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Council owned site sold for in excess of £100 million
A site in Slough, bought by the council in January 2021 has been sold for more than £100 million, a huge surplus on what was paid for it, the council announced today (24 November 2022).
First asset sale completed at £14.48m
Slough Borough Council has sold the first of its assets – a warehouse unit in Bradford.
The sale completion marks the start of a series of sales of council-owned assets, agreed as part of the government intervention in the borough following the financial collapse of the council in 2021.