Re: Etihad Campus, Stadium Development and Collar Site (cont
FWIW the council own the land and lease it to ASDA.
Now if the council happened to have a parcel of land elsewhere that was of proportionate size then it is not beyond reason that a swap deal could be sorted out.
I think that has already been agreed but that ASDA are being allowed to continue to trade until any new store is up and running.
We may also find that any new store comes with a freehold option to sweeten the deal for ASDA.
ColinLee said:Is that not purely because we don't own it (yet). Presumably it'll get rolled into the same scheme and give them room to expand further the plans? Unless the plans are about to be revealed of course.fbloke said:ColinLee said:Including potentially the Asda and carpark which just gets in the shot at center right.
If the rumours are true, yes. But that is outside of what is understood as the Collar Site.
FWIW the council own the land and lease it to ASDA.
Now if the council happened to have a parcel of land elsewhere that was of proportionate size then it is not beyond reason that a swap deal could be sorted out.
I think that has already been agreed but that ASDA are being allowed to continue to trade until any new store is up and running.
We may also find that any new store comes with a freehold option to sweeten the deal for ASDA.