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East England The Walton Forum For Triple Whammy Building

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Market Towns Award Regional Winner 2008

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East England The Walton Forum For Triple Whammy Building

  1. 2. WALTON FORUM The TRIPLE Whammy!
  2. 3. THE TRANSFORMATION
  3. 4. THREE EVENTS <ul><li>The Post Office </li></ul><ul><li>building was </li></ul><ul><li>up for sale </li></ul>The Post Office business also up for sale ECC Children’s Services were looking for a site for a Surestart Nursery
  4. 5. A PARTNERSHIP <ul><li>Voluntary Sector The Walton Forum </li></ul><ul><li>The Public Sector Essex County Council Children’s </li></ul><ul><li>Services </li></ul><ul><li>The Private Sector Nanny Jo’s Nurseries </li></ul>
  5. 6. FUNDING <ul><li>Market Towns Asset Development Programme/ EEDA </li></ul><ul><li>£320,000 - </li></ul><ul><li>Purchase of Post Office Building </li></ul><ul><li>Essex County Council Children’s Services/ Surestart </li></ul><ul><li>£217,000 - </li></ul><ul><li>Refurbish and Extend Post Office Building </li></ul><ul><li>Nanny Jo’s Nurseries </li></ul><ul><li>£60,000 - </li></ul><ul><li>Develop and Equip 42 Place Nursery </li></ul>Forum Volunteer Contribution £15,000 - Average of 15 hours per week for 18 months, carrying out proposal submissions, planning meetings, overall project management etc. 1000 hours at £15 per hour. Building Construction Project Management £25,000 - by CCL Property Developers. 10% of construction costs Graham Macnamara Architects Fees Contribution £8000 RIBA fee £11,210 Fee charged £2895 )
  6. 10. REVENUE FUNDING <ul><li>Nanny Jo </li></ul><ul><li>Nursery Lease </li></ul><ul><li>£10k rising to £20k over five years </li></ul><ul><li>Post Office 9yr </li></ul><ul><li>Business Lease </li></ul><ul><li>£6k per annum </li></ul>
  7. 11. Income to Add Value
  8. 12. Outputs – The Nusery <ul><li>The Provision of 42 Nursery Places </li></ul><ul><li>6 New Jobs </li></ul><ul><li>A further 9 jobs in the next four years </li></ul>
  9. 13. Outputs – The Local Economy <ul><li>£200k construction work carried out by local firms </li></ul><ul><li>Contributing to local economy – multiplier effect </li></ul>
  10. 14. OUTPUTS The Post Office <ul><li>New management for Post Office </li></ul><ul><li>Increased sales floor area </li></ul><ul><li>Future viability secured </li></ul>
  11. 15. Outputs – The Walton Forum <ul><li>Increased sustainability </li></ul><ul><li>1 new part time post for the Forum Office </li></ul><ul><li>1 new part time Town Centre Manager </li></ul><ul><li>Increases asset base to property worth in excess of £500k </li></ul>
  12. 16. THE FUTURE <ul><li>To promote the long term impact of the Surestart programme particularly amongst those families in challenging circumstances. </li></ul><ul><li>To develop Bursary provision for Nursery places </li></ul><ul><li>To expand the work of the Project Office in providing support and information to locals and visitors </li></ul><ul><li>To further develop the economy of the town by supporting existing and encouraging new businesses. </li></ul>For more information visit: www.walton-on-the-naze.com

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