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Friday, 11 January 2019

Plans for Port Royal > the District Council selling an historic venue to the Town Council for £1

The Drill Hall is on the market:

All sorts of things could be done with the space:

Including giving it to the Town Council for a pound - as has happened in Stroud: 

A run-down venue where the Beatles played their 'worst ever gig' to just three people has sold for just £1. The historic Subscription Rooms in Stroud, Gloucester, hosted the Beatles in March 1962, a year before their big break. 

The 183-year-old arts and entertainment centre has fallen on tough times and has been sold for a single pound by Stroud District Council to the Town Council, having been on the market for £600,000 nearly two years ago.

And Stroud District Council, who decided to sell the historic venue after years of hemorrhaging money, has provided a one-off grant of £230,000 towards operating costs. As part of the transfer arrangement, they have also provided up to £125,000 for roof repairs, and £20,000 worth of fitting and fixtures. And Stroud Town Council's contribution to contract negotiations increased from £50,000 to £83,000 in November to cover handover issues.

A council report to be presented to the council's strategy and resources committee next week said a new booking system is being bought by Stroud Town Council for the Trust, and will be up and running next month. It added that up until mid-March, the District Council will continue to take bookings on the authority's booking system for events up to the end of July 2019. Stroud District Council's strategy and resources committee are expected to prove the final terms of the contract on January 17, from 7pm. 


Venue where Beatles were pelted with coins at 'worst ever gig' sells for just £1  | Daily Mail Online
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