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Author: Sal

Council Sell Off Properties and Freehold

Friday, 6th June, 2008 at 9:15 am, Isle of Wight

delegated powersMany of you will be aware that the Isle of Wight Council are in the process of selling off land and properties that they currently own as part of the capital receipts programme.

Three of these are coming up for consideration under delegated powers next week.

We thought you might interested to see the details.

Decisions will be taken by Cllr George Brown – Deputy Leader and Cabinet Member for Economy, Leisure, Planning and Property.

The values of the properties range considerably, from £5,000 for the freehold to the British Red Cross in East Cowes, to £360,000 for nine flats in a Victorian property in Totland.

Follow the links to read the history:

East Cowes, Newport, Politics


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One Response to “Council Sell Off Properties and Freehold”

  1. James P Says:
    June 8th, 2008 at 8:02 pm

    I guess they have to pay for their Microsoft upgrades (roughly £800k) somehow. Next up, the school sites that they promised would be only sold for educational purposes, although, er, not schools. Obviously.

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