Thomas Bridge 28 November 2014

Empty building auction raises £3m for council

An auction of five empty buildings by Leicester City Council has raised over £3m for the town hall.

The sale of two former elderly people’s homes that were closed earlier this year raised a combined sum of over £2m, far exceeding their expected value.

A local day centre shut down due to spiralling costs and falling user numbers was also sold for £837,000, around £512,000 higher than what was anticipated.

The auction came as part of ongoing town hall efforts to sell-off unwanted and unused building stock, with raised sums being reinvested in new primary school places, elderly care facilities and disabled facilities grants.

Leicester mayor Peter Soulsby said: ‘The results of this auction are very encouraging, and have raised a significant sum which will be put to good use in communities across the city.

‘All the money raised from these sales will play an important role in financing the investments we’re committed to making in our current capital programme and the 2015-16 programme, which we announced earlier this week.

‘The auction process has also shown that despite the economic climate, we’ve managed to attract interest and sell these properties for a very good sum,’ he added.

SIGN UP
For your free daily news bulletin
Highways jobs

Family Support Worker

Durham County Council
Grade 6 £27,269 - £30,060 (Pay Award Pending)
Do you want to work in an ambitious Local Authority with strong leadership and partnership commitment to Children’s Services? Durham County Council a Durham
Recuriter: Durham County Council

SENDIASS Support Officer

Durham County Council
Grade 8 £31,586 - £35,235 (Pay Award Pending)
An exciting and rewarding opportunity has arisen within the busy and fast paced SEND Information, Advice, Support Service (SENDIASS). The service has Durham
Recuriter: Durham County Council

Residential Worker

Durham County Council
Grade 7 £29,093 - £32,654 (Pay Award Pending)
Salary
Recuriter: Durham County Council

Team Leader

Durham County Council
Grade 8 £31,586 - £35,235 (Pay Award Pending)
Salary
Recuriter: Durham County Council

Class Teacher

Durham County Council
£31,650- £33,483
Class Teacher MPS 1 -2   £31,650- £33,483 Temporary – required from Monday 1st September 2025 (subject to DBS) until 31st August 2026 25 hours per wee Durham
Recuriter: Durham County Council
Linkedin Banner