Strategy to manage £200m assets to be considered

Meadowbank Football Ground is one of a cluster of Mole Valley District Council assets worth more than £200m

A group of Surrey councillors will be asked to approve a management strategy for land and buildings assets worth more than £200m in the coming weeks.

Mole Valley District Council owns or leases more than 250 assets as of 2023/24, generating £7.4m of income each year that it says is vital to service delivery.

A report set to be considered at scrutiny and cabinet meetings on Tuesday and on 17 June, recommends councillors approve an asset management strategy for the next five years.

Dorking and Leatherhead Leisure centres, Dorking Halls, Pippbrook House, and the Meadowbank Football Ground all feature among the assets.

Part of the strategy centres around making informed decisions to maximise future income potential, whether through targeted investment or potential disposals.

Alongside the financial aspect, the council said the assets were central to its aim of providing green and open spaces across the district.

It said the local economy was also boosted by crowd-drawing assets such as Dorking Halls and Deepdene Trail.

Councillor Keira Vyvyan-Robinson, cabinet member for commercial assets and property, said the effective management of these assets was vital to supporting the "delivery of services that our residents and businesses reply upon".

Follow BBC Surrey on Facebook, on X. Send your story ideas to [e-mail] or WhatsApp us on 08081 002250.