HC Deb 29 November 1994 vol 250 cc651-2W
Mr. Tony Banks

To ask the Secretary of State for the Environment what was the contractual price agreed between the London residuary body and the Shirayama Corporation for the scale of the riverside building in the country hall complex; and how much of the sale price has now been received by the London residuary body.

Mr. Robert B. Jones

The terms of the sale— including the sale price—of the riverside building of county hall were a matter of commercial confidentiality between the London residuary body and the purchaser. Some £50 million of the purchase price was distributed by the LRB to the London boroughs in proportion to the total populations of each borough in accordance with the London Government Reorganisation (Capital Money)(Greater London) (Amendment) Order 1993.

Mr. Tony Banks

To ask the Secretary of State for the Environment when he expects the remaining parts of the County hall complex to be sold; what is the estimated value of the unsold parts; and how much has been spent by the London residuary body in marketing the site.

Mr. Robert B. Jones

The London residuary body has announced that the sale of the remainder of the county hall site is to be completed on 29 March 1995 and that the agreed purchase price is £17.5 million. The cost of marketing the site is a matter for the LRB.

Mr. Tony Banks

To ask the Secretary of State for the Environment what have been the maintenance costs of county hall over the past two years; and how much relates to the riverside building.

Mr. Robert B. Jones

This is a matter for the London residuary body.