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Departmental Assets

Volume 502: debated on Monday 14 December 2009

To ask the Secretary of State for the Home Department what assets of his Department are planned to be sold in each year from 2009-10 to 2013-14; what the (a) description and (b) book value of each such asset is; what the expected revenue from each such sale is; and if he will make a statement. (300203)

My Department rents rather than owns most of its estate and so is focusing more on limiting and where possible reducing its rent liabilities. There is currently one asset for sale. This is the former Official Residence at 62 South Eaton Place whose current book value is £1.7 million. The indicated guide price is £4 million.