On Friday, 28 February 2014 13:12:31 UTC, Recliner wrote:
From http://www.bbc.co.uk/news/uk-england-london-26382658



A former London Underground station, used as a World War Two command

centre, has been sold for £53m.
....
The money from the sale will be put back into the defence budget...


Isn't £50m about ten minutes of defence budget?

In message , at
01:49:02 on Sat, 1 Mar 2014, Offramp remarked:
A former London Underground station, used as a World War Two command

centre, has been sold for £53m.
...
The money from the sale will be put back into the defence budget...

Isn't £50m about ten minutes of defence budget?

(And a hundred yards of HS2 perhaps).

This sale has to be "political" in some way, ie demonstrating that
assets are being disposed of, however relatively trivial the sum.

Far better had it been leased out at a peppercorn rate to a museum, who
could probably then get lottery money to refurbish and open it.
--
Roland Perry

In article , (Roland Perry)
wrote:

In message ,
at 01:49:02 on Sat, 1 Mar 2014, Offramp
remarked:
A former London Underground station, used as a World War Two command
centre, has been sold for £53m.
...
The money from the sale will be put back into the defence budget...

Isn't £50m about ten minutes of defence budget?

(And a hundred yards of HS2 perhaps).

This sale has to be "political" in some way, ie demonstrating that
assets are being disposed of, however relatively trivial the sum.

Far better had it been leased out at a peppercorn rate to a museum,
who could probably then get lottery money to refurbish and open it.

Why? The above ground bit ceased to be anything to do with a tube station 80
years ago. Better to take one that has been less knocked about like York
Road or Aldwych if you want a museum.

--
Colin Rosenstiel

In message , at 06:46:06
on Sat, 1 Mar 2014, remarked:
A former London Underground station, used as a World War Two command
centre, has been sold for £53m.
...
The money from the sale will be put back into the defence budget...

Isn't £50m about ten minutes of defence budget?

(And a hundred yards of HS2 perhaps).

This sale has to be "political" in some way, ie demonstrating that
assets are being disposed of, however relatively trivial the sum.

Far better had it been leased out at a peppercorn rate to a museum,
who could probably then get lottery money to refurbish and open it.

Why? The above ground bit ceased to be anything to do with a tube station 80
years ago. Better to take one that has been less knocked about like York
Road or Aldwych if you want a museum.

Has someone paid £53m for *just* the below-ground-level bits of the
station?
--
Roland Perry

In article , (Roland Perry)
wrote:

In message , at
06:46:06 on Sat, 1 Mar 2014, remarked:
A former London Underground station, used as a World War Two command
centre, has been sold for £53m.
...
The money from the sale will be put back into the defence budget...

Isn't £50m about ten minutes of defence budget?

(And a hundred yards of HS2 perhaps).

This sale has to be "political" in some way, ie demonstrating that
assets are being disposed of, however relatively trivial the sum.

Far better had it been leased out at a peppercorn rate to a museum,
who could probably then get lottery money to refurbish and open it.

Why? The above ground bit ceased to be anything to do with a tube station
80 years ago. Better to take one that has been less knocked about like
York Road or Aldwych if you want a museum.

Has someone paid £53m for *just* the below-ground-level bits of the
station?

What makes you think that?

--
Colin Rosenstiel

On 01/03/2014 09:57, Roland Perry wrote:

In message , at
01:49:02 on Sat, 1 Mar 2014, Offramp remarked:
A former London Underground station, used as a World War Two command
centre, has been sold for £53m.
...
The money from the sale will be put back into the defence budget...

Isn't £50m about ten minutes of defence budget?

(And a hundred yards of HS2 perhaps).

This sale has to be "political" in some way, ie demonstrating that
assets are being disposed of, however relatively trivial the sum.

Far better had it been leased out at a peppercorn rate to a museum, who
could probably then get lottery money to refurbish and open it.

You might not have noticed, but HMG are doing a fair bit of selling off
of property that's deemed no longer necessary.

Mizter T wrote:
On 01/03/2014 09:57, Roland Perry wrote:

In message , at
01:49:02 on Sat, 1 Mar 2014, Offramp remarked:
A former London Underground station, used as a World War Two command
centre, has been sold for £53m.
...
The money from the sale will be put back into the defence budget...

Isn't £50m about ten minutes of defence budget?

(And a hundred yards of HS2 perhaps).

This sale has to be "political" in some way, ie demonstrating that
assets are being disposed of, however relatively trivial the sum.

Far better had it been leased out at a peppercorn rate to a museum, who
could probably then get lottery money to refurbish and open it.

You might not have noticed, but HMG are doing a fair bit of selling off
of property that's deemed no longer necessary.

Indeed, and apart from the sale proceeds, the activities involved in
constructing and occupying the new building will presumably generate
on-going tax proceeds (business rates, council tax, VAT, income tax,
corporation tax, etc). It will also provide more homes, though probably not
exactly "affordable" ones. Had it stayed in MoD ownership, it would have
needed maintenance and not generated any income.

In message

, at 15:50:00 on Tue, 4 Mar 2014, Recliner
remarked:
You might not have noticed, but HMG are doing a fair bit of selling off
of property that's deemed no longer necessary.

Indeed, and apart from the sale proceeds, the activities involved in
constructing and occupying the new building will presumably generate
on-going tax proceeds (business rates, council tax, VAT, income tax,
corporation tax, etc). It will also provide more homes, though probably not
exactly "affordable" ones. Had it stayed in MoD ownership, it would have
needed maintenance and not generated any income.

I was suggesting a museum, which would not have required ongoing
MOD-funded maintenance; and would generate on-going proceeds from the
conversion and subsequent visitors as well.
--
Roland Perry

In message , at 21:42:17 on Tue, 4 Mar 2014,
Mizter T remarked:

Far better had it been leased out at a peppercorn rate to a museum, who
could probably then get lottery money to refurbish and open it.

You might not have noticed, but HMG are doing a fair bit of selling off
of property that's deemed no longer necessary.

They are; there's an old barracks near me that's being sold off for
housing (somewhat delayed because of the sudden fall in demand for
building land because of the recession).

There's another barracks not far away that's been closed, and may well
be sold off. That one has caused a bit of bother because the locals used
to be allowed to use the sporting facilities, gym etc, but since it's
closed they've been evicted.

However, the Brompton Rd station is a bit of a special case.
--
Roland Perry

On 01/03/2014 09:49, Offramp wrote:
On Friday, 28 February 2014 13:12:31 UTC, Recliner wrote:
From http://www.bbc.co.uk/news/uk-england-london-26382658



A former London Underground station, used as a World War Two command

centre, has been sold for £53m.
...
The money from the sale will be put back into the defence budget...


Isn't £50m about ten minutes of defence budget?

Nope - almost exactly 12 hours