Council set to take over waste centre
A WASTE recycling centre in Cardiff is set to be taken over by the council.
Cardiff council’s cabinet will next week be asked to approve plans to acquire the Biffa Waste Recycling Centre in Bessemer Close.
The freehold of the land – of around two acres – which adjoins the Household Waste Recycling Centre (HWRC), is already owned by the council but has been let on a 125-year lease since December 1990 at a peppercorn rent.
The council’s tenant sub-let the land to Biffa Waste for 15 years from 2017 with a rental income of £80,000 per year, a council report says.
But now the long leasehold interest for the site is on the market for £1.25m.
The council has made a provisional offer to the long leaseholder, but completion of the sale will depend on whether the cabinet signs it off on Thursday.
A council report says the site would “provide the council with a regular and secure income, and recoup control over a site adjoining the existing HWRC”.
The cabinet will also be asked to approve that the council sells its long leasehold of another site 3-4 Wharton Street – a grade two listed building which houses a shop, The Glassworks pub and a private members’ club.
The council would retain the freehold.