Shepherds Bush Market

Meeting: 
MQT on 2007-05-23
Session date: 
May 23, 2007
Reference: 
2007/0971
Question By: 
Murad Qureshi
Organisation: 
Labour Group
Asked Of: 
The Mayor

Question

As London Underground is the freeholder of Shepherds Bush Market, is LU committed to funding works to improve the market infrastructure and to future financial support? Will you give your assurance that you wish the market to remain prosperous and not lose out to new developments near by?

Answer

Answer for Shepherds Bush Market

Answer for Shepherds Bush Market

Answered By: 
The Mayor

LU propose, in the current financial year and at their expense, to undertake works to improve the canopy over the full length of the market and provide new lighting and new illuminated signs at both main entrances to the market. All parties agree that these are the highest priority works. The estimated cost of these works is in excess of £100,000.LU has also instituted a more stringent estate management regime with the tenants on issues of repair, decoration and trading style which will bring benefits over the coming months. The leases of all of the units in the market provide for service charges and LU is in discussion with the tenants about how the balance of this charge can be used to upgrade the market in future years.