HOME   ARCHIVE   GALLERY   SHOP   ABOUT US      
 

 
SALFORD CITY COUNCIL PAYS OVER £2MILLION RENT FOR EMPTY OFFICES OWNED BY LEGAL AND GENERAL
 

Star date: 6th March 2017

SALFORD COUNCIL PAYS OVER £2MILLION RENT FOR ONE NEW BAILEY WHILE SHUTTING DISABLED CHILDREN'S HOME

As Salford City Council proposes to save £300,000 by closing The Grange, the city's only residential home for disabled children, it has paid out over £2million in rent for empty offices at New Bailey owned by the Legal and General Pension Fund.

Full details here...


One New Bailey Salford Salford Red Devils mascot signs petition to Save The Grange Save the Grange protest outisde Salford Civic Centre
click image to enlarge

Today the Salford Star can reveal that Salford Council has been forking out over £2million for empty offices at One New Bailey, while proposing to close The Grange, the city's only residential home for disabled children to save an estimated £300,000.

Last December, Salford City Council made a payment of £686,625 to the Legal and General Pension Fund for 'rent' which we kind of guessed was to underwrite leases at One New Bailey, the shiny new office block near Salford Central Station (see here). The block currently has two empty floors which it has failed to rent out.

After a Freedom of Information response, the Council has now confirmed that this £686,625 payment was just "the quarterly rent (inclusive of VAT) for offices at One New Bailey for the period 25th December 2016 to the 24th March 2017".

Other rental payments to Legal and General Pension Fund for the same amount were also made in July 2016 and September 2016, making a grand total, so far, of £2,059,875. Plus a further payment of £40,096 for insurance.

One New Bailey, according to its website, is "owned and funded by Legal and General". The Legal and General Pension Property Fund in January boasted assets of £836.5million (see here).*

Last month the Council agreed proposals to shut The Grange, to save £300,000, citing a lack of finance, despite ongoing protests and a campaign to keep it open (see previous Salford Star articles – click here and click here)**. 

Residents might want to ask why Salford City Council is picking up the bill for the deserted, privately owned offices, which has so far cost over £2million of public money while cuts are being made to public services.


* The Legal and General is the major partner in the English Cities Fund (ECf) which is developing New Bailey and Chapel Street. For more information see previous Salford Star article - Not A Penny Given Back To The Community From ECf Redevelopment - click here

** To sign the petition to Save The Grange - click here


See also previous Salford Star article - Homeless Plight in the Midst of £650million Developments - click here



Jimbo wrote
at 3:24:43 AM on Tuesday, March 7, 2017
I am a regular critic of your site, and feel your a bunch of socialists who haven't realised the world has moved on since 1974. However this story is shocking. A prime piece of commercial land, opposite Spinningfields and the council feel the need to do a deal where the underwrite the rent? Any idiot could tell you that developers in/around Manchester would fight both and nail for space like this so close to spinningfields. This deal shows appalling naivety on behave os Salford. And the block they built is hardly inspirational either
 
Mary Ferrer wrote
at 1:01:07 AM on Tuesday, March 7, 2017
With all the cuts from the Tory government,you would think Salford council would sit down and work out the best way forward for the people of Salford. But it sounds like I am living in cloud cokoo land.You would think these people who are running our city would work out that paying vast amounts of money for an empty building was a wee bit over the top,even for the idiots who are running our city into the ground. But it appears the inmates are running the madhouse. But it will continue until the people of Salford get off their backsides,make that short trip to the polling station and get these insane people out of the civic.
 
Labour out wrote
at 3:08:51 PM on Monday, March 6, 2017
This Labour Ruben council are a disgrace spending Tax payers money on rubbish, come the local elections I won't be voting the shower of Sh*t
 
down but not out wrote
at 12:32:23 PM on Monday, March 6, 2017
Yes can anyone at Salford City Council explain why so much of our money is being ploughed into a half empty building and who for while our most vulnerable are being left out in the cold? Answers on a postage stamp please!!!
 
Please enter your comment below:
 
 
 
Salford Star Hoodies
Salford Star contact
Deli Lama
advertisement
 
Contact us
phone: 07957 982960
Facebook       Twitter
 
 
Recent comments
article: SALFORD CITY MAYOR MISLEADING STATEMENTS ON DEVELOPER CASH
Paul Dennett, is a politician, lets be honest here, you cannot expect him to tell the truth. All politicians never ever tell the t... [more]
article: SALFORD CITY MAYOR MISLEADING STATEMENTS ON DEVELOPER CASH
I agree with the Star on this one, although it can be difficult for a council to win a bluff against a developer who says they won... [more]
article: SALFORD CITY MAYOR MISLEADING STATEMENTS ON DEVELOPER CASH
See Dave Green's comment below - the £50m figure is not 'dubious' in the slightest. in print issue 10 we had a massive article bre... [more]
article: SALFORD CITY MAYOR MISLEADING STATEMENTS ON DEVELOPER CASH
Where are the figures this is based on. How does the star calculate £50million? Either the Star is only reporting half the story a... [more]
article: SALFORD CITY MAYOR MISLEADING STATEMENTS ON DEVELOPER CASH
Well, Phil, further to a comment made by Salford Star Editorial Staff recently and your week’s ban from contributions, it appears ... [more]
 
 
 
 
 
Days
Hours
Minutes
Seconds
 
 
 

Donate

Help the Salford Star...

all donations welcome

 
 

More articles...

SALFORD COUNCILLORS COULD BE CUT IN BOUNDARY COMMISSION REVIEW

Star date: 20th April 2018

NUMBER OF COUNCILLORS COULD BE CULLED IN REVIEW OF WARDS

The number of Salford councillors could be cut in a sweeping review of the city by the Local Government Boundary Commission for England..."The review will re-draw ward boundaries across the city as well as deciding how many councillors should be elected to the council in total" said a spokesperson for the Commission.

Salford currently has three councillors per ward but, with new wards possibly emerging as the city grows, this might be cut to two per ward.

Full details here…

SALFORD CITY MAYOR MISLEADING STATEMENTS ON DEVELOPER CASH

Star date: 19th April 2018

AS £5.5MILLION AVOIDED BY DEVELOPERS SALFORD MAYOR SAYS IT'S A 'MYTH'!

In the latest issue of Salford Council's propaganda mag, Life in Salford, Salford City Mayor, Paul Dennett, has denounced the "myth" that "developers don't contribute money to the city. It's simply not true" he says.

Yes, they do contribute some money but they also avoid millions of pounds in payments and provision of affordable housing. Indeed, Salford Star analysis shows that developers avoided almost £5.5million in payments last year, as the Mayor only tells half the truth.

Full details here...

DISABLED PEOPLE AGAINST THE CUTS STAGE SCRAP UNIVERSAL CREDIT PROTEST IN MANCHESTER

Star date: 18th April 2018

STOP AND SCRAP UNIVERSAL CREDIT WITH NO EVICTIONS STATE GROUPS

Today, in St Peter's Square Manchester, around half a dozen campaign groups took part in a Disabled People Against the Cuts national day of action calling for Universal Credit to be stopped and scrapped.

Chalk slogans covered the square, speeches were made condemning the affect of the discredited benefit and a giant letter was handed into Manchester City Council calling for 'No evictions' as a result of Universal Credit payment delays.

Full details here...

SALFORD NURSERY CAMPAIGNERS TAKE FIGHT TO PARLIAMENT

Star date: 18th April 2018

FIGHT FOR THE FIVE CAMPAIGNERS HEAD TO WESTMINSTER

A coach load of Save Our Nursery campaigners will be heading to Parliament next Wednesday 25th April for a meeting with MPs in the Palace of Westminster and to urge the Government to be flexible over its new funding formula.

It is also hoped that Labour Party Leader, Jeremy Corbyn, will pressure Theresa May to respond at Prime Minister's Question Time on the same day.

Full details here...

HUGE PAY RISES FOR SALFORD CITY COUNCIL OFFICERS

Star date: 17th April 2018

ASSISTANT DIRECTORS TO GET HUGE PAY RISES

Cash-strapped Salford City Council is to give huge pay rises to senior officers after a 'job evaluation exercise' moved them well up the pay scale. It follows the resignation of the Director of Finance and Corporate Business, and spreading the majority of his salary amongst other re-titled roles.

The Salford Star believes the officers are in line to share around £54,000 between them.

Full details here...

 



written and produced by Salfordians for Salfordians
with attitude and love xxx