PPRuNe Forums - View Single Post - Cardiff Academy of Aviation
View Single Post
Old 30th January 2009 | 17:47
  #25 (permalink)  
rsutt1
 
Joined: Mar 2004
Posts: 66
Likes: 0
From: Barry, S.Wales
Well that includes the upstairs but that has been leased out direct to the ppl who were running it when the club were there.

However... I reckon you'd still be looking at 20k plus though. especially with rates etc. as far as i am aware (this is not confirmed) the acadmy were paying in excess of 30k per year including the restaurant space. I'm not sure if that was with or without rates.

Given the current 'economic climate' I reckon deals could be done with the airport authority or maybe just take over a small section of the building.

I think if it was intended to be run as a members run / non-profit organisation then a break even is possible with the right ppl on board and enough interested members. That is based on leasing a small area of the building.

Ryan
rsutt1 is offline