West Wight Middle School

Spectrum Premier Homes Ltd offer £825,000 for West Wight Middle

Following the council’s decision back in December to treat Spectrum Premier Homes Ltd as a Special Purchaser for the sale of West Wight Middle School, a further delegated decision report has been released today.

Cllr George Brown will be asked …

To approve the disposal of the council’s freehold interest in the former West Wight Middle School, Queens Road, Freshwater.

The outcome will be the best possible capital receipt from this disposal towards the
funding of the capital investment element of the school reorganisation programme, as set out in the approved cabinet decision ref. 76/07 “Schools Reorganisation – Outcome of January/February Consultation”, and in accordance with the current strategic asset management plan, it will also deliver a higher than required percentage of affordable housing – 69 per cent.

There will be some consideration over possible payment to the parish council for Rights of Way on parish council land. All the details are in the documents embedded before for your convenience.



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martin william wareham
11, March 2013 2:11 pm

Spectrum Premier Homes Ltd a Special purchaser not half at ONLY Sixteen Grand plus for each plot a very Special price [part of comment removed by moderator]

pallance
Reply to  martin william wareham
12, March 2013 9:34 am

Can someone please explain to me how the Council can get away with this, because I just do not understand.

Island Monkey
11, March 2013 2:22 pm

Yes, another bargain basement sale from the council. Half price plots in all Island towns?

This council certainly knows how to delight property developers – but they don’t make anyone else happy.

Black Dog
11, March 2013 2:29 pm

Corruption – The game that only the Isle of Wight council can Play! £16500 per plot is like a TV game show – The Price is Right or is it a Brownie Bonus? Why the big rush to sell when there is an election looming? The more I hear about the actions of this bunch of Muggers the more I want to bring back public flogging. Freshwater… Read more »

Colin
11, March 2013 2:54 pm

Disgraceful.

Another article in Private Eye methinks.

Black Dog
11, March 2013 3:37 pm

Council workers and junior officers make sure you protect and or copy evidence that might provide evidence of wrong doings.

Given the track record of the Cabinet, some directors and senior officers you could, very likely carry the can. Protect yourself for real change is on its way.

Meursault
11, March 2013 6:17 pm

It is crazy to think that this development site was probably worth many millions back in 2005/06 and is now being sold off for a mere £825,000. But when you flood a depressed market with assets, needing a quick sale, it will always drive the price down. It would be much better to sit on them until the market picks up and get a decent price. But… Read more »

Black Dog
Reply to  Meursault
11, March 2013 8:31 pm

Selling things in a depressed market reminds me of other idiot called BROWN who sold off half our gold reserves, when the value was it its lowest for years.

Do you think they are related? [part of comment removed by moderator]

DH
Reply to  Meursault
12, March 2013 10:50 am

This is a fantastic idea but goes completely against the Tory ideology.

I’ve always thought of the local authority offering plots of land to individual self builders to construct environmentally sympathetic and efficient homes in keeping with the ‘Eco Island’ values.

DH
11, March 2013 11:33 pm

Land for sale rarely goes down and at £17k a plot they’ve got an absolute bargain. Considering the cost of building a house will be around £60k a piece let’s hope this affordable housing is truely affordable for those desperate for the need.

I will be watching in interest when the ‘sale’ cost is published for the homes.

Robert Jones
12, March 2013 1:10 pm

Not entirely happy about these plans, not least because I went to school here and believe there still ought to be a secondary school in the West Wight, rather than cramming more and more pupils into increasingly de-humanizing comprehensives. However, Spectrum, which took over Medina Housing Association, is one of the IW Council’s partners in providing affordable homes; it’s a housing association with a private development arm… Read more »

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