September 18, 2021

Newyddion Cymru Ar-Lein : Wales News Online

Newyddion Lleol a Chenedlaethol Cymru – Local and National News for Wales

Pembrokeshire County Council’s Six monthly report on acquisitions and disposals published

FEWER buildings have been bought and sold by Pembrokeshire County Council over recent months due to Covid-19.

Cabinet member for finance Cllr Bob Kilmister said that the numbers of acquisitions and disposals had been lower during April to September as a report on transactions over £100,000 was discussed on November 2.

The report to cabinet states that the only acquisition was 7 Coronation Avenue in Haverfordwest was bought by the Housing Revenue Account for £106,000 in May.

Properties disposed of included a property at Withybush which was sold for £578,000 in April, which members were told was part of the “wider food park development,” a joint venture between the Welsh Government and the council.

Director of communities Dr Steven Jones added that it was a “income generating property” which would usually see the money received ring-fenced for another such property and it was recommended that this receipt be ring-fenced for food park infrastructure.

Also sold were two ‘right to buy’ properties, one in Church Road, Haverfordwest and the other at Dan yr Eglwys, New Moat, generating £126,000 and £102,000 respectively.

“During the reporting period there have been 2 other acquisitions at less than £100,000 per transaction, with a total value of £112,600 and 2 disposals with a total value of £117,500,” the six monthly report adds.

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