Select Committee on Foreign Affairs Written Evidence


Letter to the Second Clerk from the Parliamentary Relations and Devolution Team at the Foreign and Commonwealth Office

QUARTERLY ESTATES SALES RETURN

  Chris Stanton wrote to Steve Priestley in April 2005 enclosing a list of properties that the FCO had sold in the third quarter of the Financial Year 2004-05, in fulfilment of a commitment made by Sir Michael Jay to the Committee on 20 July 2004 to submit regular reports. Enclosed with this letter is a table listing the properties sold in the fourth quarter of the Financial Year 2004-05.

  As with previous tables, the figures shown are the gross sales proceeds. Transaction costs will vary, but can be expected to average 6-8%. Only one of the properties involved, that sold in St Georges, Grenada, was the Residence of a Head of Mission, which has been replaced.

Mark Turner

Parliamentary Relations & Devolution Team

26 July 2005

FCO PROPERTY SALES FOR THE PERIOD 1 JANUARY to 31 MARCH 2005
PostType of property Gross sales receipts
4 January 2005Copenhagen Residential   £661,000
6 January 2005Wellington Residential   £128,000
23 March 2005St Georges Residence   £254,000
Gross Sale Proceeds £1,043,000





 
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