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)

The Cabinet Member for Property and Business Services outlined the disposal plans and confirmed that a full consultation had been undertaken with all council services to confirm that this site is not required for use by the Council.

The Part 2 report contained information which was exempt from Access to Information requirements by virtue of paragraph 3 – Information relating to the financial or business affairs of any particular person (including commercially sensitive information to the bidding companies).

RESOLVED:

That, following a marketing exercise, a property no longer considered suited to ongoing service delivery nor capable of generating significant income be disposed of.

Reasons for Decisions

The property is no longer considered suited to ongoing service delivery, nor capable of generating significant income. The capital receipt from the sale will contribute to the funding sources available to the council in support of its delivery of services to its residents.