Brentwood Council has confirmed the sale of the Childerditch Industrial Park, a 42.75-acre site bought in 2021, which did not meet the needs for a new council depot. The decision to sell is part of the council's strategic asset management strategy aimed at maximizing returns for taxpayers. The new buyers are expected to enhance economic growth and job opportunities. Council leaders emphasize the importance of careful asset management and making decisions that benefit local businesses and residents, representing a successful investment return within four years of their acquisition.
This sale will secure investment in the Childerditch site as the new buyers are in a position to take forward plans that will strengthen economic growth, job opportunities, and deliver a sustainable future for existing and new businesses.
Our priority in managing our local assets is delivering value for money for our residents. This transaction represents a strong investment return to Brentwood Borough Council in under four years.
#brentwood-council #childerditch-industrial-park #economic-growth #asset-management #local-business-initiatives
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