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Published 3 months ago

£1m extra: South Kesteven council 'paid far too much' for Stamford development land

Summary by Ground News

South Kesteven District Council has disclosed that it spent over �1 million above the actual value to acquire the land for its St Martin's Park Redevelopment Project on the outskirts of Stamford. Local representatives criticised the project as a 'blunder' The 14.7-hectare site on Branack Road was originally valued at only €6.2 million.

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£1m extra: South Kesteven council 'paid far too much' for Stamford development land

SKDC purchased the land for more than £1 million its real value

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