9. Rose & Young to Date John Young R&Y Mercedes Early 1970’s Built 1930’s Caterham Motor Co Rootes Family R&Y moves to Redhill 1994
10. Rose & Young to Date Nov 2000 Cat Properties Buy R&Y site £1.4M 1996/2001 TDC Development Brief McAlpine & Hillier Parker 1997 Planning for Office 3,400 M2. 4 flrs parking Bought & sold during town study. Young sells for £900K Resold to Cat Prop R&Y moves to Redhill 1994 Early 1999 Lampshade site not accquired at £600K by TDC
11. Rose & Young to Date Nov 2000 Cat Properties Buy R&Y site £1.4M 1996/2001 TDC Development Brief McAlpine & Hillier Parker 2004/ 2006 Demolition threat & Condition actions by TDC. Fine. ABC formed in 2006. Survey 2007 Backs action Nov 2003 Office Planning Renewed WC issue Client walks Early 1999 Lampshade site not accquired at £600K by TDC
12. Rose & Young to Date 2008. New ‘Mixed Use” rumours. Social Housing provision hits & talk of splitting site. Switch of contact to Powers Oct 2008 R&Y listed in Core Strategy. LDF Approved 2010. SCC Hub plans stall. Action Group formed July 2009. Approach to 6 developers in 2010. Continuing contact with potential investors. GB Solns possible + others. “ Power” says he is in charge and “The Owner”. He & agent seen in town and claim plans to be submitted. Appears to be a significantly larger development Bank of Ireland £1.9M loan & NAMA. Localism Bill & Plan Oct 09/11 Recent talks with owner, GB + 1. CPO to force issue?
13. Rose & Young to Date Nov 2000 Cat Properties Buy R&Y site £1.4M John Young R&Y Mercedes Early 1980’s Built 1930’s Caterham Motor Co Rootes Family 1996/2001 TDC Development Brief McAlpine & Hillier Parker 2004/ 2006 Demolition threat & Condition actions by TDC. Fine. ABC formed in 2006. Survey 2007 Backs action 1997 Planning for Office 3,400 M2. 4 flrs parking Bought & sold during town study. Young sells for £900K Resold to Cat Prop R&Y moves to Redhill 1994 Nov 2003 Office Planning Renewed WC issue Client walks Early 1999 Lampshade site not accquired at £600K by TDC 2008. New ‘Mixed Use” rumours. Social Housing provision hits & talk of splitting site. Switch of contact to Powers Oct 2008 R&Y listed in Core Strategy. LDF Approved 2010. SCC Hub plans stall. Action Group formed July 2009. Approach to 6 developers in 2010. Continuing contact with potential investors. GB Solns possible + others. “ Power” says he is in charge and “The Owner”. He & agent seen in town and claim plans to be submitted. Appears to be a significantly larger development Bank of Ireland £1.9M loan & NAMA. Localism Bill & Plan Oct 09/11 Recent talks with owner, GB + 1. CPO to force issue?
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Editor's Notes
Background Economic Data Retail Market shares: Local 25% (50% of shoppers) Area 6% (25% of shoppers) Trip 2% (15% of shoppers) Retail Potential : Local £115M (£ 28M) Area £230M ( £15M) Trip £412M ( £8M) Town Actual £50M Town extra 1% (£1M + £2M + £4M) So, 75% of those living locally do retail shopping elsewhere . Approx £150M a year.
Same as last slide Retail Market shares: Local 25% (50% of shoppers) Area 6% (25% of shoppers) Trip 2% (15% of shoppers) Retail Potential : Local £115M (£ 28M) Area £230M ( £15M) Trip £412M ( £8M) Town Actual £50M Town extra 1% (£1M + £2M + £4M) So, 75% of those living locally do retail shopping elsewhere . Approx £150M a year.
Owners do not appear in any hurry to sell.
Simon Flatt to speak on slides
Many ideas have been suggested. We are aware of several current opportunities & introduced to owners and planning.
There had been significant pressure to find a solution at various times. Public opinion and the opportunity to lift the town’s economy and amenity are as strong as ever. Currently we are at an impasse and need fresh pressure from councillors to take this forward. The community will have an opportunity to consider and through a Neighbourhood Plan should have new powers to focus attention and effort as new legislation becomes effective during 2012.
![Rose & Young ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]](https://image.slidesharecdn.com/ryfocusgroup2011-111116081602-phpapp02/85/R-Y-focus-group2011-1-320.jpg)
