Budgets by location, size and park class (benchmarks)
CHART 22
Budgets by location, size and park classification
Component rates are effected by rounding to 2 decimal places and conversion.
CHART 22
Budgets by location, size and park classification (continued)
Component rates are effected by rounding to 2 decimal places and conversion.
CHART 22
Budgets by location, size and park classification (continued)
Component rates are effected by rounding to 2 decimal places and conversion.
Findings
In this comparison we have taken the variants of size and location and applied these to budgeted service costs within the different classifications of Parks to provide a simple benchmark. Results are dependant upon the size of the individual databases and the number of Parks in each category is shown in CHART 22 in brackets alongside the appropriate rate.
The highest rate was £2.03 per sq ft (£21.85 per sq m) for Shopping Parks over 200,000 sq ft in the South, while the lowest was £0.60 per sq ft (£6.46 per sq m) in Bulky Goods Parks under 100,000 sq ft in the North.
As noted in the analysis on actual service costs in the earlier sections of the report, costs will tend to decrease with size, and be lower in the North. The result of this is that Shopping Parks are the most expensive, with Bulky Goods the least.
Exceptions to this are similar to those noted in the actual costs. With medium sized Bulky Goods Parks the increases from small parks are in security costs and for medium parks in the North promotions are also a factor.
With medium sized Retail Parks, costs increase both with size and in the North. The significant component that increases is 'administration'. It is again the medium sized Shopping Parks that increase with size and in the North with significant increases in administration and security. Between medium and large parks, costs increase both in the North and South in components including administration, utilities, landscape maintenance, security and promotions.