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Council to boost coffers in farm sale
Western Daily Press
|November 25, 2025
A PUBLICLY-OWNED Somerset farm will be sold off by Somerset Council in a bid to balance its books.
After declaring a financial emergency in November 2023, the council has been carrying out a review of its land, property and other assets, which were inherited from the previous councils in May 2023.
Central government has allowed the council to sell off these assets and use the proceeds from these sales to fund day-to-day services (under a 'capitalisation directive'), with £36.9m of receipts being built into the 2024/25 budget.
The latest asset to be sold off will be East Farm in Lympsham, near Weston-super-Mare, with the council seeking to sell off the farm buildings and part of the land for residential redevelopment.
Denne historien er fra November 25, 2025-utgaven av Western Daily Press.
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