Council sells land to ease pressure on finances

A Surrey council is offering two plots of land for sale in a bid to ease its financial problems.

Surrey Heath Borough Council is putting land in Obelisk Way and part of Yorktown car park, both in Camberley, on the market as potential development sites.

In February the authority said it could have to make job cuts in order to save £4m.

It said the plots could be used for affordable housing for key workers.

The Obelisk Way site used to be a pub and is now occupied by an interiors company and two charity shops, with the leases for those businesses are being offered as part of the sale.

The Yorktown car park land currently has 75 parking spaces on it.

The council said 58 parking spaces will remain, with data suggesting these will be sufficient for the level of demand.

Kel Finan-Cooke, portfolio holder for property and economic development, said: "It is entirely necessary to conduct this exercise as we continue to seek savings and create revenue on behalf of the residents of Surrey Heath, to ensure essential services can be maintained.

"All offers received will be carefully assessed to ensure they constitute best value for residents."

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