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Council recoups £850k by selling Aberystwyth offices

BBC Published Jun 3, 2010 Reviewed Jul 3, 2026 ✓ Reviewed by citations.press editors
Citation-ready fact
Ceredigion Council raised £847,000 by selling offices in Aberystwyth town centre, exceeding its estimated sale proceeds of £510,000 by £337,000.
847000 GBP · proceeds from sale of Aberystwyth offices510000 GBP · estimated sale proceeds337000 GBP · excess over estimated sale proceeds
Ceredigion Council
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Citation-ready fact
Ceredigion Council transferred workers to the new Canolfan Rheidol office in autumn 2009, consolidating five departments: finance, social services, education, community services, and environmental services and housing, and highways property and works.
5 · number of consolidated departments
Ceredigion Council
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Citation-ready fact
Ceredigion Council moved into a new £15 million building named Canolfan Rheidol in September of the year the article was written (2009).
15000000 GBP · cost of Canolfan Rheidol building
Ceredigion Council
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Citation-ready fact
The Canolfan Rheidol project took nearly 18 months to build and was completed on time and on budget.
about 18 months · construction duration of Canolfan Rheidol
Ceredigion Council
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A council has raised nearly £850,000 by selling some unwanted offices in Aberystwyth, exceeding the estimated sale costs by more than £300,000.

Ceredigion council moved into a new £15m building in the town last September, which meant many of its old offices were no longer required.

Workers were transferred to the new base of Canolfan Rheidol, next door to a Welsh Assembly Government office.

The council estimated the empty buildings would bring in £510,000.

Canolfan Rheidol cost £15m and brought a number of Ceredigion council's departments under one roof after they were located in separate offices in Aberystwyth.

A council spokesman said: "The buildings concerned became surplus to requirements once Ceredigion County Council employees were transferred to the new Canolfan Rheidol office in the autumn of 2009."

He added that £847,000 had been recouped from the sale of the offices in Aberystwyth town centre.

Canolfan Rheidol took nearly 18 months to build, and the council said the project was completed on time and on budget.

The departments of finance, social services, education and community services, environmental services and housing, and highways property and works will be located at the new offices.

There are plans to turn Aberystwyth town hall, which is also owned by Ceredigion council and no longer needed, into a library.

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