We have been subsidising the City YMCA by way of a peppercorn rent – with the original intention of letting rooms to students of city organisations and young city workers. But the majority of students now attend colleges outside the city, and only a small proportion are city workers.
The YMCA England has considered its position and, after discussions with the corporation, has decided not to seek a renewal of the lease on commercial terms.
The existing accommodation does not meet our best practice guidelines. There is a significant level of disrepair in this grade II listed site, but the city has indicated it might forgo the cost of the repairs, roughly £1m to £2m.
Register Now to Continue Reading
Thank you for visiting Children & Young People Now and making use of our archive of more than 60,000 expert features, topics hubs, case studies and policy updates. Why not register today and enjoy the following great benefits:
What's Included
-
Free access to 4 subscriber-only articles per month
-
Email newsletter providing advice and guidance across the sector
Already have an account? Sign in here
