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Somerset Council Delayed Asset Sales to Avoid Looking Like 'Weak Wildebeest'

Around 60% of the portfolio has been sold, and the council says a slower approach secured better values for taxpayers.

Summary by somersetcountygazette.co.uk
Somerset Council has been selling off its commercial assets since 2023 - but has done so at a slow pace to discourage "cheeky bidders"

3 Articles

somersetcountygazette.co.uksomersetcountygazette.co.uk
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bridgwatermercury.co.ukbridgwatermercury.co.uk
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Somerset Council delayed asset sales to avoid looking like 'weak wildebeest'

Somerset Council has been selling off its commercial assets since 2023 - but has done so at a slow pace to discourage "cheeky bidders"

·Somerset, United Kingdom
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wsfp.co.ukwsfp.co.uk

Troubled council loses millions in assets sell-off, but it could have been worse

TENS of millions of pounds are reported to have been lost by Somerset Council selling off assets as it battled to avoid going bankrupt in the past three years.

·Minehead, United Kingdom
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wsfp.co.uk broke the news in Minehead, United Kingdom on Thursday, June 25, 2026.
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