HC Deb 27 March 1990 vol 170 c133W
Mr. Morgan

To ask the Secretary of State for Wales (1) if he will direct the Welsh Development Agency to offer sitting tenants in their factories first refusal when industrial estates are being offered for sale;

(2) if he will issue guidelines to the Welsh Development Agency regarding consultation with its tenants of industrial units when those units are being offered for sale;

(3) if he will direct the Welsh Development Agency to offer first refusal to the relevant local authority when its industrial estates are being offered for sale.

Mr. Flynn

To ask the Secretary of State for Wales what guidance he has given the Welsh Development Agency on the sale of industrial sites to sitting tenants.

Mr. Wyn Roberts

The Welsh Development Agency's policy for the disposal of individual sites and units is established on the basis of guidelines issued by the Department. These state that the agency shall at all times seek to obtain the best possible consideration and whenever reasonably practicable to seek competitive bids for the asset, whether land or buildings. Whenever it is practical to do so, the agency considers the possibility of sales to industrial tenants.