Local Eyesores

[Ian]

 

[wrex]

Calm down boys

[DaveR]

The builders plan at the Clarence seems to be...gut the building and chuck everything out into the rear yard, where it is then skipped away.

[emma p]

It looks to be in a dreadful state Dave. I wouldnt like to guess how much its gonna cost to put it right !!!!

[DaveR]

It looks to be in a dreadful state Dave. I wouldnt like to guess how much its gonna cost to put it right !!!!

Yes, it's in such a poor state that it will basically need to be stripped back to the walls and rebuilt. There will be two new extensions at the rear. The cost of the work is approximately £3m.

[Bri Roberts]

I do not know how many rooms the new Premier Inn will have, DaveR, but it may not take long to recoup their £3m outlay.

Projected Turnover

100 x £59 = £5,900 per night

£5,900 x 7 = £41,300 per week

£41,300 x 52 = £2,147,600 per annum

Providing they can persuade customers not to pop over to Wetherspoons then they will also do alright with food and drink for over 200 customers a day.

What do think about those figures, DaveR?

[Yorkie]

If you are basing that on 100% occupancy then it is uinachievable.  Also they have special seasonal promotions and also early booking promotions which would reduce turnover.  Then there are the overheads . . . . . . . .   !!!!   

[Yorkie]

Just to add to my last post - if they could achieve those sort of figures I would only have shares in the one company!     D)

[Bri Roberts]

Yorkie, that is a very large building over several floors.

For all you and I know the owners may have planning permission for 200 bedrooms which would mean my figures assume only a 50% occupancy.

If that were true that turnover figure of £2m pa for bedrooms alone could be even higher.

Perhaps, it will be helpful if somebody knew how many bedrooms will be built before we get carried away. 

[Nemesis]

Think I remember 80 rooms being mentioned way back.

[DaveR]

The Travelodge will have 83 bedrooms. The old Clarence Hotel had 77 bedrooms.

Before we get too carried away with calculations, remember that Travelodge are not funding the building work, the developers (Hawkwell Properties Ltd) are. They're paying the £3m and then leasing the building to Travelodge for approximately £200-250,000 a year.

[Nemesis]

Do I also remember that the ceiling height on the top floor will have to be raised as the rooms up there are too low? And that someone objected as it would spoil the view from the top of the Orme? 
Latterly the top floor has been well occupied-- with pigeons !

[Merddin Emrys]

Latterly the top floor has been well occupied-- with pigeons !

I hope they've found a nice new home 

[Yorkie]

Latterly the top floor has been well occupied-- with pigeons !

I hope they've found a nice new home 

The Local Seagull Master has been redirecting them to your old house, but I'm sure they will find their way to Rhos!!!   

[Blongb]

It looks to be in a dreadful state Dave. I wouldnt like to guess how much its gonna cost to put it right !!!!

Yes, it's in such a poor state that it will basically need to be stripped back to the walls and rebuilt. There will be two new extensions at the rear. The cost of the work is approximately £3m.

When Mostyn Estates gutted their building in St. Georges Place (EX Bartons) and rebuilt the inside their estimated loss was in excess of £3.5 million. It was so expensive and over budget I was told they will never undertake a project like it again. Travelodge which is already in the hands of the receivers take note.