Royal Pavilion

800px-The_Royal_Pavilion_Brighton_UK
Overview
  • Location: Brighton and Hove
  • Client: Brighton and Hove City Council
  • Destination: Governance Review, Financial Assessment and Projections, Research and Case Studies
  • Role: Assessment of the financial and organisational impacts arising from the potential devolution of the Royal Pavilion and Museums into a new independent entity.

Fourth Street was commissioned to assess the financial and organisational impacts arising from the devolution of the Royal Pavilion and Museums into a new independent trust.

This commission was made jointly by Brighton & Hove City Council and the Brighton Dome & Festival Ltd. with five principal assets within the scope namely: The Royal Pavilion, Museum & Art Gallery, Booth Museum of Natural History, Preston Manor, Hove Museum & Art Gallery and the Brighton Dome Complex (Concert Hall, Corn Exchange and Studio Theatre).

The study lighted on a range of impacts, mostly positive, with the most significant and immediate being those directly resulting from independence and the autonomy that would arise.

Since this work was undertaken, the Council has continued to pursue the devolution of these assets.  A unanimous decision was taken by the Policy Resources and Growth Committee on 19th January 2017 to establish a shadow board with effect from April 2017 and the formation of a new trust from April 2018, which would enter into a 25yr lease of the buildings, funding agreement and collections loan.

Image Ref: Fenliokao