Friday, 24 June 2011

City gets £3.25m from offices sale (From Oxford Mail)

City gets £3.25m from offices sale (From Oxford Mail)

CASH-strapped Oxford City Council has sold its offices in Blue Boar Street for £3.25m.

It is one of a number of properties put on the market by the council in recent months, including cemetery lodges, stables and even a Victorian public toilet in Headington Hill Park.

The offices in Blue Boar Street were bought jointly by the Universities and Colleges Christian Fellowship and The International Fellowship of Evangelical Students.

As well as providing a boost to its budget, the council says the sale will help reduce costs by almost £175,000 a year.

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