Residents in Walton will benefit from the sale of an under-used community centre, enabling a local pharmacy to expand its services.
At a meeting of Peterborough City Council’s Cabinet yesterday (Thursday 2 October) members approved plans to dispose of Walton Community Centre in Mountsteven Avenue.
The move comes as part of the council’s ongoing Localities Assets Review, which commenced last year to determine how it can best to manage its land, buildings and facilities, ensuring that taxpayers’ money is being spent in the most efficient way and that buildings are fit for purpose.
Walton Community Centre will now be sold to the adjacent local pharmacy, offering a unique opportunity for the pharmacy to expand its premises and deliver enhanced services to the community.
Members heard that the venue was previously a popular community asset, providing a space for meetings, classes and social gatherings. However, usage has reduced in recent years, with services being delivered from alternative locations. As a result, the costs of maintenance, utilities, and general upkeep have become disproportionate to the current level of community benefit provided by the building.
Councillor Mohammed Jamil, Cabinet Member for Finance and Corporate Governance, said: “Whilst it’s sad to see the loss of Walton Community Centre, this sale will generate a capital receipt for the council, eliminate ongoing maintenance costs, and result in improved access to primary healthcare for Walton and neighbouring residents.
“Our key aim is that the Localities Review results in sustainable assets that benefit our communities in the long term.”
Members also heard that the transaction will be completed using cash funds as an unconditional sale, representing value for money as it aligns with independent valuation guidance and delivers both capital receipts and revenue savings.
You can read the Cabinet meeting agenda here.