OUR PROJECT – the budget

The following is an Estimated Development Budget:

Construction Costs                                              £000
Ground and First Floor, Pool and Gym                     2,860
Creation of treatment rooms in existing centre             40
Car Parking and Externals                                         100
Main Contractors Preliminaries                                   200

Total Construction Cost                                          2,600

Contingency @ 5%                                                   130
Professional Fees                                                      214
Statutory Fees                                                             6

Total additions                                                          350


Potential additional renewable energy solutions                   £000
Combined heat and power, solar thermal, solar photovoltaic and           
Ground source heat pump                                             Allow 300 total     
Total for renewable energy solutions                                              300


INCLUSIVE OF THESE RENEWABLE ENERGY SOLUTIONS OUR FUNDING TARGET IS, THEREFORE, £3.25M

It is presumed that the organisation responsible for commissioning the new facility will be VAT registered.

This capital funding will need to be in place for building to commence in late 2013, for a completion and opening in 2014 to 2015.