Morcott Parish Council White Horse Working Party Analysis: Options & Decision Tree For review at MPC Meeting on 28th July 2015 July 2015

Options: - From Burghley Estates’ Point Of View 1. Retain ownership & leave to deteriorate until a sale can be realised 2. Retain ownership & continue to maintain until a sale can be realised 3. Sell as is with no change of use (CoU) & new owner redevelops White Horse Inn: Options? 4. Obtain CoU & redevelop core site then sell or lease for maximum return 4.1 Renovate WHI as a dwelling. Develops core site as dwellings. Sell or lease for maximum return. 5. Obtain CoU & redevelop core site & paddock then sell or lease for maximum return Key: 6.1 Renovates WHI & attempts to lease as a pub. Develops core site with dwellings & leases. Preferred 6. Does not obtain CoU - redevelop core site then sell or lease for maximum return Sub-Optimal 6.2 Renovates WHI & attempts to lease as a pub. Develops core site & paddock with dwellings & leases. Avoid BE = Burghley Estates MPC = Morcott Parish Council CoU = Change of Use

Options: - From Morcott Parish Council’s Point Of View 1. BE retains ownership & leave to deteriorate until a sale can be realised or a CoU becomes justifiable 2. BE retain ownership & continue to maintain until a sale can be realised or a CoU becomes justifiable 3. BE sell core site as is with no CoU & new owner redevelops White Horse Inn: Options? 4.1 BE Renovates WHI as a dwelling. Develops core site as dwellings. Sell or lease for maximum return. 4. BE obtain CoU in order to redevelop site for maximum return 4.2. BE Obtain CoU & redevelop core site & paddock then sell or lease for maximum return Key: 6.1 BE Renovates WHI & leases as a pub. Develops core site with dwellings & leases. Preferred 5. MPC persuade BE not to apply for CoU or prevent BE obtaining CoU Sub-Optimal 6.2 BE Renovates WHI & attempts to lease as a pub. Develops core site & paddock with dwellings & leases. Avoid BE = Burghley Estates MPC = Morcott Parish Council CoU = Change of Use

Decision Tree: - From Burghley Estates’ Point Of View Leave WHI + core site to deteriorate until a CoU can be obtained Obtain CoU & redevelop WHI + core site as dwellings then lease for maximum return Continue to maintain WHI + core site until a CoU can be obtained Obtain CoU & redevelop WHI + core site + paddock as dwellings then lease for maximum return Yes Renovate WHI & attempt to lease as a pub. Develops core site with dwellings & leases. Retain Ownership? Yes Obtain CoU? No Renovate WHI & attempt to lease as a pub. Develops core site & paddock with dwellings & leases. No Obtain CoU? Yes Obtain CoU & redevelop core site as dwellings then sell for maximum return Key: Preferred No Maintain/redevelop core site then sell for maximum return Sub-Optimal Sell as is for new owner to redevelop Avoid BE = Burghley Estates MPC = Morcott Parish Council CoU = Change of Use