sunday that Citigroup had been asked to find the best options for the organisation's stations.
The source said: 'It could be just the retail; it could be a concession option like St Pancras. It could be some, could be all. It might be same answer for all or treating them individually.
'The point is there are lots of possibilities. Citi is testing the market so there will be lots of opinions out there and none of them right, as our board will make that decision some months down the line from now.'

 

[alcopop]

jeesus, look at that bit at the end, they've brought in bankers from Citigroup to help figure out how to make as money as possible from all NR property:

"For example, spaces under railway bridge arches have been rented out to firms to be used as nightclubs and restaurants. A Network Rail source told The Independent on Sunday that Citigroup had been asked to find the best options for the organisation's stations.
The source said: 'It could be just the retail; it could be a concession option like St Pancras. It could be some, could be all. It might be same answer for all or treating them individually.
'The point is there are lots of possibilities. Citi is testing the market so there will be lots of opinions out there and none of them right, as our board will make that decision some months down the line from now.'

They're looking at options.

The utter bastards!

 

[bimble]

They're looking at options.

The utter bastards!

It was the bit about how they've brought in Citigroup to deal with this for them and how "It might be same answer for all or treating them individually' that stuck out for me. But I'm sure NR and citigroup appreciate your support in all their emndevours.

 

[CH1]

jeesus, look at that bit at the end, they've brought in bankers from Citigroup to help figure out how to make as money as possible from all NR property:

"For example, spaces under railway bridge arches have been rented out to firms to be used as nightclubs and restaurants. A Network Rail source told The Independent on Sunday that Citigroup had been asked to find the best options for the organisation's stations.
The source said: 'It could be just the retail; it could be a concession option like St Pancras. It could be some, could be all. It might be same answer for all or treating them individually.
'The point is there are lots of possibilities. Citi is testing the market so there will be lots of opinions out there and none of them right, as our board will make that decision some months down the line from now.'

I don't know if you've tried Amtrack - but IMHO Citigroup might make a start by somehow trying to sort out the railways "over there".

 

[Rushy]

The rent on a single railway arch will be £47,000 pa by year 6 that's roughly £900 per week plus rates etc .
WE NEED EVERYONE'S HELP ! Campaign , sign petitions , post on Twitter & Facebook please !

Which arch would this be for? I presume there is some variance in price since, as well as distance from the high street, the new ones appear to range in size from 35 to about 175sqm.

 

[Rushy]

Looking at the plans "as existing" there is a church in the middle of the arches (behind Budget Carpets). Anyone know any more about that?

(It's changing to A3 ).

 

[Rushy]

Probably one of the worst effects will be the loss of the micro arches; making it much harder for local people without much capital to set up in business for themselves. I mean the variety of shops in the tiny spaces squeezed in either side of many of the arches.

I was wondering about those too. There are seven new lock up kiosk size units proposed in the new walkway between Atlantic and Station Roads. Almost like a mini arcade. They vary from only 8 to 18sqm.

 

[uk benzo]

Looking at the plans "as existing" there is a church in the middle of the arches (behind Budget Carpets). Anyone know any more about that?

If I were to directly project backwards from carpet shop, I think it's back-to-back with the jesus shop arch on brixton station Road. Maybe they've sectioned a bit off at the back as a pop up church?

 

[Rushy]

If I were to directly project backwards from carpet shop, I think it's back-to-back with the jesus shop arch on brixton station Road. Maybe they've sectioned a bit off at the back as a pop up church?

Of course. That would make sense.

 

[Gramsci]

Network Rail have stated that if any Trader contests the action in Court any costs incurred by Network Rail will be deducted from the ' compensation pot ' that has been allocated . This is one of many issues we're up against !

When the Council was getting us out of Carlton Mansions they used same kind of tactic to scare people. If we contested it they would pursue us for costs. Which are a lot. Barristers and lawyers aren’t cheap.

Its a bullying tactic.

In then end it did not happen. Partly as it would not be good PR for large organisation to try to recover costs from individuals who just tried to use the law to defend themselves.

So make sure its in local media that they are trying this tactic.

 

[CH1]

Looking at the plans "as existing" there is a church in the middle of the arches (behind Budget Carpets). Anyone know any more about that?
(It's changing to A3 ).

If I were to directly project backwards from carpet shop, I think it's back-to-back with the jesus shop arch on brixton station Road. Maybe they've sectioned a bit off at the back as a pop up church?

Surely its a bookshop owned by a church? Its been like that for 20 years to the best of my knowledge. What's the problem suddenly?

 

[Baron]

The church has been there for about 20 years. It's a charity. Helps out a lot of local people and has a large following. It's in the back of the book shop. Nicest people you could ask to meet. Harmless.
Network Rail are throwing out a CHARITY! Helping out underprivileged people.

At Network Rail "Nothing gets in the way of making a profit!!!"

 

[SpamMisery]

Is the bookshop not returning then?

 

[uk benzo]

Surely its a bookshop owned by a church? Its been like that for 20 years to the best of my knowledge. What's the problem suddenly?

I never said it was a problem. I support all the independents based in the arches.

 

[bimble]

Is the bookshop not returning then?

The buzzfeed piece says that Beautiful Books has been there 23 years and is unlikely to survive .
"The shop is run by a charity and attached to a local church. It can’t afford any significant rent rises and Regina will be looking for somewhere else nearby to rent, which, given the prices some neighbouring businesses are paying, is going to prove very difficult.“I would like to stay in Brixton, we are here for a long time,” she says. “But Brixton is changing and it’s changing fast. It’s become very popular and prices are going up. It’s difficult to find somewhere to go.”
How Brixton's Railway Arches Have Become A Battleground In London's...

 

[leanderman]

As Carpet Man suggested, what's driving this is Network Rail's £50billion debt, which came on to the Treasury's books when NR was brought completely into public ownership 18 months ago.

 

[SpamMisery]

The buzzfeed piece says that Beautiful Books has been there 23 years and is unlikely to survive .
"The shop is run by a charity and attached to a local church. It can’t afford any significant rent rises and Regina will be looking for somewhere else nearby to rent, which, given the prices some neighbouring businesses are paying, is going to prove very difficult.“I would like to stay in Brixton, we are here for a long time,” she says. “But Brixton is changing and it’s changing fast. It’s become very popular and prices are going up. It’s difficult to find somewhere to go.”
How Brixton's Railway Arches Have Become A Battleground In London's...

So that'll be one of the 3 not intending to return. Anyone know who the other 2 are? A&C as they've already gone?

 

[Baron]

Gagging clause!

 

[SpamMisery]

Didn't apply to Beautiful Books

 

[Carpet man]

Didn't apply to Beautiful Books

Mash Fish

 

[Baron]

Only been there 80 odd years.

 

[Baron]

Rent goes up 350% in 6 years!!!

 

[Orang Utan]

Rent goes up 350% in 6 years!!!

I once bought a safari suit off you and will mourn the loss of The Baron in Brixton should it happen

 

[SpamMisery]

Rent goes up 350% in 6 years!!!

Given the data in the planning application about stepped increases in rents pegged to the 2015 market rent, does that mean your current rent is 30% of 2015's market rent?