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Old March 5th 14, 07:55 AM posted to uk.transport.london
Roland Perry Roland Perry is offline
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First recorded activity at LondonBanter: Aug 2003
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Default Brompton Road Tube station sold for £53m

In message
,
at 02:03:36 on Wed, 5 Mar 2014, Recliner
remarked:

I was suggesting a museum, which would not have required ongoing
MOD-funded maintenance; and would generate on-going proceeds from the
conversion and subsequent visitors as well.


London museums don't generate any net income.


Even ones like the wartime museum along the road from the London
Dungeon?

In any case, residential property doesn't generate net income (other
than from the PAYE of cleaners and such, the same as you'd have at a
museum. Not even council tax, as central grants are normally required to
top that up by about 200% to get to the amount the councils spend.

The major ones are free, and even the ones that charge admission
certainly don't even cover their operating costs.


What's the position for the Covent Garden transport museum?

And it would still be the public purse that was paying for
the building maintenance.


Lottery Funds.

Some might also suggest that London in general, and the area near
Brompton Rd in particular, are already over-served with museums.


They seem to have missed the tube station museum off their tourist
guides. Where is it, again?
--
Roland Perry