Bootle – Controversial property speculation by Sefton Council takes £5m hit

Bootle New Strand shopping centre

I’ve blogged about the hugely controversial purchase of the Strand Shopping Centre in Bootle by Sefton Council in 2018 previously. I’ve also questioned the role of our local Borough Council dabbling in the oh so volatile property market. Click on the article below, from Hannah Gee, for more detail:-

Sadly my fears, based on the valuation mentioned above, make this highly questionable purchase look like the poor deal for council tax payers of the Borough that I thought it could well turn out to be.

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