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Subject: Hotel dispute


Author:
Insider
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Date Posted: 16:36:58 10/21/03 Tue
In reply to: Mizzy 's message, "Hotel" on 00:37:51 10/21/03 Tue

The house is leased for the next 100 years to be a hotel - it cannot be sold because the land is inalienably owned by the National Trust. In the contract, the National Trust is responsible for the maintainence of the house. However the hotel company runs the hotel [with what looks like a very high profit margin], whereas the Trust barely breaks even, and having to maintain the whole property and the house. This is very bad fiscal mismanagement by the Trust, and a poor deal to have signed up to. They knew the hospital would be/had closed/ing when the deal was made, so they should have made arrangements for the future, and not expected to rely on the endowment and ticket sales to sustain them. Now they are in trouble.

So, just to clarify things, the National Trust owns everything there forever, but the house has been leased for the next 100 years.

Fiona Reynolds, when you read this, you are an idiot. Get this organisation into shape and stop arsing about and wasting money. And no crappy "environmentally-friendly" housing scheme! It's exeplemar, in that you're pursuing a development against your own principles! Destruction to the greenbelt! Falsified car statistics! The exaggerated public consultations!

ALL IN ALL, LIES, LIES, AND MORE DAMNED LIES FROM THE NATIONAL TRUST!

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ayeDean22:28:31 10/21/03 Tue



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