The Big Issue has the same story - with rents. Pretty amazing. You would think there would be some sort of regulation on rent increases.
This was in the Standard yesterday. Seems like Network Rail are about as efficient raising capital from their arches as they are introducing the new timetables
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Not so efficient if they lose all their bidders.Surely the issue is that they are trying to be too efficient at raising capital ?
Alex
Of that previous potential backers pulled away as the negative reputational impact was perceived as outweighing the forecast income?Surely the issue is that they are trying to be too efficient at raising capital ?
Alex
Not so efficient if they lose all their bidders.
This was in the Standard yesterday. Seems like Network Rail are about as efficient raising capital from their arches as they are introducing the new timetables
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Don't quite understand last paragraph of article. NR actions in Brixton. ( and Loughborough Junction tenants are under threat) shows they don't care about SMEs.
To me it reads that the Standard's business editor thinks small businesses should be protected - not least taking into account that they were renting from a publicly owned body.Don't quite understand last paragraph of article. NR actions in Brixton. ( and Loughborough Junction tenants are under threat) shows they don't care about SMEs.
I see that some of the vacant Arches are being marketed by Brixton Pillars , am I missing something ? Who are they ?
On the Grant Mills Wood website some of the Arches are being marketed for £70,000 to £115,000 per annum ! What independent retailer could afford that unless Mummy is on Dragons DenPR puff from NR.
Bit much. Seems there's a formerly missing here - PROMINENTLY LOCATED WITHIN A VIBRANT RETAIL AND
What the fuck is a pic of the Brixton Pound cafe doing in their vibrant blurb? Places like that couldn't exist if Network Rail were renting them the property.Bit much. Seems there's a formerly missing here - PROMINENTLY LOCATED WITHIN A VIBRANT RETAIL AND
What the fuck is a pic of the Brixton Pound cafe doing in their vibrant blurb? Places like that couldn't exist if Network Rail were renting them the property.
I hate the way all the 'iconic' artwork around Brixton just feeds into the gentrification frenzy.Had another look at Brochure and ur right that is photo of Brixton pound cafe.
Well part of your prophecy has come true, we now have a PretHave just been told by my landlords, Network Rail, that they have plans to redevelop the Arches we rent, and that we dont figure in their new shiny plans. It's not just us, it's every arch along Atlantic Road and Brixton Station Road, from Brixton Road to Poes Road.
Everyone to be Served Notice by "springtime 2015"
To Vacate 6 months after.
New Units to be available from 2017, but there's no "first refusal" given to us on the increased new rents that will come with any new tennancy. We have to apply like anyone else interested. So it looks like after over 40 years, its Goodbye A & C Continental Grocers & hello Pret a Manger, Waitrose Local etc.
The old Arch that was the newsagents ( Ashoks ) in Station Road is up at £115,000 + vat p.a !!!Well part of your prophecy has come true, we now have a Pret