Cash-strapped council to sell five properties

Property owned by Lincolnshire County Council is being sold for a total for £1.65m in a bid to ease its financial burden.

As reported in the Echo, the county council must find £80m of savings from its £600m budget in each of the next three years.

Lincolnshire is said to be one of the eight worst affected local authorities in England following a major downturn in public sector funding from the 2010/11 financial year and onwards.

The buildings currently being marketed include Gainsborough's district social services office in Trinity Street which has a price tag of £300,000.

Staff based at the building will be moved to offices in the town's Marshall's Yard.

The four other buildings up for sale currently all stand empty with the Waterfront Enterprise Centre in Lea Road, Gainsborough selling for £300,000 and Sessions House in Fountain Lane, Boston, marketed at £250,000.

The Priory in Market Place, Grantham is for sale at £350,000 and the Hopland HIghways Depot in Boston Road, Sleaford, is soon to go on the market at £450,000.

The council has also earmarked four more buildings for sale to raise extra cash.

For more on the sale, see Thursday's Echo.