Accrington Web - View Single Post - Arndale Centre Sell-Off

chav1 · 31-07-2005, 00:02

wasnt the arndale sold for about 72 million pounds

seems a lot of money for a building that dosnt realy have that many shops in it paying rent

i guess what i am asking is that if 72 million pound has been spent the buyer must be intending on making a proffit so where is teh money coming from to make the proffit as i cant see them raising it from rent although i have no idea how much rent is paid by the shops in there

maybe FREE parking in accrington arndale will become a thing of the past ...?

31-07-2005, 00:02	#8
chav1 I am Banned Join Date: Jan 2005 Location: in my house Posts: 4,615 Liked: 2 times Rep Power: 0	Re: Arndale Centre Sell-Off wasnt the arndale sold for about 72 million pounds seems a lot of money for a building that dosnt realy have that many shops in it paying rent i guess what i am asking is that if 72 million pound has been spent the buyer must be intending on making a proffit so where is teh money coming from to make the proffit as i cant see them raising it from rent although i have no idea how much rent is paid by the shops in there maybe FREE parking in accrington arndale will become a thing of the past ...?