it was an interesting listen
Clearly an opportunity to put a positive Spin on the proposal. But quite easy to see between the lines spoken
A few of the concerns I would have.
1. The statement that houses could not be built on the land is wrong. Previous landfill sites require capping and a methane monitoring system to be installed after which house can be built. This extra cost can be prohibitive, hence the lower cost alternative to build commercial properties can be more appealing.
2. The land will still be owned by a third party and the sports operators will need to an annual lease most probably on a monthly basis. Granted, the initial lease could be scaled from initially being very low whilst the facility is developed to the level where income is generated. Although very doubtful income from NDL and training fees would be sufficient.
3. Car parking for 200 cars for a stadium intended to hold 3000 will not pass planning. There will need to be additional parking facilities nearby. Example Leicester where in addition to the stadium car park there is agreement with adjacent shopping center for use of their car park.
4.The restoration of a grade two listed building in a state of dilapidation is costly to complete and such expenditure will be diverted away from the investment into the stadium facility. Interesting that the proposed use would be for offices once the restoration is completed.
5. The inclusion of small industrial units will create revenue for the leaseholders presuming that the ground lease allows for sub-letting of such units. which is certainly a pre-requisite with no limits to the number of units that can be built.
Conclusion.
Whilst it would be great to see speedway return to the Swindon area and go from strength to strength, A more likely outcome (especially considering who the protagonists are) is that,
a) Planning application will be rejected on the ground's of insufficient parking.
b) The land will be developed fully for industrial units/ offices - both of which will provide significant income for the leaseholders far greater than what running a speedway stadium ever can do.
I hope I am wrong.