Charity acquires multimillion-pound sports village in Stockport

Malcolm McPhail
A charitable trust and not for profit social enterprise company has taken ownership of a multi-million sports complex. Life Leisure, which manages sports and leisure facilities - including 12 in Stockport - has taken ownership of the Stockport Sports Village (SSV). The trust bought the multi-million pound, 23 acre site, from Woodley Sports Social Club Ltd. The deal is the operating company’s first venture into land ownership and is thought to reflect a rent vs mortgage differential of £14 million for the trust. Life Lei... For the full story register now for free or login below...