WARRINGTON Borough Council has confirmed it currently has no plans to acquire another investment property – or to dispose of any of its properties.

The council bought its first investment property in 2016. It currently has 16 in total.

The issue was highlighted in a report to cabinet at its meeting last week.

It said: “Since 2016 the council has acquired 17 investment properties.

“Eleven are in Warrington, the other six in the north west region. The council sold one of these assets in June 2024.

“The properties include distribution and logistics units, supermarkets, offices and industrial buildings and a small proportion of leisure and non-food retail.

“The assets were acquired and are held for income generation and economic growth purposes.”

In the report, it also said all property assets are subject to individual business plans, and exit strategies.

The council has confirmed the first investment property asset was acquired in 2016, and it currently has 16 investment properties in total.

A spokesman said: “There are currently no plans to acquire another investment property asset.

“There are currently no plans to dispose of any investment property assets.”