The Moor Pool EstateThe Moor Pool Estate

Trust Viability StudyTrust Viability Study

Why have a study?Why have a study?• In August 2008 the MRA identified the In August 2008 the MRA identified the

potential problem should Grainger potential problem should Grainger whose core business is residential whose core business is residential letting be left with a stock of non letting be left with a stock of non commercial community facilities.commercial community facilities.

• The MRA approached both BCC and The MRA approached both BCC and BVT to investigate options to solve BVT to investigate options to solve this future scenario.this future scenario.

What happened next?What happened next?• In early 2009 the MRA agreed with BVT In early 2009 the MRA agreed with BVT

and Grainger the scope for a viability and Grainger the scope for a viability study.study.

• The MRA in March 2009 applied for The MRA in March 2009 applied for funding from BCC and £7000 was funding from BCC and £7000 was allocated from the Ward community allocated from the Ward community chest.chest.

• This was insufficient to commission the This was insufficient to commission the study which Grainger were not prepared study which Grainger were not prepared to support financially.to support financially.

20102010• Further discussions were initiated with Further discussions were initiated with

Grainger. However at the residents Grainger. However at the residents AGM late in 2010 an announcement AGM late in 2010 an announcement was made that Grainger had decided to was made that Grainger had decided to auction the community facilities and auction the community facilities and requested the MRA to put forward a bid requested the MRA to put forward a bid which would be subject to a which would be subject to a ‘staircasing’ payment agreement.‘staircasing’ payment agreement.

• The scenario had indeed come to pass!The scenario had indeed come to pass!

Where we are.Where we are.• We were very fortunate to receive a We were very fortunate to receive a

further £7000 of match funding from further £7000 of match funding from the HCA (Homes & Communities the HCA (Homes & Communities Agency) in Dec 2010. This enabled the Agency) in Dec 2010. This enabled the study to be started.study to be started.

• BVT and the MRA with support from BVT and the MRA with support from Grainger and BCC are now carrying out Grainger and BCC are now carrying out the study and preparing information the study and preparing information for the report which will follow.for the report which will follow.

What will the report do?What will the report do?• The report will identify the issues and The report will identify the issues and

costs likely to be incurred by a Trust costs likely to be incurred by a Trust taking on the ‘assets’.taking on the ‘assets’.

• The report will provide information The report will provide information necessary to access external necessary to access external funding.funding.

• The pictures which follow link with The pictures which follow link with the sites identified as part of our the sites identified as part of our aspiration for a Moor Pool Trust.aspiration for a Moor Pool Trust.

• Grainger identify ‘assets’ under the Grainger identify ‘assets’ under the headings:headings:

• Community orCommunity or

• Commercial.Commercial.

• This essentially differentiates This essentially differentiates between the financial value between the financial value attributed to ‘assets’.attributed to ‘assets’.

1.1. Moor Pool Hall and Circle Moor Pool Hall and Circle tennis Courts.tennis Courts.

2.2. Moor Pool Tennis Court.Moor Pool Tennis Court.

3.3. Bowling Green and PoolBowling Green and Pool

4.4. Land at corner of Moor Pool Land at corner of Moor Pool Ave and Margaret Grove.Ave and Margaret Grove.

5.5. 2 areas fronting East 2 areas fronting East PathwayPathway

6.6. Small area in front of 57 Small area in front of 57 Moor Pool Avenue.Moor Pool Avenue.

6b.6b. Small area in front of 106 Small area in front of 106 Ravenhurst Road.Ravenhurst Road.

7.7. Small area in front of 102 Small area in front of 102 Ravenhurst RoadRavenhurst Road

8.8. The Square either side.The Square either side.

9.9. The Spinney.The Spinney.

10.10. Carless Ave junction with Carless Ave junction with Lordswood Rd.Lordswood Rd.

13.13. Site A The Valley.Site A The Valley.

14.14. Site C off Ravenhurst Road.Site C off Ravenhurst Road.

15.15. Site E1 Wentworth Gate.Site E1 Wentworth Gate.

16.16. Site B Margaret Grove.Site B Margaret Grove.

17.17. Builders Yard, garages and Builders Yard, garages and allotments.allotments.

18.18. Allotments behind 18 – 25 Allotments behind 18 – 25 Moor Pool Avenue.Moor Pool Avenue.

19.19. Allotments behind 33 – 37 Allotments behind 33 – 37 Moor Pool Ave.Moor Pool Ave.

20.20. Allotments between Allotments between Ravenhurst Rd and West Ravenhurst Rd and West Pathway.Pathway.

21.21. Allotments and Orchard Allotments and Orchard between West Pathway and between West Pathway and Wentworth Gate.Wentworth Gate.

22.22. Allotments between Park Allotments between Park Edge, Ravenhurst Rd and North Edge, Ravenhurst Rd and North Gate.Gate.

23.23. Allotments between North Allotments between North Gate, High Brow, Carless Gate, High Brow, Carless Avenue.Avenue.

24.24. Garages behind the Garages behind the Spinney.Spinney.

25.25. Allotments behind 9 – 17 Allotments behind 9 – 17 Carless AvenueCarless Avenue

What do we want to do?What do we want to do?

• The document ‘The Way Forward’ The document ‘The Way Forward’ sets out a vision for Moor Pool.sets out a vision for Moor Pool.

• Some of the proposals include:Some of the proposals include:

Restoration of The Valley with Restoration of The Valley with secure parking.secure parking.

…….and various other proposals .and various other proposals including:including:

• A community garden.A community garden.

• Improved parking.Improved parking.

• General allotment restoration.General allotment restoration.

• Properly planned wildlife areas.Properly planned wildlife areas.

And refurbishment of the And refurbishment of the builders yard as an eco builders yard as an eco classroom.classroom.

Thank you all for your Thank you all for your support and for coming support and for coming

along today.along today.

www.moorpool.comwww.moorpool.com