Cash-strapped Oxford City Council is to sell three of its historic city centre properties.

Two of the buildings in the High Street are thought to date from the 15th century and are Grade II listed to protect their appearance.

Experts believe the three properties will fetch more than £1m in total to boost the coffers of the council, which has a deficit of £2.6m and is cutting 75 jobs.

The Government is also putting pressure on the authority to dispose of some of its property or face cuts in its capital funding.

Council leader Corinna Redman said: "We are required to look at our assets and dispose of those which do not bring in a particular amount of money to rectify our current financial situation and satisfy the requirements of the Government."

One of the properties to be sold, 133 High Street, has a frontage measuring just 6ft 6in, making it one of the narrowest buildings in Oxford.

Another, 130a, was built as a house in 1637 by city alderman William Boswell. In the 19th century it was used as a police station and is now the Chiang Mai Kitchen restaurant.

A third, 130, now has a mixture of tenants including clothing and souvenir shop Oxford Campus Stores, the Fabian and Lloyd dental practice and office users.

Oxford Campus Stores is owned by Gordon Moss, who was awarded a five per cent rent rent reduction by a High Court judge in July after arguing that the loss of parking caused by the Oxford Transport Strategy had damaged his other store in Broad Street. Mr Moss said: "I can't see I would be any worse off under a different landlord."

The buildings are part of an £8m portfolio of property and land being reviewed by the council. Some will be sold, while the leases of others are renegotiated.

The list includes The Bear pub in Alfred Street, Oz Bar in Market Street and the Sainsbury's store in Heyford Hill, as well as three other premises in Walton Street and Hythe Bridge Street. Oxford Ice Rink was on the list but has been removed.

The properties are being marketed by Oxford chartered surveyors Marriotts but the shops and businesses will remain the same under the terms of their leases.