Brighton Mayors Number plate sold! | Personalised Registration Plates
A historic number plate is to be sold – after an offer was accepted for just over half the asking price.
For 110 years, CD1 has marked the arrival of the mayor of Brighton (and now Hove).
But Brighton and Hove City Council believed it should be sold, with the proceeds going towards helping community and voluntary groups in the area.
After going on the market for £165,000 and remaining unsold for months, the council has now confirmed it has accepted an £85,000 offer.
The buyer is a local businessman who wishes to remain anonymous.
Council leader Jason Kitcat said: “An offer has been accepted on the number plate CD1.
“The agreed price was £85,000 and we are currently in the process of completing the sale.
“Taking into account the agent’s fee of 2.5%, the council will receive £82,875.”
The proposal was approved as part of the council’s budget meeting in 2012.
Coun Kitcat added the local authority had managed to negotiate the agent’s fee down from 5% to 2.5%.
The plate was the first registration number issued by Brighton Borough Council in 1904.
When the issue was discussed by the local authority, Coun Kitcat called the plate “just a piece of plastic”.
Conservative councillor Lynda Hyde said: “The Greens have no respect at all for Brighton’s heritage.
“While it is a significant amount of money, once the plate has gone, we will never get it back.”
(story courtesy of The Angus)