Departmental Buildings

Treasury written question – answered on 14th January 2010.

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Photo of Sarah Teather Sarah Teather Shadow Minister (Communities and Local Government) (Housing and Planning)

To ask the Chancellor of the Exchequer what the (a) area and (b) estimated value is of (i) vacant and (ii) occupied office space (A) owned and (B) rented by his Department.

Photo of Stephen Timms Stephen Timms Parliamentary Under-Secretary (Department for Business, Innovation and Skills) (Digital Britain) (also HM Treasury), Financial Secretary (HM Treasury) (also in the Department for Business, Innovation and Skills)

There is currently 282.79 m(2) Net Internal Areas (NIA) of vacant space and 22,942.76 m(2) (NIA) of occupied space within 1 Horse Guards road. This building is managed under a PFI contract where the freehold reverts to the Crown at the end of the term. Valuation of land and buildings is set cut in the Annual Report and Accounts 2008-09 (HC 611). Vacant space is not separately valued.

There is currently no vacant space within 6,574.30 m(2) of occupied, rented space at Rosebery Court in Norwich. Leasehold premises are not valued.

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