EDDC Cabinet commits to £10 million plus relocation with no Knowle buyer confirmed

East Devon District Council are being advised to go ahead with their relocation from Sidmouth, despite not having a buyer for their current Knowle HQ.

The council decided to relocate its headquarters in March 2015 to new offices in Honiton and Exmouth and to finance the move, East Devon District Council had agreed to sell its Knowle headquarters to Pegasus Life Ltd for £7.5m.

The cabinet were recommended to approve the ‘go now’ option at the meeting, and voted in favour of that recommendation. Full council will make a decision at their next meeting. …”

http://www.devonlive.com/eddc-cabinet-live/story-30252167-detail/story.html