asked Her Majesty's Government:
What is the current position regarding the sale of the Ministry of Defence land and buildings in the vicinity of Chelsea barracks; whether the proceeds will be used to provide better accommodation for service personnel; and, if not, for what purpose the proceeds will be used. [HL668]
On 5 April 2007, the Ministry of Defence exchanged contracts for the sale of the 5.2 hectares (12.8 acres) Chelsea Barracks site with Project Blue (Guernsey) Ltd. Completion is due on 31 January 2008. The Ministry of Defence is currently disposing of no other land or buildings within the vicinity of the site.
The MoD will retain the full receipts from the sale of Chelsea Barracks. This will be invested fully in service accommodation.