§ Mr. Gordon PrenticeTo ask the Secretary of State for the Environment, Transport and the Regions how much was realised by the sale of Gleneagles Hotel. [104830]
§ Mr. HillThe Gleneagles Hotel, the Caledonian Hotel (Edinburgh) and the North British Hotel (Edinburgh) were sold together by the British Railways Board in 1981 by means of a company sale. Two thirds of the shares were sold for £13.5 million and the rest were sold later for £6.1 million.