COUNCIL workers and councillors will “almost certainly” move out of its £41m headquarters as bosses consider selling it off.

Cllr James Swindlehurst (Lab: Cippenham Green), leader of Slough Borough Council, has previously said they are ‘not ruling anything out’ when selling off up to £600m-worth of the authority’s properties to pay off its debt.

Last year, the council effectively declared bankruptcy and later found it is £760m in borrowing debt and is facing a £479m blackhole in its budgets, requiring the council to ‘downsize’ and make £20m savings every year until 2029.

Commissioners, who were sent in by the government to help out with the council’s recovery, said Slough’s situation is a “very stark picture” and the council will need to sell most of its assets “without exception” as it cannot sell off schools, parks, and infrastructure.

READ MORE: Slough Council to develop A4 cycle superhighway

The council’s headquarters Observatory House in Windsor Road was purchased for £41m with a plan to sub-let two floors of the building to pump additional revenue.

But plans have changed since the bankruptcy notice where the council is reviewing its options for Observatory House as part of the asset disposal programme.

Speaking at the annual full council meeting on Thursday, May 19, Cllr Swindlehurst said it was “almost certain” they will be moving out of the HQ and will find a new home.

“We will almost certainly not be in here. That’s a matter that’s almost given, I think,” he said.

READ MORE: Slough's new mayor and deputy sworn in

However, a decision has not been made yet as they are still deciding whether to sell it or lease the whole building out to businesses.

When the council effectively declared bankruptcy, the Taxpayer’s Alliance compared the Observatory House to a “high-tech company” in Silicon Valley and that is an “expensive” relocation.

A report conducted by Jim Taylor into the council’s governance found the Wifi and phone signal in the HQ did not work effectively.