Date: Fri, 16 Nov 2012 04:29:53 -0800 (PST)
From: tgreer <ukt...@gmail.com>
To: london-hack-space@googlegroups.com
Message-Id: <e42265f0-c08b-4847-8617-8404964ce5b3@googlegroups.com>
In-Reply-To: <CAC9rG2hnzLZKQB48BxNHc4e4ce0EhUkFhS25-Zt0dT5ztBnTNA@mail.gmail.com>
References: <1a530e96-13bd-4082-afeb-f1b30100f31c@googlegroups.com> <CAC9rG2jKv_k-PC5n02zPAnAPv-DgGRGcnS=zP68Qe+EF+i=Pqg@mail.gmail.com>
 <CAC9rG2hnzLZKQB48BxNHc4e4ce0EhUkFhS25-Zt0dT5ztBnTNA@mail.gmail.com>
Subject: Re: [london-hack-space] 445 Hackney Road
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Someone's looking to share... see above!

On Friday, 16 November 2012 12:27:10 UTC, Russ Garrett wrote:
>
> On 16 November 2012 11:47, Russ Garrett <ru...@garrett.co.uk <javascript:=
>>=20
> wrote:=20
> > This is indeed a great looking space, but it is squarely out of our=20
> > price range. I need to do some work on our accounts to try and work=20
> > out exactly how much of a stretch it would be on our budget.=20
>
> Just an update on how I'm calculating affordability here:=20
>
> =C2=A3105,000 is the lease price. In some cases VAT may be added on top o=
f=20
> it (but we don't know in this case).=20
> + =C2=A327,000 is the estimated business rates (that's an estimated=20
> rateable value of =C2=A360k * 0.45)=20
>
> So the monthly cost there is =C2=A311,000=20
> + =C2=A32000 bills and other costs=20
> =3D =C2=A313,000=20
> Which at 600 members is =C2=A322 per member per month.=20
>
> We currently have 555 members paying an average of =C2=A311.50 per month.=
=20
>
> --=20
> Russ Garrett=20
> ru...@garrett.co.uk <javascript:>=20
>

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Someone's looking to share... see above!<br><br>On Friday, 16 November 2012=
 12:27:10 UTC, Russ Garrett  wrote:<blockquote class=3D"gmail_quote" style=
=3D"margin: 0;margin-left: 0.8ex;border-left: 1px #ccc solid;padding-left: =
1ex;">On 16 November 2012 11:47, Russ Garrett &lt;<a href=3D"javascript:" t=
arget=3D"_blank" gdf-obfuscated-mailto=3D"Wv22W3zqQV8J">ru...@garrett.co.uk=
</a>&gt; wrote:
<br>&gt; This is indeed a great looking space, but it is squarely out of ou=
r
<br>&gt; price range. I need to do some work on our accounts to try and wor=
k
<br>&gt; out exactly how much of a stretch it would be on our budget.
<br>
<br>Just an update on how I'm calculating affordability here:
<br>
<br>=C2=A3105,000 is the lease price. In some cases VAT may be added on top=
 of
<br>it (but we don't know in this case).
<br>+ =C2=A327,000 is the estimated business rates (that's an estimated
<br>rateable value of =C2=A360k * 0.45)
<br>
<br>So the monthly cost there is =C2=A311,000
<br>+ =C2=A32000 bills and other costs
<br>=3D =C2=A313,000
<br>Which at 600 members is =C2=A322 per member per month.
<br>
<br>We currently have 555 members paying an average of =C2=A311.50 per mont=
h.
<br>
<br>--
<br>Russ Garrett
<br><a href=3D"javascript:" target=3D"_blank" gdf-obfuscated-mailto=3D"Wv22=
W3zqQV8J">ru...@garrett.co.uk</a>
<br></blockquote>
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