§ MR. E. H. BAYLEY (Camberwell, N.)
I beg to ask the Under Secretary of State for the Colonies whether he can give any further information as to the purchase of property in the New Mole Parade, Gibraltar, and especially as to the return yielded, by whom paid, and for what purpose the buildings have been used?
§ MR. S. BUXTON
The Governor of Gibraltar has reported that the nett revenue received from the property in question between its purchase and the 31st of October, 1893, was at the rate of nearly 4 per cent, per annum on the purchase money, which was £8,000, and not £8,900. The Government have thought it advisable to execute only necessary minor repairs, and to close those portions in which sanitary requirements might have entailed the expenditure of any considerable sum. Three rooms, there- 827 fore, have been closed, and notice to quit on the 1st instant had been given to the tenant of a stable. All sanitary requirements have been duly and promptly complied with, and no part of the now occupied building has been condemned as unsanitary. One block of buildings is only 12 years old, and is in a very fair state.