PPRuNe Forums - View Single Post - Battersea fees up again (incl BHAB statement)
Old 29th Apr 2008, 18:08
  #68 (permalink)  
DennisK
 
Join Date: Mar 2002
Location: Kings Caple, Ross-on-Wye.orPiccots End. Hertfordshire
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London Heliport & fees

We pilot's don't make very good accountants.

£3million operating costs quoted?

Value of the land ... say £10 to £20 million.

Von Essen's quoted development investment. £50 million.

Plus Council tax, business outgoings, Insurance,
legal, Staff and the inevitable obligatory hangers
on. Not forgetting uncle Tom Cobbley

Say an outlay of £65million.

Interest alone tops the quoted £3 million!!!!

My guess is that only the hotel will make a worthwhile profit.

DRK
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