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Llangollen Railway

Discussion in 'Heritage Railways & Centres in the UK' started by 14xx Lover, Jan 4, 2010.

  1. DcB

    DcB New Member

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    https://www.dailypost.co.uk/news/north-wales-news/bid-save-llangollen-railway-assets-20205778
    "Cowgills said Michael Booth at LSH has been appointed to market the railway and its assets and all bids must be in by close of business on Monday 22 March 2021.'
    No news on who may have bid?
     
  2. Alan Kebby

    Alan Kebby Member

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    The Llangollen railway Trust have stated their intention to bid for some assets. I’m sure there are several others bidders who are keeping their cards closer to their chest, and who in any case would have had to sign non diclosure agreements to receive the asset list.

    I doubt we will know any more until low loaders start turning up at Llangollen.
     
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  3. Pete Thornhill

    Pete Thornhill Part of the furniture Staff Member Moderator Friend

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    Interesting to read in steam railway that a potential issue is ownership of two miles of track between Glyndyfrdwy and Carrog, the article using the words “There is a question of ownership” of the section.

    Unless I have missed it, I’ve not seen mention of this anywhere else or in this thread. I did see mention the plc owned some track but didn’t realise it was to this extent, is this correct?

    Steam Railway also state that 12 MK1s are potentially up for sale.
     
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  4. ccbysh

    ccbysh New Member

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    From what I understand that 12 includes a GUV and one which is substantially converted to a function coach, so only 10 ‘normal’ passenger carrying MK1s.

    Another twist seems to be that one of the former directors (owner of a certain small pannier tank) has claimed ownership for 4 for these MK1s. This means the administrator is finding it even harder to find sufficient value in the assets, so apparently are looking closely at any assets where ownership is not crystal clear.
     
  5. 73129

    73129 Member

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    Anyone know the going rate for a reasonable good MK1 these days.
     
  6. Pete Thornhill

    Pete Thornhill Part of the furniture Staff Member Moderator Friend

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    Well the GWSR wants £15k for the ex Irish steam heat van which requires refurbishment. Chinnor were also appealing for £17k to buy a SK also in need of refurbishment, so there is your starting point. I guess in working condition could be worth double that these days.
     
  7. Alan Kebby

    Alan Kebby Member

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    I think I saw one advertised for £35k a couple of years ago, so probably that sort of ball park.

    10 coming on to the market at once might lower the value, depending what level of demand there is.
     
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  8. Monkey Magic

    Monkey Magic Part of the furniture

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    I'd assume that demand for corridor stock is higher at the moment so they would fetch a higher price.
     
  9. LC2

    LC2 Member

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    Not sure that's an assumption I'd make.
    Purchases would probably be done with the long term in mind rather than short term for the next 3 months of covid.

    And even if you did want them for the reduced covid service, railways have done a fantastic job with screens.
     
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  10. Alan Kebby

    Alan Kebby Member

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    Agreed. It might be the case for non corridor compartment stock (e.g BR surburbans) if any of that came on the market in good condition. They make it easy to completely separate family groups with no on train mixing.

    However with corridor compartment stock people still mix on the train, with compartments to separate them when they sit down. A similar effect can be achieved with screens in open stock.

    There is no suggestion the Llangollen surburbans are for sale.
     
  11. Sidmouth

    Sidmouth Part of the furniture Staff Member Moderator

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    suggestions some of the coaches on offer may be privately owned . cannot absolutely confirm but ownership confirmation has to be key
     
  12. Alan Kebby

    Alan Kebby Member

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    Sounds like things could get messy then.
     
  13. marshall5

    marshall5 Well-Known Member

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    The owner of a loco formerly at LR and elsewhere had a brass owner's plate rivetted to the engine. It would save a lot of hassle in cases like this.
    Ray.
     
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  14. 61624

    61624 Well-Known Member

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    Its sucj a long time ago that I had forgotten, but At one point there was a court case over work carried out on a engine under contact at a particular site where one of our carriages was stored which, it had gone badly, risked everything on sire being seized, so we had to apply an ownership plate to our carriage petty pronto. It is probably a good idea to git them to any privately owned stock, just in case! .
     
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  15. Alan Kebby

    Alan Kebby Member

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    A good idea and it would certainly make an administrator think twice about selling it. However sticking a plate on saying ‘I own this’ isn’t really proof of anything is it. How would one go about actually proving ownership of a loco or carriage? Invoice for purchase perhaps?
     
  16. I. Cooper

    I. Cooper Member

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    Presumably a copy of the paperwork agreement for the vehicle in question to be stored/used at the railway in question would confirm that it doesn't belong to the railway and is there under an agreement.
     
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  17. flying scotsman123

    flying scotsman123 Nat Pres stalwart

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    Assuming there is an official agreement for whatever it is to be on the railway! Not always the case, especially for things brought in in the earlier days of a railway.
     
  18. 61624

    61624 Well-Known Member

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    It does at least act as an alarm that the administrators/receivers are obliged to check, as part of their due diligence, though, and most groups or individuals will be able to produce proof of ownership on request. It is rarely possible or advisable to attach the actual proof to the item!
     
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  19. Alan Kebby

    Alan Kebby Member

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    Indeed and it’s obvious I wasn’t suggesting that proof of ownership should be attached to the item. I was merely raising the question about how ownership of railway vehicles can be proved in these circumstances. It’s not like there is a central nationwide register of who owns what. I guess it’s down to the owner to show the paperwork trail to prove they have purchased it.
     
  20. oldmrheath

    oldmrheath Well-Known Member

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    I would expect any railway to have a register of ownership of all privately-owned items, be they stock, equipment or artefacts on its property, not least for insurance purposes

    Jon
     

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