Axed East Ham police station sold for £3.4m
PUBLISHED: 09:49 03 September 2018 | UPDATED: 09:55 03 September 2018
An axed police station in Newham which was closed in June 2014 sold for £3.4miliion, it has been revealed.
East Ham police station, in High Street South, has been named in a report that claims the Met sold more than £1 billion worth of property over the past six years, amid claims funding cuts are leading them to “breaking point”.
Scotland Yard crossed the 10-figure mark after netting £41 million in the last financial year, selling off police stations and residential blocks, according to data obtained by the Press Association under Freedom of Information requests.
The Met Police has said that sales mean more resources are “available for effective and accessible policing” and that money would be invested in updating remaining buildings and improving IT services.
Last year, Mayor of London Sadiq Khan closed 38 police station front counters to save £8m per year, and warned Scotland Yard was “running out of options” regarding resources.