Written question asked by Jeffrey M Donaldson (Ulster Unionist Party) on Thursday, 30 January 2003, in the House of Commons. It was due for an answer on Thursday, 6 February 2003. It was answered by Ian Pearson (Labour) on Thursday, 6 February 2003 on behalf of the Northern Ireland Office.

Northern Ireland Office

Question: To ask the Secretary of State for Northern Ireland, what land transactions were concluded between the former IDB and TK-ECC or its predecessors; and what the (a) nature, (b) purpose and (c) amounts involved in such disposals were.

Answer: Mr. Donaldson: To ask the Secretary of State for Northern Ireland what land transactions were concluded between the former IDB and TK-ECC or its predecessors; and what the (a) nature, (b) purpose and (c) amounts involved in such disposals were. [95535] Mr. Pearson: The following land transactions were concluded between the former IDB and TK-European Components Corporation: At Kennedy Way, West Belfast, European Components Corporation had a 21 year factory lease on 78,000 sq ft building within a nine acre land holding from April 1981. The lease terminated in November 1994 when the company moved to its current location at Upper Newtownards Road, Dundonald. At Upper Newtownards Road, Dundonald, European Components Corporation had a 21 year factory lease on a 275,000 sq ft building within a 23 acre land holding from January 1979. The lease terminated in July 1995 when the company purchased the 23 acre site and the factory by freehold for £1,500,000.

Secondary information

Type: Written question
Reference: 95535; 399 c413W;399 c411W
Session: 2002-03
Subjects: Land Industrial development Sales Industrial Development Board for Northern Ireland TK-ECC Dundonald
Link: View this Written question on www.publications.parliament.uk