Concerns over financial viability of Bromley Council's new offices
Briefly

Labour councillors stressed the use of questionable metrics for evaluating Churchill Court's financial viability, claiming up-front letting costs could be much higher than projected.
Councillors also raised concerns about the projected costs for moving Bromley Central Library, which they believe could have been minimized significantly by relocating to Churchill Court.
Councillors highlighted doubts over the project's value, arguing that the financial yield estimation neglected the initial purchase price, potentially misrepresenting the proposal's appeal.
The Labour party's scrutiny comes after claims that the final sale of the current council headquarters fell 3 million short of budget, raising accountability questions.
Read at www.newsshopper.co.uk
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