Laura Sharman 24 May 2019

Council buys two buildings in £5m deal

Council buys two buildings in £5m deal image

Mid Sussex District Council has agreed to purchase two commercial buildings to generate new rental income.

The £5m deal will see the council purchase the freehold of two warehouses, one of which is already occupied by Halfords.

The second building is currently empty but the council is already in negotiations with a gym operator to take over the lease.

Cllr Judy Llewellyn-Burke, deputy leader of the council, said: 'The income we receive from Council Tax only covers around one third of the cost of providing Council services in Mid Sussex so we must generate the additional income ourselves with investments like this one.

She added: 'Our long-term goal is to be 100% financially self-sufficient so, no matter what happens at national government level, we will have secure funding streams in place to deliver our services for local people.'

SIGN UP
For your free daily news bulletin
Highways jobs

Social Worker - SGO & Connected Person Assessment Team

Essex County Council
Negotiable
Social Worker - Special Guardianship Order (SGO) & Connected Person Assessment Team Chelmsford £30,906 - £42,254 Salary scale according to skills a England, Essex, Chelmsford
Recuriter: Essex County Council

Refuse Driver (LGV Chargehand Driver)

Royal Borough of Greenwich
£22995 - £24258 per annum + plus contractual overtime and allowances
It is an exciting time in Waste and Street Services at the Royal Borough of Greenwich. This is a opportunity to be part of a busy, successful team mak England, London, Greenwich
Recuriter: Royal Borough of Greenwich

Management Information Assistant

Brent Council
£24,462 - £26,724 p.a. inc (pro rata)
The successful candidate will have knowledge of relevant systems and software used in Finance and Human Resources. Wembley, London (Greater)
Recuriter: Brent Council

Principal Traffic Signal and ITS Engineer

Warwickshire County Council
£40,876.00 - £42,821.00 plus annual standby allowance of £2,562.84
You will be responsible for the day-to-day operation and maintenance of our Urban Traffic Management and Control System. Warwickshire
Recuriter: Warwickshire County Council

Finance Business Partner (GR7)

Birmingham City Council
£57,698 - £74,887
A role of this scale calls for an experienced Finance Business Partner with tried and tested skills. Birmingham, West Midlands
Recuriter: Birmingham City Council

Public Property

Latest issue - Public Property News

This issue of Public Property examines how how flexible workspaces can lead the way in regeneration for local authorities, Why local authority intervention is key to successful urban regeneration schemes and if the Government’s challenge of embracing beauty is an opportunity for communities.

The March issue also takes a closer look at Blackburn with Darwen Council's first digital health hub to help people gain control over health and care services.

Register for your free digital issue