To ask the Secretary of State for Business, Innovation and Skills, what proportion of the office space owned or leased by his Department is not in regular use; what the total (a) rental and (b) retail value is of all such office space; and if he will place in the Library a copy of his most recent departmental real estate valuation.
The core Department of Business Innovation and Skills (BIS Core) does not own any freehold office space.
Core BIS has 212.34 square metres of vacant office space in Fleetbank House. This space is currently under negotiation to sub-let which will mean all BIS office space is in regular use. This vacant space represents 0.002% of core BIS total office space.