Care homes to be sold to pay off council debt
Care homes, plots of land and a swimming pool, owned by Bradford Council are being auctioned later this month as part of an agreement to avoid the council’s bankruptcy, The Telegraph & Argus has reported.
The council has also requested “exceptional financial support” from the government to balance its budget.
Assets for sale include the former Valley View House care home, which was recently closed by the council, and has a guide price of £950,000. If all of the properties up for auction meet their guide price, the council will raise £2.66 million
A Bradford Council spokesperson said: “The disposal of these assets are part of the council’s asset disposal programme to achieve financial sustainability. There will be further disposals during the next two years.”