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The Council's Property Portfolio

 

 

 

 

 

 

 

         

The Council owned Post Office and Park Street Properties, the Market Street Shops, and the Community Centre

The town derives substantial benefit from the rental income for the properties it owns. It is almost unique for a town of its size in having a property portfolio of this significance. The properties owned by the Council are:-

  • The Town Hall, a listed building of major historic significance. Within the Town Hall is a small leased shop, currently vacant
  • 2 Market Street – formerly a Hardware Shop but currently vacant
  • 4 Market Street – a jewellery and interior design shop, "Mayburys"
  • 2 Park Street – Woodstock’s Post Office
  • 4 Park Street – a private residence
  • 6 Park Street – An Interior Design Shop, "Well Spotted"
  • 8 Park Street – a private residence
  • The Community Centre in New Road, which includes individually commercially rented rooms.
  • A garage in Rectory Lane which is currently in the process of being sold

The capital value of these assets are estimated to be in the region of £5.3 million pounds.

The town council has a duty to ensure good value to the ratepayers in the town but, within these clear audit responsibilities, it seeks to encourage a diversity of retail services from its commercial properties.

The net financial benefit varies from year to year depending on maintenance and improvement costs, but is typically in the order of £50,000. Some of this income is held in capital reserves for future maintenance.

Our Town Hall is licensed for weddings and other registrations and the net income from these sources in the last full financial year was over£6000.  Weddings are a popular enterprise for the Town Council and generate business and publicity for the town. Our income from other Town Hall and Community Centre bookings is in excess of £27,000

The Woodstock Community Centre

 

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News Links           

WODC letter re. weather 2 Mar 2010

WTC response to WODC's recent bad weather response

WTC response to OCC's recent bad weather response

OCC Cabinet Response to dealing with the Snow and Ice

Woodstock in Bloom wins Gold

Woodstock at 900 Historical Note

 

 

Woodstock Town Council, Town Clerk, Lorraine Watling, Town Hall, Market Square, Woodstock, Oxfordshire, OX20 1SL
E:
info@woodstock-tc.gov.uk  T: 01993 811216 F: 01993 811571