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Surrey to sell off property in Epsom and elsewhere to fill budget gaps

Beechcroft Nursery Ewell

Surrey County Council is looking to bank a major cash boost by selling off a string of properties sitting idle across the county. The money is earmarked to help plug budget pressures and support future investment in council services.

Cabinet members gave officers the green light to pursue the sale of six unused council sites at a meeting on November 25. Cabinet papers show the deals are expected to generate significant capital receipts, while saving taxpayers thousands more in ongoing security and maintenance costs. The detailed sale values were kept behind closed doors in restricted documents due to commercial sensitivity.

The properties, spread across Staines, Ewell, Tongham, Wallington, and Mickleham, include former social care and nursery buildings, vacant houses, and small plots of land. The sales follow open marketing campaigns and recommended offers from prospective buyers.

Properties up for sale include:

  • 33 Rookery Road, Staines: Former supported living houses, now demolished, being marketed for residential redevelopment.
  • Former Fairways Day Centre, Staines: A large, partially vacant building in a flood zone that the council said would be costly to maintain.
  • Beechcroft Nursery, Ewell: An empty house and three acres of scrubland, with 11 bids received from developers.
  • Land west of Oxenden Court, Tongham: Small 0.03-hectare plot with access and contamination issues.
  • 42 Little Woodcote Estate, Wallington: 3-bed house previously leased to Halsey Garton Residential Ltd, now vacant. Sale includes surrender of the lease.
  • 2 Pressforward Cottages, Mickleham: Terraced 3-bed house with a leasehold to be surrendered before sale.

Together the properties have been vacant and unused for months, in some cases years, leaving the council to pick up costs for business rates, insurance and preventing vandalism. By selling them, the authority says it will cut those losses and funnel the money into frontline priorities: ensuring the stable provision of services for Surrey county council and the future unitary authorities.

Officials stress that legal checks, including anti-money-laundering safeguards, will be completed before any contracts are signed. Cabinet is also being asked to give senior directors delegated authority to finalise the deals swiftly, avoiding developer drop-out and market risk.

Decisions on the disposals will be made at upcoming Cabinet meetings, with the detailed sale values kept behind closed doors for now due to commercial sensitivity.

Emily Dalton LDRS

Image: Beechcroft Nursery Reigate Road Ewell Epsom – Google maps


Surrey consults on next year’s budget

Surrey Budget graphic from Surrey County Coucil Youtube video

Surrey County Council has opened a public consultation on its draft budget for 2026/27, asking residents across the county to comment on proposals ahead of final decisions next year. Each year the council sets out how it will fund essential local services including adult social care, children’s services, special educational needs provision, highways, libraries, public health programmes, fire and rescue, and environmental maintenance. The authority says the coming year presents one of its most difficult financial challenges for over a decade due to the government’s Fair Funding Review, which will reduce Surrey’s central government grant and increase reliance on council tax and other locally-raised income. At present, the council reports a provisional £21.3 million funding gap for 2026/27.

The Fair Funding Review is a long-anticipated national reform intended to change how Whitehall allocates money to local authorities. Early modelling indicates that areas with strong tax bases such as Surrey will see reduced relative need-based funding, while more deprived areas gain. Surrey has already seen its core government grant fall dramatically over the past decade. According to publicly available Local Government Finance Settlement figures, Surrey’s Revenue Support Grant dropped from over £130 million in 2010 to effectively £0 in recent years, leaving the council heavily dependent on council tax, which already accounts for around 74% of its income. Rising inflation, growth in demand for adult social care and special educational needs services, and ongoing cost pressures linked to contract inflation and staffing shortages have compounded these challenges.

Councillor Tim Oliver, Leader of Surrey County Council, said Surrey was “facing one of the most challenging financial periods in its history”. He added that the government’s new funding approach “has a direct impact on the services we provide”, stressing that protecting the most critical functions remains the priority, including support for vulnerable adults, children, and families and the infrastructure that keeps the county moving. He noted that this is the final budget to be set before Surrey’s existing county structure is dissolved and replaced with two new unitary authorities, East Surrey Council and West Surrey Council, from April 2027 following the government’s recent decision on local government reorganisation.

Surrey County Council has pointed to its past record of setting balanced budgets in contrast to several authorities nationally that have issued Section 114 “bankruptcy” notices in recent years, including Northamptonshire, Croydon, Slough, Woking and Birmingham. However, the council’s financial resilience has been tested. The county faces one of the largest high-needs deficits for special educational needs in the South East.

Councillor David Lewis, Cabinet Member for Finance and Resources, said that reduced government support combined with rising costs means the authority must “plan even more carefully to ensure support reaches those who need it most”. Adult social care, children’s services, and SEND support together account for close to two-thirds of the council’s entire net budget. He acknowledged that residents also value “visible services” such as road maintenance, libraries, and community spaces, emphasising the importance of public feedback in prioritising investment.

The draft budget consultation will shape the final budget papers to be published in January 2026 and submitted to Full Council in February. Residents can view the proposals online and submit comments until 11.59pm on Sunday 4 January 2026.

Sam Jones – Reporter

Image: Surrey Budget graphic from Surrey County Council Youtube video

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Need to sell Council property spelt out for Spelthorne

Spelthorne Borough Council offices in Knowle Green, Staines. Credit: Emily Coady-Stemp

Spelthorne Borough Council has been warned it must sell off its commercial property empire fast or risk losing tens of millions of pounds and plunging even deeper into financial crisis. The financially-stricken authority agreed on November 17 to overhaul the way it repays its £1.1bn debt, adopt a new debt-repayment policy ordered by government commissioners, and start a rapid sell-off of its investment portfolio.

If the council delivers the plan on time, it could strengthen its budget by around £37m over the next decade, thanks largely to a £361m discount for repaying long-term Public Works Loan Board debt early. But the window to the cash in is narrow. Council officers say that slipping just six months behind schedule would slash the benefit to £12m, and a 25 per cent drop in sales prices could wipe out around 60 per cent of expected gains. The message from senior officials was blunt: delays are dangerous.

The warning triggered fierce rows in the chamber. Conservative councillors argued members still lacked key information and should not be rushed into decisions with such huge consequences. Cllr Margaret Attewell said the analysis so far was “all interpretation and it is not right”, calling for more advice before committing to the strategy.

But others insisted hesitation would be reckless. Cllr Howard Williams said rejecting the new repayment policy would be “the most irresponsible thing this council could do”, warning that commissioners could seize control and force a fire sale if Spelthorne failed to act.

Tory members remained unconvinced. “I don’t see how Spelthorne residents are going to be the winner in this,” said Cllr Sinead Mooney. “Why rush this through now?” Cllr Karen Howkins added that councillors had once believed their previous investment decisions were sound and could not be certain history wouldn’t repeat itself.

Behind the political clash lies a collapsing property empire. The council bought £1.077bn of commercial buildings over several years; they’re now valued at just £552m. Selling them is essential to meet government demands, but the council must still prove it is getting “best value” for every disposal.

The financial strain will be felt quickly. The amount Spelthorne must set aside for debt repayments, its Minimum Revenue Provision, will jump to £59m next year before slowly dropping to £9m over the next decade.

With stakes this high, the council plans to hire external property specialists to handle valuations, marketing and negotiations, admitting its in-house team is far too small to manage such a vast sale programme.

What this all means for residents is still unclear, but councillors warned cuts and higher council tax are almost inevitable. “We’ve looked purely at the financial side,” said Cllr Paul Woodward. “We have no idea what impact on our residents this is going to be.”

Emily Dalton LDRS

Image: Spelthorne Borough Council offices in Knowle Green, Staines. Credit: Emily Coady-Stemp

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Spelthorne in financial trouble


Epsom and Ewell Borough Council to stay put awaiting its demise

Old Town Hall and 70 East Street for sale.

Epsom and Ewell Borough Council’s Strategy and Resources Committee has formally abandoned the plan to relocate the Town Hall to East Street, voting on 11 November to remain in the existing building until Local Government Reorganisation in 2027. The meeting also agreed to recommend a 3% staff pay award for 2026/27 and to support adoption of the Real Living Wage.

The decisions reverse the direction taken in earlier years which saw the Council identify 70 East Street as the future civic office site, a plan covered previously by the Epsom and Ewell Times. The East Street building will now instead be declared surplus and placed on the market.

Town Hall stays put

Members unanimously approved Option 1, an approach which keeps both the New and Old Town Hall buildings in use with only legally-required and essential health and safety works carried out. Officers advised that the council must now implement recommendations from the building’s fire risk assessment, previously deferred when a move to East Street was expected.

The work will cost £431,000, with a total capital provision of up to £517,200 once contingency is included. A further deferred-liabilities fund could be needed if ageing equipment fails during the next two to three years.

With Local Government Reorganisation due by April 2027, the report said investing more heavily in a short-term location would offer poor value. Options involving the Old Town Hall’s closure or bringing the decommissioned second floor of the New Town Hall back into service were judged significantly more expensive.

Sale of 70 East Street

Under a later agenda item, the Committee agreed that 70 East Street should be declared surplus to operational requirements and prepared for sale with a budget of up to £10,000 for marketing and upfront costs.

This effectively ends the former civic office relocation project. Surrey County Council’s departure from the second floor of the New Town Hall, the worsening condition of parts of the estate, and the uncertainties of a possible unitary-authority future all contributed to the reassessment.

Staff pay award: 3% recommended

The Committee unanimously backed recommending a 3% pay increase for 2026/27, alongside granting all staff an extra day of annual leave. Officers reminded councillors that the September CPI stood at 3.8% and that around 18% of staff at the top of their pay scales would not receive incremental rises.

Members also supported adopting the Real Living Wage from April 2026. The financial impact, estimated between £35,000 and £68,000 depending on next year’s National Living Wage, will be built into the Council’s Medium Term Financial Strategy.

Coley raises concerns over transparency and financial risk

During the public session, Cllr Alex Coley (Independent Ruxley) spoke to highlight his continuing concerns about the handling of major financial decisions, particularly those arising from Local Government Reorganisation. He noted that asset-transfer discussions risked obliging future parish-level bodies to take responsibility for community facilities without councillors being given the information they needed about long-term maintenance liabilities.

He told the Committee he had attempted several times to obtain estimated maintenance costs and values for potential transfer assets and warned of “blank cheques with unknown risks and liabilities” that could fall on residents through an uncapped parish precept.

Cllr Coley thanked the Section 151 Officer for constructive engagement on reserve reviews but cautioned colleagues not to proceed with decisions without full supporting data.

His remarks contributed to a wider discussion later in the meeting, after the press and public were excluded, on the Council’s strategic priorities and preparation for possible reorganisation.

Funding pressures still ahead

Officers confirmed that the 3% pay award would increase the projected 2026/27 budget deficit to around £2 million, with work continuing to close the gap before the February Full Council budget.

Councillors approved all recommendations put before them on the evening.

Sam Jones – Reporter

Related reports

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Residents sigh of relief if Government bail out bankrupt Woking

Woking Victoria Square Towers (View From North)

The government’s whopping £500m bailout for debt-ridden Woking Borough Council may not be the last. The cash injection, announced as part of Surrey’s local government reorganisation on October 28, will cover roughly a quarter of Woking’s debt. But ministers have described it as only the “first tranche” of support. Surrey County Council leader Tim Oliver said commissioners appointed to oversee Woking’s finances are still selling off property assets to reduce the total debt and the government has left the door open to further payments.

“They’ve called it a first tranche. So this is £500 million now to get on with selling down the assets, reducing the debt as much as you can, and then we’ll have a conversation about that balance,” he told the Local Democracy Reporting Service. “The expectation is that whatever the rump of the debt remains, the government will pick it up.”

Woking’s debts, which peaked around £2bn, stem from a series of risky property investments that left the council effectively bankrupt. The government’s intervention prevents the shortfall from being passed on to other Surrey residents, something Cllr Oliver said ministers have been “very clear” would not happen. “It’s nobody’s fault, least of all residents’, but they were at risk of being penalised just for living in the wrong place,” the council leader said. “We worked hard to make sure that didn’t happen.”

He added that securing government support for Woking’s debt was a collective effort between Surrey’s council leaders and MPs. Cllr Oliver added that ministers were keen to stress Woking’s situation was “exceptional” to prevent other indebted councils seeking similar bailouts. Although Woking council may be able to breathe a slight sigh of relief with the government’s handout, residents are still left wondering what will happen with the rest of the debt across Surrey.

Cllr Oliver said the coming months would be focused on “getting the detail right” and ensuring that the reorganisation delivers simpler, stronger local government. “It’s great to get a decision, but now the hard work starts,” he said. “We’ll make sure this works for residents and that the government honours its commitment to clearing Woking’s debt.”

The announcement came alongside confirmation that Surrey will be split into two new unitary councils, replacing the current county and district system by 2027. While more than half of those who responded to the public consultation backed a three-way split, ministers said the two-unitary model was “more likely to be financially sustainable”. Local government minister Alison McGovern said the decision “does not set any precedent” for other areas, but acknowledged Surrey’s “unique financial context”: a hint that more support could still be needed. The Ministry of Housing, Communities & Local Government have been asked for comment.

Emily Dalton LDRS

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Image: Woking Victoria Square Towers (View From North)


Dorking’s “behemouth” of a “black hole”

Dorking Halls (image Google)

The “behemoth” that is Dorking Halls has been labelled a “black hole” that sucks in all resources around it after an additional £3.34million in maintenance work was approved.

The new money comes on top of the originally agreed £11.2m the refurbishment project was expected to cost after delays and lead paint saw the bills spiral.

The work has been labelled as essential by those who see the building as a Dorking icon that must be preserved for future generations. Critics have accused Mole Valley District Council of treating the public purse like ‘Monopoly’ money.

The decision was made at the October full council meeting where the second stage of the project was signed off and confirmed Dorking Halls would again close, this time from April 2026 through until early December.

Councillor Nick Wright, cabinet member for leisure and community assets, said: “Dorking Halls is the largest publicly owned performance venue anywhere in east Surrey.

“Dorking Halls typically gets about 180,000 visitors, there are over 60,000 registered customers of which only about half live in Mole Valley.

“Of the Mole Valley residents, approximately one third have postal codes in Dorking itself, 26 per cent from Leatherhead and the north of the district, and about 40 per cent from rural areas. So the Halls really do serve the entire Mole Valley community.

“But it’s not just Mole Valley, with its 900 seated grand hall plus two other halls, two cafe bars and a conference room, this is the largest performance venue anywhere in Surrey and it’s owned by us, the public. This iconic building should and must be cherished and preserved for future generations.

“It’s old, it’s built in 1931, but it has national significance as a venue for classical and choral music and now embraces everything from rock pop musicals, theatre pantomime, comedy lectures, to cinema and circus.”

The building came into public ownership in 1947 and had its first big upgrade and expansion in the 1990s when much of the current tech was installed.

He added: “But after 30 years of continuous daily use, it was showing its age, breakdowns were occurring and running costs increased.” The council had originally approved £11.2million of spending across the two phases; the first was completed late last year in time for the Christmas panto season.

Costs leapt when lead paint was found in the building and needed to be removed – so the council has had to top up the pot with an additional £3.34m this time around. The phase one work concentrated on replacing the ceiling of the grand hall which was failing but the discovery of the toxic paint made the entire project more complex.

This time the council will upgrade the Halls heating cooling, air-conditioning and electrical systems – as well as the technical infrastructure inside the grand hall – bringing it up to modern standards. Council said the extra costs of phase one, together with three years of inflationary pressures has meant a further £3.34 million is needed to finish the job.

The money also includes a one-off “unavoidable growth” of £584,000 to cover the loss of earnings during the Halls’ closure. Cllr Wright said: “Without phase two this building would run the risk of falling into disrepair”.

Cllr Chris Hunt (Independent: Ashtead Lanes and Common), said was one of the first to speak out against the added costs. He said: “This isn’t fair on council tax payers. Nobody is saying it’s a bad building. I was arguing that the scheme should be built quicker. The administration said ‘no slow it down’, they have got to be responsible to this overspend, this monopoly (money) approach to council tax.”

Cllr Patricia Wiltshire (Independent: Ashtead Lanes and Common) said: “This is a massive, massive, overspend and there are people in Mole Valley who are desperately resentful of all these resources going into this one building. Every time we ask for something, little things we get told ‘there’s no money’, or ‘the budgets are too tight’.

“Yet here we are with this behemoth of a building, like a black hole absorbing the resources going into it. It’s a nice venue, it’s useful, people enjoy themselves, but don’t kid yourself that every single person in Mole Valley enjoys it or uses it. It’s a relatively small number in comparison to the whole population.

She added that the burden should fall on those who use Dorking Halls instead and that, if you want to go to the theatre you should pay without expecting everyone else to cover the cost.

Defending the project however was Cllr Stephen Cooksey (Liberal Democrats : Dorking South). He said: “It’s a big chunk of money but if we don’t spend it we could lose Dorking Halls.”

Chris Caulfield LDRS

Image: Dorking Halls – Google.

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Epsom and Ewell Borough Council reveals scale of vacancies and agency costs

Epsom and Ewell Borough Council town hall. (Credit: Emily Dalton/ LDRS)

Epsom and Ewell Borough Council is currently carrying 56 vacant posts, according to figures released under the Freedom of Information Act. The disclosure sheds light on the staffing challenges facing the Borough at a time when discussions continue over local government reorganisation (LGR) across Surrey.

The Council confirmed that five senior officers have left since April 2022, with all but two of those positions permanently replaced. Two roles were deleted as part of an internal reorganisation.

Despite the vacancies, the Council reported no “vacancy savings” for the current financial year. In previous years, however, unfilled posts generated savings of £286,000 in 2023/24 and £340,000 in 2022/23.

EEBC’s expenditure on agency, consultant and temporary staff remains significant, totalling £1.47 million so far in 2024/25, following £1.76 million in 2023/24 and £1.89 million in 2022/23.

The figures show that Operational Services consistently account for the largest share of agency spending — around £985,000 this year — followed by Property Management (£181,000) and Venues (£130,000). Other notable areas of spending include Community Services, Environmental Health, Finance and HR.

No senior management posts are currently filled by consultants or agency staff. The Council also said it holds no internal reports identifying recruitment difficulties or pressures linked to potential LGR changes, and no shared service arrangements have been entered into as a result of staffing shortages.

While EEBC stated it aims to operate “as an open, transparent authority”, the figures highlight the extent to which local authorities are relying on temporary staffing amid wider uncertainty over Surrey’s local government future.

Sam Jones – Reporter


Surrey gets a sinking feeling over cost of its holes

Lloyd Allen, Infrastructure Team Manager for Surrey County Council, on Godstone high street. (Credit: Surrey County Council).

Has Surrey become Britain’s sinkhole capital? Well, the figures certainly point in that direction.

Surrey County Council is on track to spend a staggering £1.6m fixing the collapsed 65ft hole in a section of Godstone High Street – a bill that dwarfs what most local authorities spend on sinkholes.

Figures obtained through Freedom of Information (FOI) requests show councils across the UK have spent more than £6.2m tackling over 7,000 sinkholes since 2020. But Surrey alone accounts for almost half of that total, shelling out over £3.1m making it by far the country’s biggest spender.

The Godstone collapse, which first appeared in February, has left the part of the High Street shut for months and businesses struggling.

Surrey County Council has already spent £850,000 on emergency responses, surveys, roadworks and consultancy fees, including £360,000 on just site establishment.

Another £800,000 is forecast for stabilisation work, filling in the mine tunnels, and further repairs – taking the final bill to £1.65m. This will amount to just over a quarter of the total UK bill on sinkholes for the last five years.

What is driving the cost?

The British Geological Society has stated that Surrey is particularly prone to sinkholes due to the underlying sands in the county, which are weakly cemented.

According to council documents, the ground beneath Godstone sits on the Folkestone Sandstone Formation – a weak, sandy foundation that made the area vulnerable to collapse. CCTV images provided under FOI request confirm the collapse was worsened by an old sand mine tunnel running beneath the High Street.

While the council insists the road should reopen by December 16, locals are not holding their breath. Residents have been struggling for months with the road closure, diversions, fall in trade and general feel of chaos. That being said, an official report shown to SurreyLive by the council does state that the project is tracking towards a final inspection date of December 16th.

A Surrey County Council spokesperson said: “This continues to be a highly complex incident involving a number of investigations led by our Highways Officers and other agencies, including specialist teams and utility companies.

“Work is underway to reconstruct the final footpath affected by the collapse and we’re now planning how we stabilise the collapsed area and fill in the tunnel network.

“We are updating local residents and businesses as we progress through each stage of the process and expect the final two residents to be back in their properties by the end of September.

“Once our stabilisation work and the SES works to reconnect and relay the mains through the collapse area are completed, the area will be refilled and repaired permanently. We are currently planning to complete our repairs and reopen the High Street during December.”

A nationwide problem

The Godstone collapse may be dramatic, but it’s part of a wider and growing problem. Since 2020, sinkholes have been recorded everywhere from Reading to Scotland, with councils spending millions to patch them up.

The top spenders after Surrey include Reading (£976,500), East Sussex (£767,238) and Transport Scotland (£602,000). If you take away the Godstone sinkhole expenditure, Surrey still comes up top with over £2.2m being put towards sinkholes.

Lloyd Allen, Infrastructure Team Manager for Surrey County Council, on Godstone high street. (Credit: Surrey County Council).

Emily Dalton LDRS

Additional reporting from Sam McEvans

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Surrey sink-hole major incident


Epsom reserves vs investment

Epsom and Ewell Borough Council town hall. (Credit: Emily Dalton/ LDRS)

A bid to raid a Epsom and Ewell council’s multi-million pound property reserves to pay for crumbling public buildings has been thrown out by councillors.

Epsom and Ewell Borough councillors blocked a move to dip into a £7m ‘rainy day’ fund to pay for important repairs to community venues.

Opposition councillors argued that money locked away in the ‘property income equalisation’ (PIE) reserve could be better spent fixing leaky roofs, broken boilers and delayed upgrades at places like Bourne Hall, the playhouse and the Harrier Centre.

Cllr Alex Coley (Independent Ruxley) told a Strategy and Resources Committee meeting on September 25: “Why prioritise handing over a well- financed property empire to a new unitary at the cost of the huge burden of deferred works on our crumbling public buildings? Do we want to see our venues sold off or handed over to charitable trusts and then closed soon after because they can’t afford much needed repairs?”

Cllr James Lawrence (LibDem College) backed the call, saying the council’s property income was now more secure and that modestly trimming the reserve could free up £1.5m to plug the gap in the capital budget: “We’ve come out of COVID uncertainty and we’ve got secure rental income.” He argued the council can safely reduce reserves and use the money to fund the projects residents actually need.

But senior councillors and officers pushed back hard, warning that the reserve was vital to protect the council from sudden losses if tenants went bust or properties stood empty. They said cutting it down to £1m would be “reckless” given the risks tied to £64m of commercial property borrowing.

Council leader, Hannah Dalton, (RA SAtoneleigh) said: “You kind of need to take a whole system to view and not just pick bits out.” She explained the council is working through the assets and reserves and will continue to work, keeping members updated.

Cllr Dalton said: “We’re also waiting to see what the fair funding review could mean for Surrey alone. They’re thinking there could be a deficit of 45 million pounds in the county so we’re having to look at everything.”

Cllr Neil Dallen (RA Town) said: “We’re in the unusual position of not staring at bankruptcy like other councils — and that’s because we’ve been prudent. We’ve got reserves to cover things that have gone wrong and things have gone wrong and the reserves have actually been used to satisfy that.”

Council finance chiefs also reminded members that a full review of reserves and council-owned assets is already under way, with results due in November.

The Section 151 officer confirmed that if reserves are found to be “over-prudent”, some money could be released for other priorities, and that selling off struggling assets remained an option.

An attempt to water down the proposal — including disposing of 70 East Street and using the cash to top up building repairs — was also rejected. In the end, councillors voted to “note but take no action” on the motion.

Epsom and Ewell Borough Council town hall. (Credit: Emily Dalton/ LDRS)

Emily Dalton LDRS


Surrey Heath steps up sell-off drive as council debts mount

Cartoon of a mayor as auctioneer

Surrey Heath Borough Council is accelerating the disposal of local assets to reduce its debts, with both car parks and town centre shops now on the block.

At its September executive meeting councillors agreed to sell part of Yorktown car park in Sullivan Road, Camberley. Seventy-three of its 137 bays will go, leaving 64, after officials reported average daily use of only 43 vehicles. The site generates just £9,000 a year – £1.26 per bay per week – and is earmarked for housing in the borough’s local plan. The sale is expected to provide “much-needed capital” before year end.

The same meeting also approved the disposal of a two-storey retail block in Obelisk Way. Despite being fully let to three shops and producing a gross rental income of £45,000, once landlord costs and service charges were taken into account the site posted a net loss of £4,500 last year. Substantial repairs were also looming. Councillors decided the 15,564 sq ft property, which includes eight parking spaces, would be “more valuable sold than retained” and could be converted for mixed residential use.

The council must cut £1.74m from its budget this year and £3.14m overall, alongside reducing interest payments on external debt and making a further £500,000 from service reviews. Cllr Kel Finan-Cooke, portfolio holder for property and economic development, said the financial case for both sales was “compelling”. Conservative deputy leader Cllr Jonny Cope called the Obelisk Way disposal “sensible”.

The sales place Surrey Heath in a wider national picture of local authorities struggling to balance their books. Years of shrinking central government funding, soaring social care costs and inflationary pressures have driven several councils close to collapse. Woking, Birmingham, Thurrock and Croydon have all issued effective bankruptcy notices in recent years, with asset sales and service cuts becoming the default response.

Critics warn that one-off disposals risk stripping town centres of public assets for good, but supporters argue such sales are unavoidable if councils are to stave off financial failure and protect statutory services. For Surrey Heath, further reviews of underperforming sites are expected as the borough seeks to navigate its way through England’s growing local government funding crisis.

Sam Jones – Reporter