Taxpayers Market Walk has lost £2.38 million off its' value | Chorley Conservative Association Skip to main content
Site logo

Main navigation

  • Home
  • About Us
  • Campaigns
  • Volunteer
  • News
  • Events
  • Surveys
  • Contact
  • Shop
  • facebook
  • twitter
Site logo
Chorley Market Walk Shopping Centre
Chorley Market Walk Shopping Centre
10% fall in value for Labour councils Market Walk shopping centre

in just over three years, the taxpayers Market Walk shopping centre has lost over £2.3 million in value

Taxpayers Market Walk has lost £2.38 million off its' value

  • Tweet
Friday, 10 August, 2018
  • Opinions
Market Walk Chorley

From a freedom of information request submitted by campaigner and armchair auditor Peter Malpas, Chorley Council has revealed that the valuation of Chorley's Market Walk Shopping Centre has fallen by £2.38 million. It was first acquired by Chorley's Labour council in December 2013 for £23.341 million.

The 10% fall in valuation is equivalent to £717,000 each year.

In Peter's request he wrote

"Because, together with other Chorley taxpayers, I am helping to buy the Market Walk Shopping Centre which you bought in 2013/14 on our behalf for £23.341,000, I would like to know the Fair Value of our shopping centre for each of the 3 subsequent years since we purchased it.

Because your annual accounts aggregate the Fair Value of all properties which together we own, it isn't clear what the value of Market Walk was in your latest accounts."

Chorley Borough Council responded

Year       Valuation
2014/15 £22,250,000
2015/16 £22,250,000
2016/17 £20,850,000

Please let us know what you think in our survey

Sign up for more news from Alan Cullens and Chorley Conservatives

Stay informed on this and other local issues.

In which of these ways can you help us?
By agreeing to volunteer for us, you also agree to us contacting you about volunteering. For more information, please see our Data Protection and Privacy Policy

The information you provide is used in accordance with our Data Protection and Privacy Policy. By clicking this button you agree to your information being used in accordance with that policy.

Show only

  • Articles
  • Local News
  • Media
  • National News
  • Opinions
  • Reports
  • Speeches
  • Speeches in Parliament
  • Westminster News

Chorley Conservative Association

Footer

  • About RSS
  • Accessibility
  • Cookies
  • Privacy
  • About Us
  • Get a postal vote
  • Get Involved
  • Join the email newsletter
  • Make a donation
  • Where you live
Donate now
  • facebook
  • twitter
Promoted Peter Malpas on behalf of Chorley Conservatives both of Britannia Buildings, Drumhead Rd, Chorley. PR6 7BX
Copyright 2025 Chorley Conservative Association . All rights reserved.
Powered by Bluetree