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Welsh Government purchase of Gilestone Farm A report

On 31 March 2022, the Welsh Government bought the freehold of Gilestone Farm near Talybont-on-Usk, Powys (within the Brecon Beacons National Park), in a private sale, for £4.25 million. Simultaneously, to support its ongoing management of the site, the Welsh Government entered into a short-term lease arrangement with the vendor, at a peppercorn rent, to maintain the property and harvest existing crops. This lease agreement expired on 31 October 2022. At that point, the Welsh Government had not finalised its long-term intentions for the site.

 

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1 On 14 July 2022, Senedd’s Public Accounts and Public Administration Committee (PAPAC) heard evidence from Welsh Government officials about the transaction.

The full report on the link 

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Team @ AberdareOnline

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