FCO ESTATE
Letter to the Clerk of the Committee from
the Head of the Parliamentary Relations and Devolution Team, FCO,
dated 11 April 2006
QUARTERLY RETURN
OF ESTATE
SALES
My letter of 19 January 2006 enclosed a list
of properties that the FCO had sold in the second quarter of the
Financial Year 2005-06. In accordance with Sir Michael Jay's commitment
in July 2004 to send the Committee regular reports, I am enclosing
a further report which lists the properties sold in the third
quarter of the Financial Year 2005-06.
As with previous tables, the figure shown is
the gross sales proceeds. Transaction costs will vary, but can
be expected to average 6-8%. One of the properties involved, that
sold in Antananarivo, Madagascar, was the Residence of a Head
of Mission. The properties in Auckland and Brisbane were the Residences
of the Consuls General. These three posts were part of the change
in network announced in the House by the Foreign Secretary on
15 December 2004.
Chris Stanton
Parliamentary Relations and Devolution Team
FCO PROPERTY SALES FOR THE PERIOD 1 JULY
TO 30 SEPTEMBER 2005
| Post | Type of Property
| Gross Sales Receipts
£
|
| 11 November 2005 | Antananarivo
| Residence | 265,000 |
| 11 November 2005 | Auckland
| CG Residence | 659,000 |
| 23 December 2005 | Brisbane
| CG Residence | 376,000 |
| 23 November 2005 | Brussels
| Residential | 477,000 |
| 16 December 2005 | Dublin |
Residential | 905,000 |
Gross Sale Proceeds
| |
| 2,682,000 | |
| |
| | |
|
|
