HC Deb 12 June 1996 vol 279 cc166-8W
Mr. Austin-Walker

To ask the Secretary of State for the Environment how many properties have been sold to tenants of Thamesmead Town Ltd. who had the preserved right to buy. [32455]

Mr. Clappison

Thamesmead Town Ltd. has sold 860 residential properties and 11 garages to tenants who had the preserved right to buy.

Mr. Austin-Walker

To ask the Secretary of State for the Environment how many properties have been sold by Thamesmead Town Ltd. since the company took over from the London residuary body; and what was the figure for capital receipts for each year. [32456]

Mr. Clappison

The number of properties sold by Thamesmead Town since the company took over from the London residuary body is as follows:

Number
Residential land sales 11
Industrial land sales 2
Right to buy units sold 860
Garages sold 12
Equity share property sold 1
Void property sold 1

Capital receipts for each year were:

  • 1987–88: £2,878,000
  • 1988–89: £10,155,000
  • 1989–90: £5,350,000
  • 1990–91: £1,546,000
  • 1991–92: £876,000
  • 1992–93: £1,251,000
  • 1993–94: £3,165,000
  • 1994–95: £1,496,000
  • 1995–96: £768,000

Mr. Austin-Walker

To ask the Secretary of State for the Environment what level of public subsidy Thamesmead Town Ltd. has received either in cash or reliefs, allowances or benefits in kind since its creation. [32457]

Mr. Clappison

Since its creation, Thamesmead Town Ltd. has received the following public subsidy:

Urban Programme (received via the London Borough of Greenwich) (a) Additional pavements, Titmus avenue
£
Grant 35,278
Thamesmead Town 11,760
Total 47,038
(b) Play area, Hawksmoor youth club
£
Grant 20,000
Thamesmead town 22,000
Total 42,000

(c) Additional pavements in Bentham road were provided by the London borough of Greenwich, cost not available.

Derelict Land Grant (received via the London borough of Greenwich) (a) Landscaping and removal of fly-tipping, East Thamesmead business park
£
Grant 30,000
Thamesmead town 45,000
Total 75,000

(b) Landscaping work and removal of fly-tipping, Eastern way verge in Birchmere park carried out on behalf of the London borough of Greenwich. Total cost £65,000.

Urban Partnership Fund West Thamesmead business park improvements
Source of funds £
London borough of Greenwich 40,000
Thamesmead town 95,000
Business Park companies 44,500
Thames Water Utilities Ltd. 15,000
Sub-total 194,500
Urban Partnership Fund 165,000
Scheme total 359,500
Environmental improvements to Maran Way
£
Grant from Bexley London borough 30,000
Thamesmead Town 45,000
Total 75,000

Thames Cycle Route Work carried out from Abbey sluice to Crossness sewage works on behalf of Bexley London borough and Sustrans. Total cost £32,500.