To ask the Attorney-General what proportion of the office space owned or leased by the Law Officers' Departments is not in regular use; what the total (a) rental and (b) retail value is of all such unused office space; and if he will place in the Library a copy of his most recent departmental real estate valuation.
The proportion of the office space owned or leased by The Treasury Solicitor's Department (TSol) which is not in regular use comprises 9% of the total estate. The rental value of all unused office space is £248,680.69. The retail value of this unused office space is £12.90 per sq ft. TSol does not own any buildings and therefore has not made any departmental real estate valuation.
The Crown Prosecution Service (CPS) has 18.17% of its owned or leased estate that is not currently in regular use. The total rent value (ex VAT) of the unused space is £2,129,974.74 per annum. In respect of the one freehold property which is unused, Cae Banc, Carmarthen, the Current Indexed Carrying Amount (Net Book Value)—Existing Use, is shown as Land £80,681, Buildings £156,169. The valuation on Cae Banc has been calculated by the CPS following HM Treasury rules and guidelines based on a 2009 independent valuation by DTZ. The unused leasehold premises are not considered to hold any retail value. Rent figures have been provided by DTZ who act as managing agent on the CPS estate.
Most vacant space results from operational changes aimed at reducing the estate and will fall rapidly as leases expired.
The remaining Law Officers' Departments do not own or lease any property which is not in regular use.