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-   -   99 year lease for the Groves (http://www.redpassion.co.uk/forums/wrexham/115381-99-year-lease-groves.html)

Rhosymedre Red 5th February 2020 19.32:37

99 year lease for the Groves
 
[url]http://www.wrexham.com/news/heads-of-terms-to-be-signed-as-council-move-to-complete-disposal-of-groves-site-to-unnamed-company-football-club-180607.html[/url]

eastsussexred 5th February 2020 23.54:15

Re: 150 year lease for the Groves
 
[QUOTE=Rhosymedre Red;2341704][url]http://www.wrexham.com/news/heads-of-terms-to-be-signed-as-council-move-to-complete-disposal-of-groves-site-to-unnamed-company-football-club-180607.html[/url][/QUOTE]

Interesting that RR. I wonder how much the club will be paying?

wreck's 'em 6th February 2020 00.27:30

Re: 150 year lease for the Groves
 
I’m pretty sure most of the residents of Wrexham would be quite happy for their extra couple of quid per annum through Council Tax to be directed towards a facility to develop the Town’s most famous asset. Far better than increasing the number of councillors, increasing their pay, maintaining ten executive board members, whilst every service is being cut. Surely??

Wrexham's Patrick Bateman 6th February 2020 12.21:17

Re: 150 year lease for the Groves
 
Are we putting options to buy in these century long leases
Its a long time, and you never know, we could hit the jackpot one day.

NottsRed 6th February 2020 12.52:10

Re: 150 year lease for the Groves
 
[QUOTE=Wrexham's Patrick Bateman;2341798]Are we putting options to buy in these century long leases
Its a long time, and you never know, we could hit the jackpot one day.[/QUOTE]

I don't think we could buy it with the covenant on it that means it must be an educational facility.

Halkynred 6th February 2020 13.27:02

Re: 150 year lease for the Groves
 
We'll be in the championship by then all happy clapping ��

Rob 6th February 2020 13.34:09

Re: 150 year lease for the Groves
 
Is a two pitch training facility enough for us longer term (it would be a massive upgrade from what we have now so do not get me wrong) and does the lease mean we can also 'dispose' of the land in the future perhaps to fund buying a huge plot of land elsewhere in 50 or 100 years time?

It sounds like there could be a local battle to 'save the 9 acre' from having a school on it, so hopefully this transaction is separate from that and the club doesn't get embroiled in any barney there, and this is not dependant on that happening - or not.

Rhosymedre Red 12th February 2020 15.12:43

Re: 150 year lease for the Groves
 
[url=http://www.wrexham.com/news/council-decision-on-groves-revealed-covenants-could-be-altered-to-allow-football-club-use-of-part-of-the-site-180959.html]Council decision on Groves revealed - covenants could be altered to allow football club use of part of the site - Wrexham.com[/url]

Rob 12th February 2020 15.29:21

Re: 150 year lease for the Groves
 
Appears initial talk was 150 year, now 99 year firmed up.

However, it seems this will only happen if the 9 Acre gets a school built on it.

GiggityGiggityGiggityGoo 12th February 2020 15.44:18

Re: 150 year lease for the Groves
 
What a pain, can't do much beyond plan for both sites. Groves would make more sense to be the site for the school, encompassing the old building into the design.


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