Lloyds Bank to put the lease Fleet Leisure centre up for auction
PUBLISHED: 14:01 19 November 2013 | UPDATED: 09:39 20 November 2013
Lloyds Bank will put the lease for Fleet Leisure centre in Northfleet up for auction, against the wishes of Gravesham Council.
The council has condemned what it says is the bank’s sudden decision to take its own legal action to recover money owed by the leisure facility after it went into administration in April.The council believed last week that it had successfully negotiated the return of the 50 year lease with the centre’s administrator.
Council leader Cllr John Burden said: “It is galling that a bank which received billions of pounds of public money in the government bail-out should take a stance which directly hits the community.”
Fleet Leisure, on Nelson Road, owed rent arrears to the council as well as a mortgage with Lloyds.
With a deal expected, the council carried out an inspection of the pitches and changing rooms so football could resume as soon as possible.
However, Lloyds has decided to appoint its own receiver and put the lease up for auction on December 3.
Ian Kitts, of Lloyds, said: “We have a duty to our customer and to our shareholders, which includes the taxpayer, to maximise the value of the asset.”