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Posted by: John Brace | 10th February 2014

EXCLUSIVE: Incredible £88,174 loss made by Merseytravel on sale of Liverpool pub (continued)

EXCLUSIVE: Incredible £88,174 loss made by Merseytravel on sale of Liverpool pub (continued)

                        

Continues from EXCLUSIVE: Incredible £88,174 loss made by Merseytravel on sale of Liverpool pub.

Tony (Merseytravel officer): Also the plot in front of you doesn’t have any access to the highway and fronts the street. There’s very little space in that it’s actually quite a small plot of land.

Cllr Liam Robinson (Liverpool City Council, Labour): Tony?

Cllr Anthony Carr (Sefton Council, Labour): Thanks Tony too. Do you have any details of the acquisition of the land neighbouring the land and when the current owners took possession of that land about the date that they purchased that land for? Whether it was because it was a big piece of land…about it was eighteen months.. the land valuation office about the land valuation office so it gives you a better guide as to not what they wanted, but what they already paid for the land that they’ve already got?

Tony (Merseytravel officer): I’m sorry I don’t have those details but I’ll see what I can find out.

Cllr Liam Robinson (Liverpool City Council, Labour): Again Steve?

Cllr Steve Foulkes (Wirral Council, Labour): I suggest progress Chair that I think this, now that it’s a public document which I think it should be, the land valuation is out there and in you know the public arena. We’re unlikely then, to get any more than this for this piece of land but can we ask officers to consider the options that Members have raised when parcels of land like this as a general policy that we go to auction or we use that methodology to see if we can get the best return we can on any piece of land or any asset that we sell?

Cllr Liam Robinson (Liverpool City Council, Labour): Yeah absolutely and I think that it’s central to the way that we deal with any asset I would sell in making sure that now the District Auditor and the District Valuer at all times for any disposal or acquisition with us in getting that relevant necessary advice at all times. Mary?

Cllr Mary Rasmussen (Liverpool City Council, Labour): Just a kind of an afterthought really Chair. It would be interesting to know what pieces of land we do own and where they are so that we can be forewarned if you like we know nothing just jump out of the ground and be flogged off rather cheaply in the future? Just to make as all aware.

Cllr Liam Robinson (Liverpool City Council, Labour): And I think fundamentally all these things are captured in our asset register and it would be useful to actually have a workshop for all Members to take Members through everything that remains within the asset register and what its strategic long-term how its potential is. Ken?

Cllr Ken McGlashan (Knowsley Council, Labour): Thanks Chairman. We used to have a New Deal for Communities earlier in across my area in Huyton and when we demolished about eleven hundred houses the price of the land then was at the maximum. Now we’re lucky to get a third of that price for that land and what we’re looking to do now is hold onto the land so we’ve got a development project. We already have developments there.

When they’ve finished one plot, hopefully that will sort of drive up the price of the next plot up. So the price of land at the moment is at an all time low and about ..%. The price has been advertised so nobody is going to pay more than the advertised price.

Cllr Liam Robinson (Liverpool City Council, Labour): Gordon?

Cllr Gordon Friel (Sefton Council, Labour): Just really a technical point on how we put this in the public domain. If we decided that we really wanted to seek an auction price for this meeting, we’d have declared our hand by it being a public document. Would we compromise ourselves? So I just wonder … that the information was regarding this, the mark down, but are we best advised putting this in the public arena with this being sold in anyway? Thank you very much Chair.

Cllr Liam Robinson (Liverpool City Council, Labour): Ok, if there’s no further contributions, if I can move the recommendation in paragraph seven of the report?

Councillors: Agreed.

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