Latest News Headlines
On-Air Now
Listen Live
Facebook

Government makes over £1m from property sales

Tue, 23 Jan 2018

The sale of the Albert Road School site brought in £342,000.
The sale of the Albert Road School site brought in £342,000.

The Manx Government has sold off over a million pounds worth of property in the current financial year.

Nine disposals of land and property have taken place since April 2017, bringing in £1,034,477.25.

The three biggest sales were made on the open market, with the £345,000 sale of a property in Governor's Hill by the Department of Health and Social Care the highest value transaction.

The Department of Education and Children sold the Albert Road School site for £342,000, while Cranleigh Ville in Laxey was sold by the Department of Infrastructure for over £150,000.

Six other sites are currently awaiting completion of disposal, including Ramsey Courthouse, Port St Mary Railway Station and the Police House and Station in Andreas.


Bookmark and Share

 

 

Subscribe to get Energy FM News direct to your mobile device

You can get Energy FM News delivered direct to your mobile device using one of the following methods.

  • In the Apple News App on iOS search for Energy FM IOM and then just add it to your favourites
  • In the Google News & Weather App just search for Energy FM and then add us as a customised section
  • If you use an RSS Reader then just add our feed to your app, click here for our news RSS feed