HC Deb 22 July 1998 vol 316 c568W
Mr. Alan Campbell

To ask the President of the Board of Trade what was the total value of receipts from the sale of surplus assets by the Post Office in(a) 1995–96, (b) 1996–97 and (c) 1997–98. [51579]

Mr. Ian McCartney

[holding answer 20 July 1998]: I understand from the Post Office that the total proceeds received from sales of property were £40 million in 1995–96, £42 million in 1996–97, and £23 million in 1997–98.

Mr. Alan Campbell

To ask the President of the Board of Trade what is the total estimated value of Post Office surplus properties currently on the market. [51576]

Mr. Ian McCartney

[holding answer 21 July 1998]: I understand from the Post Office that the total estimated value of their freehold properties currently on the market is £4 million. This excludes property under offer or on which contracts have been exchanged.

Mr. Alan Campbell

To ask the President of the Board of Trade how many potential purchasers of Post Office surplus properties who subsequently defaulted on the contract to buy were subject to legal action by the Post Office in 1996–97. [51578]

Mr. Ian McCartney

[holding answer 21 July 1998]: I understand from the Post Office that there have been no such cases.

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