Brentwood Council sold Childerditch Industrial Park, acquired in 2021, to boost the local economy.
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They bought it back in February of 2021. The council considered it a key property, and selling aligns with their asset plan. They want to make the most money for taxpayers. Joiner Cummings helped with the sale and Birketts Chelmsford gave real estate advice. Details about the buyer are still unknown.
Councillor Gareth Barrett spoke about the sale. The buyers will improve the Childerditch site. This will boost the economy and help businesses. The council wants good value for residents, and the sale is a great return. The council invested well in valuable assets.
Barrett said they will manage assets carefully and aim to get value for residents. They also plan to boost local businesses. Councillor Barry Aspinell also commented, stating that they make tough decisions that benefit people and businesses.