Liverpool news Regeneration charity made £3m profit on new police HQ deal MetiNews.Com

MetiNews.Com - The North Liverpool Regeneration Company has said it will use the money to "leave a legacy"

Liverpool news Regeneration charity made £3m profit on new police HQ deal MetiNews.Com

MetiNews.Com - The North Liverpool Regeneration Company has said it will use the money to "leave a legacy"

Liverpool news  Regeneration charity made £3m profit on new police HQ deal MetiNews.Com
16 May 2021 - 16:27

Breaking News ! A charity made a profit of £3,075,000 when it sold land to Liverpool Council to make way for the new Merseyside Police headquarters. The council paid £3.5m to the North Liverpool Regeneration Company (NLRCO) for land off Scotland Road to make way for the new force headquarters. The Scotland Road location was chosen by the Police and Crime Commissioner's Office (PCCO) over 43 other possible sites across Merseyside as the preferred location for the force's new £48m headquarters. The ECHO can now reveal that NLRCO made a profit of £3,075,000 when it sold land at their Bishop Goss site to Liverpool Council for £3.5m. This land formed part of the site chosen to be the force's new headquarters. A spokesman for NLRCO recently confirmed that they bought the site at Bishop Goss for £125,000 in 1999. A spokesperson said: "NLRCO is committed to leaving a legacy in North Liverpool with the profits resulting from the sale of Bishop Goss and we would also like to thank the professional team who achieved best value on our behalf." A spokesperson for the PCCO said: "The Rose Hill site was offered by Liverpool City Council. The Police Commissioner has only ever paid money to Liverpool City Council for the purchase of the land. Any previous payments for the land are a matter for Liverpool City Council." Liverpool council has declined to say any more beyond the information that has already been made public on the grounds of commercial confidentiality. Details of the money paid by Liverpool Council to NLRCO emerged last year after Liverpool Council responded to a Freedom of Information Act request. The largest sum was a single £3.

. The council paid £2,850,000 for land and property, a £350,000 compensation payment and an agent fee of £35,000. The new Merseyside Police HQ in north Liverpool It also bought a new site for the NLRCO on Mount Pleasant in the city centre, which cost £300,000. The money was paid to NLRCO, a charity focused on the social and economic regeneration of north Liverpool, in the second half of 2018. The ECHO understands that Liverpool council did not use compulsory purchase powers, where tenants are forced to sell to a local authority to make way for important schemes. Jane Kennedy, who was Police and Crime Commissioner for Merseyside at the time, officially named the site as her preferred option in autumn 2016. Last year a spokesperson for the PCCO explained that Merseyside's five local authorities were approached about potential sites for the new police headquarters. The PCCO then looked at 13 sites council owned sites and 31 privately-owned sites across Merseyside. The site off Scotland Road was then identified as the preferred option after an "evaluation matrix" was used to appraise each site. Jane Kennedy Merseyside Police took the decision to move out of their current headquarters at Canning Place after a major review of the force's property in 2014. Ms Kennedy deemed the building as 'no longer fit for purpose' with poor lighting and ventilation. Keep up to date with local news in your area by adding your postcode below: In 2019 Ms Kennedy expressed frustration that the project had been set back due to negotiations with tenants on the site. At the time the council pointed to the hugely complex and time-consuming nature of demolishing the existing building and remediating the land. Receive newsletters with the latest news, sport and what's on updates from the Liverpool ECHO by signing up here However the main steel work was put in place last year and the site is set to be complete later this year.

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Liverpool news Regeneration charity made £3m profit on new police HQ deal MetiNews.Com


Liverpool news Regeneration charity made £3m profit on new police HQ deal MetiNews.Com


Liverpool news Regeneration charity made £3m profit on new police HQ deal MetiNews.Com


Liverpool news Regeneration charity made £3m profit on new police HQ deal MetiNews.Com

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