§ Jeremy CorbynTo ask the Deputy Prime Minister what the rental income is for Archway Tower N19; what the expenditure by public sources was in the last 12 months; and how much capital expenditure there has been on the building in each of the last three years. [5362]
791W
§ Ms Rosie WintertonI have been asked to reply.
Archway Tower is owned by a commercial landlord, so there is almost no rental income to the Exchequer. However, the annual rent payable is £884,000 for Archway Tower plus a further £29,400 for 49 adjoining car parking spaces. There is a nominal annual rent income to the Exchequer of £13,295 from Vodaphone transmitter aerials located on the roof of the building. There is no 792W intention to generate rental income from sub-letting because the building is currently being fitted out for full beneficial occupation by the Public Guardianship Office (PGO) and the Children and Family Court Advisory and Support Service (CAFCASS) within the next nine months. The expenditure by public sources in the last 12 months was £1.346,805. The capital expenditure on the building in each of the last three years was £458,449 in 2000–01, £2,511,430 in 1999–2000 and £4,572,656 in 1998–99.