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ONE OF THE WORLD’S GREAT BRIDGE CLUBS
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Posted 24 May 2013   Author Lorna Vestey   Category Premises Search

 

On the Permanent Home Search

Chiswick Park

We still await figures from the landlords on this, though we’d hoped to get them before our meeting last night. The agent is chasing for us and expects to be able to get back to us early next week.

 

Elephant & Castle

Chris G found some new shops in Elephant & Castle which offer the right space. The problem with them is that the rent is £30,000 per annum and we’d also need to spend a lot on fitting them out as they are in shell state. Basically we’d have to use debenture money to fit them out (as we don’t have any other capital) but since we’d then have to pay rent we wouldn’t have the income left over to repay the debentures. We can spend debenture capital or we can pay rent but we can’t do both.

 

Church Premises

Mahmoud S has given us a lead on some church‑owned premises in central London which sound promising. We don’t have much information yet other than the size which is plenty big enough for us. We’ve made contact and wait to hear more. (How many more times will I type the word wait?)

 

Queen’s

Meanwhile we start planning the move to our temporary quarters at Queen’s—everything from removals to farewell Barkston party!

ONE OF THE WORLD’S GREAT BRIDGE CLUBS