Over the last few months we have been exploring the option of taking on a leased facility at Fountain Court in Market Harborough. It has involved a great deal of in depth analysis of opportunity, costs and revenue; and many, often quite intense, discussions.

Ultimately, however, I was unable to secure a majority of the trustees to support going ahead with the venture, and we have had to withdraw from it. It was a split decision. However, the majority opinion was that our current and projected finances over the period of the lease were not sufficiently robust to support the increased costs involved. Tables showing the costing calculations are available in the members area of the web site.

 I would like to personally offer my huge thanks Philip House for his time and dedication on this. He has championed it right from the start and is understandably extremely disappointed that we are not taking it forwards.

 And on that note, The Friday afternoon bridge that was being promoted, managed and run almost single-handedly by Philip as a proof-of-concept in support of the project, will come to an end after this Friday, unless we can find a volunteer(/volunteers) to take over.

 I do not believe this is the end of our search for premises. We will revisit it if other opportunities arise, and we will do so from a much stronger understanding of what we need and how to finance it.

David North, Chair, MHBC
 

Fountain Court Start up costs.pdf

Fountain Court Running Costs and Income.pdf