(28 Jul 2024, 5:52 pm)Rob44 wrote Is this depot currently Stagecoach? Surely if north star won several routes in Sunderland they would have to find there own storage or are you suggesting they would lease space from Stagecoach? I assume stagecoach own the land and they have made there millions by just giving stuff away?
I'll not repeat what I added above, but doesn't the depot become a useless asset, if the current occupier doesn't run any franchised services in the area? They can't run commercial ones, so they'd be paying for a big empty space.
They won't be giving it away, but I think it's likely the North East CA will buy the asset. Let's not forget that one of the Mayor's devolved powers, is the ability to issue compulsory purchase orders.