People have found a way to keep some of Britain’s red telephone boxes useful and profitable in the mobile age
Edward Ottewell, who owns the kiosk, seems to have found a way to keep it, and others around Britain, useful and profitable. He has bought more than 100 and rents some out for a few thousand pounds a year. One, a few streets from the one Mr Baker rents, houses a cupcake machine. Another is home to acode that offers discounts for an ebike-share scheme. Mr Ottewell also sells kiosks on Bidx1, an online platform. The one Mr Baker rents is on the market for £57,500 .
So far, so standard for the “law of rent”, according to which the person who owns a scarce resource reaps the profit when that resource is put to productive use. But nowis threatening legal action. In May it served a legal letter to Mr Ottewell’s company and charity, saying that they were not “honouring their contractual obligations” and disputing the right of either to sell the kiosks.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
After More Than 15 Years Off Air, Reading Rainbow Is Returning to TV in 2022 With Multiple HostsReading Rainbow is returning to TV in 2022, and we're filled with nostalgia.
Weiterlesen »
Deepfake Technology Is Now a Threat to Everyone. What Do We Do?Deepfake scams are becoming more common, thanks to a number of free deepfake apps that are just a Google search away.
Weiterlesen »
U.S. household net worth posts smallest gain of COVID recoveryGrowth in U.S. household net worth cooled in the third quarter as wealth created by rising home values was eroded by a temporary pullback in the stock market.
Weiterlesen »
New Balance Creates $13K Sneakers W/ 4.5 Billion Yr. Old MeteoriteNew Balance created a one-of-a-kind pair of sneakers using 34 chunks of a 4.5 billion-year-old meteorite to promote a new Netflix film
Weiterlesen »
Break Hearts in Style With Olivia Rodrigo's New Casetify Collection - E! OnlineIt's brutal out there, but the 'Good 4 U' artist's collection of sustainable phone cases and accessories will keep your phone protected in the cutest way.
Weiterlesen »