January came and went with no reopening date announced
The February half-term across Nottinghamshire has come to an end and as a key opportunity to draw in families from across the country, Nottingham's tourist attractions will now be poring over their week's earnings. But at one of the city's most internationally recognised venues, it is not earnings that are being totted up, but losses.
Instead, the only major announcements we have had from the council since the castle's closure have been the ever increasing costs associated with it. At the time of Nottingham Castle's closure on November 21, Nottingham City Council said it could be forced to write off debts and loans of £2.68 million. A loan totalling £1.859million was provided to the Nottingham Castle Trust to help enable its initial start up.
The council said that for the third quarter of 202223, it lost £293,000 in terms of lost income from this concession agreement. On top of that, the council said it faced £300,000 of costs in the third quarter due to inheriting the "premises holding costs" of the castle, "pending a decision on future operations".
"I can't even remember the last time I thought about going but I guess for younger people and visitors that's a bit different. There's definitely a sadness about something important to Nottingham closing, but things are changing all the time." That's why Nottingham City Council points out that it has to take its time in considering the future of the castle, to hopefully avoid another calamitous ending for whoever takes on the venue next. A Nottingham Castle Transition Board is currently examining the venue's future.
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