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Old 4th Jan 2023, 16:03
  #962 (permalink)  
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Originally Posted by davidjpowell
The ILS transmitters have already been removed.
They rent land at least on the northern end for the runway lights. If they can terminate the lease I'm sure they will.
Runway markings, that's a bit of paint.

As others said the biggest hurt will be rates. This year the RV is £2,290,000. Next year for some reason it falls to £400,000. I assume that the valuation is at least partly based on turnover. https://www.tax.service.gov.uk/busin...rt/13787199000
Presumably, but Peel will know all of this and have experience in such scenarios countless times. To them it seems that the land is more viable in the short term as being unused that it would be as an airport. Whilst discussions are still apparently ongoing with an investor they will not do anything else to the land or facilities. We might not even hear whether talks have concluded or not if they don’t end in a sale. So like I say, the first sign they haven’t concluded favourably will probably be the removal of approach lights etc.
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