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Cash-strapped council could sell £52m new HQ

One Angel Square opened in October last year Photo: ITV Anglia

Northamptonshire county council will meet later to discuss selling off its multimillion pound new headquarters - which it only moved into in October.

One Angel Square was built to save money but now councillors may have to sell it and lease it back to stay afloat.

The proposals, which the council says will help fund social care and other services, will be discussed at a cabinet meeting today.

Under the arrangement the office complex would be sold as freehold with the council leasing it back for a period of 25 years or more.

Credit: ITV Anglia

The authority would also be able to sub-let space within the building to third parties to partially offset rental costs. Council staff working in One Angel Square would continue to do so.

Earlier this month the council was forced to impose emergency spending controls after warning that it faces a "severe financial challenge".

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