SALES of land by Chichester District Council are expected to raise more than £6.25m over the next three years.
The figure is disclosed in CDC’s annual report, which said it had a number of sites identified for disposal. Two of these, the former Portfield football ground, in Chichester, and the Tatchells ex hostel site in Midhurst, were to be marketed immediately. A residential site in Tower Street, next to the new Roman baths museum, would follow, with the old district museum in Little London offered for sale in 2012.
Including two smaller properties where sales had already been agreed, it was expected to raise in excess of £6.25m in land sales. The report said CDC’s estates team had already been progressing development proposals for retail development of council land at Barnfield Drive which could generate substantial additional revenue and capital income.
Progress is continuing on proposals for a start-up business enterprise hub at Terminus Road and an outline planning application was to be submitted to support the marketing process. A review of the council’s £87m property asset identified surplus or underused assets.
The annual report said that on behalf of the public sector across West Sussex, CDC had led a review of all public assets to identify opportunities to share property in order to save money and improve customer service.