Enlarged Bond Street station opened
In message , at 12:58:40 on
Tue, 21 Nov 2017, Recliner remarked:
You don't think it's vaguely possible that with TfL having signed a
sale/leaseback agreement that the new owner might be refurbishing them
as offices?
Quite possibly now, but that certainly wasn't the plan when I toured
the building.
That was then, this is now.
And if it's now a sale and leaseback deal, any refurbishment would
presumably be up to TfL.
As the purpose of sale and leaseback is to generate cashflow for the
tenant (and provide a home for spare cash for the new owner), I'd expect
the refurbishment to be normally part of the contribution of the latter.
--
Roland Perry
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