Times
All the news that matters
Local, National and International
OF TUNBRIDGE WELLS
Budget supermarket is now offering a cash incentive to find it a new store
UR E ER YO E AP FR L P CA LO
Wednesday July 6 | 2022
Auctioneers Since 1929
Experience is Everything. And We Have Lots.
RETAILER Aldi is offering a finder’s fee to anybody who can help it find a location for a second store in Tunbridge Wells. Full story page 3.
Parking fees to rise and assets sold as Council tackles £2.6million deficit By Victoria Roberts THE Council in Tunbridge Wells is planning to sell off a range of unused assets and hike its parking and waste charges as it faces a £2.6million annual shortfall in funding. It is estimated that unless something is done now, Tunbridge Wells Borough Council (TWBC) will find itself without enough money to fund the services it provides to residents in just four years. New Lib Dem Finance chief for the cross-party ‘Borough Partnership’ at TWBC, Cllr Andrew Hickey, said inflation, pandemic costs and the ‘trail winds of austerity’ had left a central government funding gap of £8billion for local authorities across the UK. Due to high costs in the region and historic decisions about priorities for spending, this funding gap in Tunbridge Wells now stands at £2.6million a year –
a figure that is only set to rise – Cllr Hickey said. “The top and bottom of it is that we have been left with a pretty significant deficit by the previous administration and it runs up to in the order of £20million in aggregate over the next five years.”
‘Mount Pleasant Avenue Car Park and the Great Hall Car Park, both near to Calverley Grounds, are to go up for sale’ He continued: “We feel we need to act to safeguard the finances as a matter of urgency. We would have waited for the budget to be done – which is normally around February next year – but we kind
of feel that’s a bit too late.” As part of a move to raise much-needed cash, several assets identified as being surplus to the Council’s requirements have been earmarked for sale. The first proposed sell offs include the site of the former Gateway in Grosvenor Road. The centre has now moved inside the Amelia on Monson Road. Mount Pleasant Avenue Car Park and the Great Hall Car Park are also to go up for sale, as is Council owned land in Warwick Park that is currently used by the town’s rifle club. When sold, the sites are likely to be redeveloped for residential or commercial properties. These asset sales are to take place right away and eventually help bring TWBC’s working capital back up to around
Continued on page 2
Gorringe’s
Grosvenor House Grosvenor Park Tunbridge Wells Kent TN1 2BF 01892 556860
clientservices@ gorringes.co.uk
gorringes.co.uk See our Latest Collectables