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Departments: Property

Volume 461: debated on Wednesday 20 June 2007

To ask the Chancellor of the Exchequer how much was received by the Department from the letting of its properties in each of the last five years. (139325)

The income the Treasury has earned from sub-letting space in the 1 Horse Guards Road building is as follows:

Financial year

Letting income (£000)

2006-07

1,495

2005-06

658

2004-05

415

2003-04

14

2002-03

0

To ask the Chancellor of the Exchequer what recent estimate has been made of the value of his Department’s property portfolio. (139364)

The Treasury’s offices at 1 Horse Guards road were valued at £95.87 million as at 31 March 2006.