Decision details

To approve recommendations for purchase and sale of assets and terms of leases

(over £1m – Cabinet decision, under £1m – Cabinet Member decision,

in consultation with the Leader)

Part 2

·      The disposal of Perry Hill Lodge, Worplesdon be approved on the basis set out in paragraph 1 of the report submitted, subject to exchange of papers taking place by 31 December 2013, with completion taking place on 31 March 2014 or earlier on not less than 10 working days notice from the buyer.

·      Should completion not take place within the required timeframe, the Chief Property Officer, be authorised to take the actions set out in paragraph 19 of the report submitted in consultation with the Cabinet Member for Assets and Regeneration Programmes and S151 Officer.

Reasons for Decisions:

To ensure best value is obtained for the disposal of a property no longer required for service reasons, to reduce the cost of managing an empty property and to maximise potential receipts without additional risk.

[The decisions on this item were taken under Special Urgency procedures as they could not be reasonable deferred and come into immediate effect]