PAPER H
Appley Tower Project Overview
January 2021
Summary
The Appley Tower project slowed in 2020 amidst the Covid 19 outbreak. An AHF Project Development Grant application was submitted December 2020 to
part fund the final development phase (stage 4 - see Development Plan Summary). The aim remains to restore the Tower, re-establish access to the top of
the tower and develop a sustainable community/commercial use model.
To coincide with the AHF bid we have invited a community group to come forward with their proposed use of the tower. It is hoped that it will be possible
to incorporate this proposal into the restoration phase (stage 5).
After a series of community consultations a provisional future use model has been established to include a combination of community and commercial use
and public access to the tower. The restoration phase is to be dived into two stages, with stage 2 delayed until stage 1 has been successfully delivered.
Restoration - Stage 1
-
Essential tower repairs (£223,800) to include the reinstatement of access to the top of the tower.
-
Renovations to the first floor to allow public access and provide a venue for community events for half of the year, and the provision of self-
catering accommodation for the other periods.
-
Establish 10 beach huts as an enabling development - important for ongoing sustainability.
-
Minor ‘cosmetic’ improvements the tower’s curtilage.
Stage 2
-
Renovation of the ground floor space - possibly the creation of a coffee shop
Key Next Steps - December 2020
Q4 2020/21 - AHF decision to part fund the Final Development stage (£7,870) - see Development Plan Summary Stage 4. If unsuccessful an
alternative course of funding will be required.
2020/21 - IWC and Ryde Town Council (£40,000) to be approached to consider match funding the reconstruction phase - see Final Development
Stage Funding Model
Q4 2020/21 seek IWC permission to extend preferred status or ownership of the tower to be passed to Ryde Town Council, subject to a
commitment to provide future match funding
H - 1
PAPER H
Appley Tower - Development Plan Summary
1
2
3
4
5
6
Stage
Research and
Feasibility Study
Second Round of
Final Development Stage
Restoration
Re-Opening
Development
Community
Consultations
Status
Complete
Complete
Complete
Awaiting AHF grant
application decision
Timings
Feb 2020
Feb to December
Feb 2020 - June 2021
Q4 2021-22 (Jan to March 2022)
Summer 2022
2020
Description
Various community
-Structural Survey to identify the
Review of Feasibility
-Final round of
- Tower restoration work
-Tower
events and consultations
current and future essential repairs
Study
community consultations
-Internal changes to first and
restoration
Review of Desk Top
and their cost.
-Update Feasibility Study
mezzanine floor to allow public and
work
Surveys and Reports
-Community consultations
-Prepare detailed
commercial use, and access to the
completed.
-Review and develop a sustainable
drawings to planning
roof
- Access to the
future use model where annual
application standard.
- Creation of beach huts
roof re-
property repairs can be funded from
-Planning permission
established
activity.
submitted - beach huts.
- Community
- Identify future funding sources
- Operating / financial
and commercial
model confirmed.
uses commence
-HLF bid development
Funding
Coastal Revival Fund grant £12,690
Bid submitted to AHF
HLF grant application
Dec 2020. Total cost
£15,740, match
(£7,870) to be
provided by Natural
Enterprise
Comments
Tower Restoration Costs - £223,800.
Grant application
31st Jan 2021 Natural
Restoration Costs - £223,800.
Ground Floor - coffee shop -
decision expected Q4
Enterprise’s IWC
Ground Floor (external work) -
£139,680
2020/21. If
preferred status period
£5,000
First Floor - public access / holiday
unsuccessful an
ends
First Floor public access/
accommodation -£34,800
alternative source of
community and commercial use -
Beach Huts (10) cost - £45,000
funding will be
£35,000
Total Identified Spend £443,280
required.
Beach Huts (10) - £45,000
Total Spend £308,800
H - 2
PAPER H
Break Even Operating Model Summary - Income Target £11,500
Annual Fixed Costs
Revenue
Income
Operating Costs
Margin
Property repairs
£3,000
Self Catering
£ 5,520
£3,276
£2,244
Premise costs - insurance, utilities etc.
£5,500
Beach Huts
£7,500
£500
£7,000
Misc. to inc contingency
£3,000
Public Access and
Community Use
£2,500
£250
£2,250
Fundraising
£1,000
£250
£750
Total Annual Fixed Costs
£11,500
Total
£12,244
Assumptions:
Fixed Costs
Property repairs
assumes the tower is in a good state of repair
Income
Self-Catering
6 months - £200/night - 23 weekends @ 60% occupancy.
Beach Huts
£750 per annum per beach hut
Public Access
6 months of the year - 500 visits to the top of the tower @ £3/visit and 5 exhibitions @ £200 each
Fundraising
At least 1 beach event
Surpluses - if achieved to be re-invested or used to further Natural Enterprise’s Charitable Objects in recognition of Natural Enterprise’s contribution to the
restoration of the tower.
H - 3