Council sells historic properties to balance books

Olivo restaurant, one of the buildings up for auctionImage source, Google Maps
Image caption,

The buildings have been used as a restaurant, a photography studio and a recreated Victorian classroom

  • Published

A Surrey council will be auctioning "historic" properties in a town centre to help its financial recovery plan.

Guildford Borough Council will be selling properties on Castle Street and Quarry Street in Guildford.

The buildings were most recently used as a restaurant, a photography studio, and a recreated Victorian classroom.

Richard Lucas, lead councillor for finance and property, called the auction a "rare opportunity" to buy buildings "full of character and historical significance" in the town.

Mr Lucas said the decision to sell these properties was taken as part of a routine asset review.

"Income generated will help towards our financial recovery plan," he added.

Savills will be holding the auction on 16 April.

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