Businessman questions sale and re-purchase of Ryde church | Isle of Wight County Press
A RYDE businessman has slammed the sale and subsequent re-purchase of St Thomas Church as an 'outrageous waste of public money'. St Thomas Church was sold by the Isle of Wight Council three years ago for £75,000 but is now being brought by Ryde Town Council for £200,000. George Cullen believes a better deal should have been negotiated, especially during the tough economic climate and limited interest from other buyers. He said: "I just cannot understand how the church has increased in value by £125,000 in just three years. It represents a total waste of public money." The individ...
Source: countypress.co.uk