§ Mr. Bob RussellTo ask the Secretary of State for Health if he will name the company to which it is intended to sell the former Severalls Hospital at Colchester; at what price it is to be sold; and when he expects the sale to be completed. [90707]
§ Mr. DenhamNo contracts for sale have yet been signed nor have solicitors been instructed to draw up a contract. Discussions for a potential sale are continuing with terms yet to be agreed. It would be prejudicial at this stage to name the parties with whom negotiations are being conducted or to disclose terms of a potential sale including expectations on price or value. Parts of Severall Hospital are, of course, occupied for National Health Service needs and will continue to be so for the foreseeable future.
If negotiations are successful, completion could be by early 2000.