Freshney Place financials, first 12 months

james brooks made this Freedom of Information request to North East Lincolnshire Council Automatic anti-spam measures are in place for this older request. Please let us know if a further response is expected or if you are having trouble responding.

The request was partially successful.

Dear North East Lincolnshire Council,

Please provide details of the full financial performance of Freshney Place for the first 12 months of council ownership.

1) a. Gross rental / lease income for first 12 months, exclude revenue from historic arrears.
b. Gross income from the two carparks

2) a. Business rates payable by NELC for vacant units for the 12month period and any other associated dues
b. Are the carprks liable for business rates and if so amount payable by NELC

3) Gross payments to the two 'arms' length management firms Queensberry real estate and Montagu Evans

4) Utility costs for the 12month period (Gas, electricity, water, broadband etc) again include carpark running costs

5) Gross maintenance and repair costs over the 12 months, routine, preventative and exceptional that fall outside the remit / scope of the property / asset managers. Include but seperate carpark maintenance costs.

6) Gross employement costs (outside of the two management firms)

7) misc costs eg insurance, legal, waste disposal, fire / building surveys etc etc

8) any other fixed / variable / operating costs payable by NELC during the 12 month period.

9) Please detail predicted building maintenance spend, centre vulnerbilities (roof, carparks etc) over the next 12months or 24/25 FY

Yours faithfully,

james brooks

Freedom Of Information (NELC), North East Lincolnshire Council

Dear Sir / Madam

 

I am pleased to acknowledge your request for information, which has been
allocated the reference number NELC/30106/2324.

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assistance quoting the reference number above.

Yours sincerely

 

North East Lincolnshire Council

 

 

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Freedom Of Information (NELC), North East Lincolnshire Council

1 Attachment

Dear Sir / Madam

 

Thank you for your information request, reference number NELC/30106/2324.
I can confirm that North East Lincolnshire Council holds the following
information:

 

Please provide details of the full financial performance of Freshney Place
for the first 12 months of council ownership.

 

1) a. Gross rental / lease income for first 12 months, exclude revenue
from historic arrears.

     b. Gross income from the two carparks

Please see Freshney Place Business Annual Review 2022/23 and Business Plan
2023/24 report using the following link:
[1]https://democracy.nelincs.gov.uk/meeting...

 

2) a. Business rates payable by NELC for vacant units for the 12month
period and any other associated dues

    b. Are the car parks liable for business rates and if so amount
payable by NELC

I can confirm that the total business rates payable by NELC for vacant
units for the last 12 months is £53,634.22. 

 

Car parks are rateable for business rates purposes and total £132,096.00
in cost to NELC in respect of business rates at Freshney Place.  

 

Please also find a breakdown attached which you may find useful. Please
note that all information can be found on our website using the following
link: [2]Business rates statistics | NELC (nelincs.gov.uk)

 

3) Gross payments to the two 'arms' length management firms  Queensberry
real estate and Montagu Evans

£127,000

 

4) Utility costs for the 12month period (Gas, electricity, water,
broadband etc) again include carpark running costs

£243,026.08

 

5) Gross maintenance and repair costs over the 12 months, routine,
preventative and exceptional that fall outside the remit / scope of the
property / asset managers. Include but separate carpark maintenance costs.

North East Lincolnshire Council does not hold this information, these
costs are covered by service charges paid by tenants.

 

6) Gross employment costs (outside of  the two management firms)

0

 

7) misc costs eg insurance, legal,  waste disposal, fire / building
surveys etc etc

North East Lincolnshire Council does not hold some of this information
however please see the information we do hold below:

Insurance: £168,897.67

Legal: £49595.70

 

8) any other fixed / variable / operating costs payable by NELC during the
12 month period.

North East Lincolnshire Council does not hold this information, these
costs are covered by service charges paid by tenants.

 

 

9) Please detail predicted building maintenance spend, centre
vulnerabilities (roof, carparks etc)  over the next 12months or 24/25 FY

North East Lincolnshire Council does not hold this information, I can
confirm that we are in the process of drafting a report which will be
taken to cabinet at a future date.

 

If you believe that your request for information has not been handled in
accordance with the Freedom of Information Act, you have the right to
request an internal review by the Council. If you wish to request an
internal review, please write to us detailing the reasons why. Please be
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the internal review process.  If following this you are still dissatisfied
you may contact the Office of the Information Commissioner.

 

Yours sincerely

 

North East Lincolnshire Council

 

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