https://birminghamdaily.co.uk/tags/financialrecovery/Recent content in financialrecovery on Birmingham DailyHugo -- gohugo.ioen-usWed, 22 Jul 2026 05:16:00 +0000https://birminghamdaily.co.uk/birmingham-council-approves-sale-of-building-for-major-landmark-mosque-and-community-complex/Wed, 22 Jul 2026 05:16:00 +0000https://birminghamdaily.co.uk/birmingham-council-approves-sale-of-building-for-major-landmark-mosque-and-community-complex/Birmingham City Council has approved the sale of a two-storey office building in Sparkbrook, known as Mole Street Depot, to a local charitable trust with plans to develop a major landmark mosque and community complex. This move forms part of a broader council effort to improve its financial position following its declaration of effective bankruptcy in September 2023. The council has been actively selling off numerous properties—including former children’s centres, shops, industrial premises, garages, car parks, and a former pub—to generate capital and reduce management costs.