Offices will have standard repairing leases and land values are high
and the refits of the offices will have been paid for by the respective organisations that lease them.
It's therefore hard to imagine what the £1.23m on office fit outs represents. My guess would be that some of this is initial capital outlay on the lifts, entrance etc. But that doesn't quite add up so I reckon that some of this must be a reapportionment of the capital costs of the stand.
Also the land values have to be considered as future income. They've got outline permission for just under 400 dwellings on the one site and are looking for around another hundred. Land values in the City have been going lately recently from £40-£100k per plot so gives a value of £20-50m.
Posted By: Kangol Canary on October 15th 2007 at 22:32:32
Message Thread
- NCFC Finances (Part One) - a few discussion points (long post) (NCFC) - Financebod, Oct 15, 19:10:06
- Offices will have standard repairing leases and land values are high (NCFC) - Kangol Canary, Oct 15, 22:32:32
- kin ell (NCFC) - Needledick, Oct 15, 21:51:14
- one extra thing to add to your critical expenditure list (NCFC) - blindasabat, Oct 15, 21:15:03
- Thanks - very interesting (NCFC) - KentonCanary, Oct 15, 20:40:45
- what about the new scoreboards? (n/m) (NCFC) - NCFC4life, Oct 15, 20:31:47
- Fact is we needed the extra seating to progress long term, so that was a must (NCFC) - CityForLife, Oct 15, 20:19:31
- Hind sight is a wonderful thing! (n/m) (NCFC) - Superstar D J, Oct 15, 19:46:35
- People Reading Financebod posts (NCFC) - Charles21, Oct 15, 19:27:51
- See, we really should all read it, and every article like it (NCFC) - Sugbad The Bad, Oct 15, 19:46:34
- FAO: Sugbad the Bad (NCFC) - Commisar_Canary, Oct 16, 00:30:04
- not a chance in hell (NCFC) - Charles21, Oct 15, 19:49:52
- Here's the deal (NCFC) - Sugbad The Bad, Oct 15, 19:50:50
- does anyone have it on tape instead... (n/m) (NCFC) - dear prudence, Oct 15, 19:57:30
- Here's the deal (NCFC) - Sugbad The Bad, Oct 15, 19:50:50
- See, we really should all read it, and every article like it (NCFC) - Sugbad The Bad, Oct 15, 19:46:34
- Précis? (n/m) (NCFC) - Partial Angler, Oct 15, 19:25:21
- buying the new scoreboards has sent us into financial oblivion (n/m) (NCFC) - NCFC4life, Oct 15, 20:34:55
- really...zzzzzzzzzzzzzzzzzzzzzzzzzzzzzzz zzzzzzzzzzzzzzzzz (n/m) (NCFC) - deliasdildo, Oct 15, 19:24:37
- Trouble is (NCFC) - scrimmage, Oct 15, 23:18:39
- Exactly! (n/m) (NCFC) - Commisar_Canary, Oct 16, 00:39:19
- Trouble is (NCFC) - scrimmage, Oct 15, 23:18:39
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