The Department received the sums recorded as follows for the letting of its properties in each of the last five years.
£ 2002-03 1,915,250.00 2003-04 1,841,425.00 2004-05 1,627,000.00 2005-06 1,679,262.17 2006-07 482,000.00
The following properties were (a) owned and (b) rented by the Department for Culture, Media and Sport in each of the last five financial years.
(a) The Department owns the freeholds to the following properties in Windsor:
21, 22, 23, 29 Park Street and St. Mark’s Place.
During the period in question the Department sold hitherto owned properties as follows;
the freehold with vacant possession to 10 Chantry Close Windsor in 2003-04;
freeholds to 30, 31 and 32 Park Street, Windsor were sold in 2004-05;
The freehold to the North East corner of the Royal Garden Hotel was sold in 2005-06.
the freehold to 20 Park Street Windsor was sold in 2006-07 and in the same year Fairview Cottage was sold as freehold with vacant possession.
The Department owns an area of land to the north of the British Library in London.
(b) The Department rents the following properties—all in London and has done so throughout the period in question;
2-4 Cockspur Street;
Oceanic House;
Grove House;
Queen’s Yard.
The Department rented floor space at Woburn Place, London until the end financial year of 2004-05 and rented a floor at 55 Blandford Street, London during financial years 2004-05 and 2005-06.
The freeholds of certain properties in Windsor are held in the name of the Secretary of State for Culture, Media and Sport. These are leased on a long term basis by private individuals.
The latest estimated value held in the Department’s asset register for these properties is £140,000.
One other property in Windsor cannot be sold as it is within the security compound of Windsor Castle.
The Department owns an area of land to the North of the British Library in London. There are plans to sell this land: it is currently valued in our asset register at £26.6 million.