§ Mr. Bellengerasked the First Commissioner of Works at what figure the island site opposite the Victoria and Albert Museum has been sold; on whose advice the method of disposal by tender was adopted; whether any valuation was made before tenders were invited and by whom; and why the property was not submitted for sale by public auction?
§ Sir P. SassoonThe sale of the island site has not yet been completed, and I am therefore not in a position to state the figure required by the hon. Member. A valuation was made before tenders were invited by officers of the Inland Revenue. The property was in the hands of my Deaprtment for disposal and it was submitted for sale by sealed tender rather than by public auction, because, in the circumstances of the case, the former method was regarded as likely to be productive of the best result.