Wrexham Markets Scrutiny Committee on Weds + Council Report
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Posts
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@Welsh Dresser 4260 wrote:
Isn’t that a bit misleading on the Council’s part? If they advertise a rent shouldn’t they advertise it as a gross rent. How else can an informed decision be made as to affordability? I think I am too innocent to go into business for myself.
Everybody as a Landlord would like the highest rent possible(including WCBC).However the powers of negotiation do enter into the equation.
@jimbow 4270 wrote:
Everybody as a Landlord would like the highest rent possible(including WCBC).However the powers of negotiation do enter into the equation.
Not true Jim. It depends entirely on your end objective. If you were a mono-dimensional moron, this would be the case but not everyone is a mono-dimensional moron. You could, for example, take the view that you had social obligations to allow, for example, the use of stalls for charitable or cultural purposes. In that case, you might offer low or no rents. You could aim to use the idea of a full Market to maximise the value of the Markets to the wider Tourist industry, and do the same. You could realise that there was a lack of balance in the Market and to address this lacking certain types of stall/business were offered discretionary Rents. Both you and I can think of any number of scenarios where maximising Rent was actually not the main objective.
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