rentalincome on Somerset Dailyhttps://somersetdaily.co.uk/tags/rentalincome/Recent content in rentalincome on Somerset DailyHugo -- gohugo.ioen-usMon, 06 Jul 2026 05:00:00 +0000Somerset Council Faces Over £91 Million Loss on Commercial Property Investmentshttps://somersetdaily.co.uk/somerset-council-faces-over-91-million-loss-on-commercial-property-investments/Mon, 06 Jul 2026 05:00:00 +0000https://somersetdaily.co.uk/somerset-council-faces-over-91-million-loss-on-commercial-property-investments/Somerset Council has revealed losses exceeding £91 million on its inherited commercial property investments, with further declines anticipated as the council continues to divest assets. Since its establishment in April 2023, the council has been actively selling surplus land and commercial properties originally acquired by the former district councils. By government mandate, proceeds from these sales can temporarily fund front-line services—a relaxation of usual rules that will expire after April 2027.