LocalGov.co.uk - Your authority on UK local government masthead
Laura Sharman 12 March 2019

Welsh council buys leisure park for £21m

Monmouthshire County Council has purchased the freehold of Newport Leisure Park for £21m.

The 11-acre site includes a cinema, restaurants, leisure facilities and parking spaces. New housing is also being developed in the area, which is close to the potential new route for the planned M4 link road.

Paul Matthews, CEO of the council, said: ‘We are pleased to have secured a well-let, long income asset that will provide an excellent annual return for the council and help us to sustain our wider service delivery portfolio in the years ahead.

He added: ‘It is the latest addition to our commercial investment portfolio following our recent acquisition of Castle-gate Business and Science Park.’

Photo: © Jaggery

#Income generation #Property

Analysis

Opinion

Most Popular News

Unite accuses Birmingham CC leaders of misleading scrutiny committee image
Unite accuses Birmingham CC leaders of misleading scrutiny committee
New system launched to assess councils’ road repair performance image
New system launched to assess councils’ road repair performance
Threat to SEND rights could leave thousands of children without support image
Threat to SEND rights could leave thousands of children without support
EXCLUSIVE: LGA plan hits mid ranks image
EXCLUSIVE: LGA plan hits mid ranks
Councils defy party lines on election delays image
Councils defy party lines on election delays

New Products

Bolton Council Upgrades 120+ School Crossings with Smart CMS Control by Lucy Zodion

NEC CONTRACTS HAS GONE DIGITAL: PAPERLESS, TO GIVE YOU MORE

Vent-Axia Delivers Social Housing a Smart Ventilation Solution Ahead of Awaab’s Law

New remotely lockable cabinet will help manage medication for people with mental health issues

UK-first tool developed by Bluesky scores areas green credentials to aid urban planners

New partnership drives improved air quality and healthier homes in social housing

ShuttleID launches 90-day free trial for local authorities

Case Studies

Acrospire Delivers Seamless Heritage Lighting Upgrade on Bath’s North Parade Bridge

Acrospire Delivers Retrofit Lighting for Newbridge’s Joe Calzaghe Footbridge

Acrospire Delivers PIR-Controlled Lighting at Ruislip Lido Car Park

Spennymoor Market Place and Consett Middle Street revitalised using Thorn Lighting’s Thor Lanterns and Customisable Gobo Projectors

Acrospire Partners with Bath & North East Somerset Council to Illuminate Historic Film Location with LED Upgrade

Believ to install 22 charge points across Redcar and Cleveland

Acrospire Enhances Harlington Underpass with Energy-Saving Vandal-Resistant Lighting

Company Anouncements

Acrospire triumphs at the 2025 HEA Awards with Sustainable Project of the Year

TRT Lighting retrofit helps Lincolnshire County Council cut street lighting energy use by over 65%

Vent-Axia Welcomes Healthy Homes Standard

Vent-Axia Helps Tackle Condensation and Mould this World Ventilation Day

Airtech Calls For Urgent Government Action to Support Radon Awareness Week

Vent-Axia’s New Smart Fan Helps Landlords Stay Ahead of Awaab’s Law

Lucy Zodion recognised as sustainability leader with Build Back Better GREEN Award for HAWK3

Popular Topics

#Workforce #Whitehall #Transport #Transformation #Training #Trade unions #Survey #Strike action #Social Housing #social care #Skills #SEND #Scotland #Schools #Safety
SIGN UP
For your free daily news bulletin
Highways jobs

Private Housing Standards Officer

North Yorkshire Council
£34,433 - £38,220 pro rata per annum
We are looking for a Private Housing Standards Officer, who will protect the health, safety and wellbeing of our residents Scarborough, North Yorkshire
Recuriter: North Yorkshire Council

Private Housing Standards Officer

North Yorkshire Council
£34,433 - £38,220 pro rata per annum
We are looking for a Private Housing Standards Officer, who will protect the health, safety and wellbeing of our residents Harrogate, North Yorkshire
Recuriter: North Yorkshire Council

Occupational Therapy Support Officer (Childrens Housing)

Oxfordshire County Council
31537 - 34434
The postholder would deal with initial enquires and offer advice to families and other referrers, signposting to other services and sending out advice sheets. They would complete initial telephone assessments and record information to allow understanding Oxfordshire
Recuriter: Oxfordshire County Council

Project Officer Apprentice (Culture and Leisure)

London Borough of Richmond upon Thames and London Borough of Wandsworth
Salary first year 80% of LLW (London living wage),
Project Officer Apprentice (Culture and... Wandsworth Town and Twickenham Council Officers
Recuriter: London Borough of Richmond upon Thames and London Borough of Wandsworth

OSCP Project Officer

Oxfordshire County Council
£46142 - £49282
We are looking for a skilled and motivated Project Officer to lead and deliver multi agency improvement projects across the safeguarding system in Oxfordshire. This is a specialist change and transformation role, ideal for someone who enjoys collaborative Oxford
Recuriter: Oxfordshire County Council
Linkedin Banner