Venue: Woodhatch Place, 11 Cockshot Hill, Reigate, Surrey ,RH2 8EF
Contact: Joss Butler Email: joss.butler@surreycc.gov.uk
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DECLARATIONS OF INTEREST
All Members present are required to declare, at this point in the meeting or as soon as possible thereafter
NOTES:
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PROCEDURAL MATTERS
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Members' Questions
The deadline for Members’ questions is 12pm four working days before the meeting (29 May 2024). Additional documents: |
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Public Questions
The deadline for public questions is seven days before the meeting (28 May 2024).
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DISPOSAL OF THE COTTAGE, NORBURY PARK, MICKLEHAM PDF 148 KB
This report seeks approval of the Cabinet Member for Property, Waste and Infrastructure of the freehold disposal of The Cottage, Norbury Park, Mickleham RH5, following an open market campaign. The asset is offered with full vacant possession, with the Council accepting, as requested, a surrender of the current headlease held over the asset by its subsidiary, Halsey Garton Residential Ltd. Additional documents: Decision: The Cabinet Member:
1. Formally declared the asset surplus to operational requirements (in consultation with he Leader and Deputy Leader).
2. Approved the sale of The Cottage, Norbury Park, Mickleham RH5 to the party, at the sale price and subject to the conditions, noted in the Part 2 report. The sale is conditional upon the simultaneous surrender of the headlease held over the asset by Halsey Garton Residential Ltd (HGR) which has been agreed by the HGR Board.
3. Noted HGR will not be seeking any value for their interest from the gross receipt, as there is no debt aligned to this asset but with both parties bearing their own costs and appointments of their own professional team.
4. Delegated authority to the Section 151 officer in consultation with the Director of Land and Property to finalise the transaction, and enter into all associated legal contracts. |
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EXCLUSION OF THE PUBLIC
Recommendation: That under Section 100(A) of the Local Government Act 1972, the public be excluded from the meeting for the following items of business on the grounds that they involve the likely disclosure of exempt information under the relevant paragraphs of Part 1 of Schedule 12A of the Act.
PART TWO – IN PRIVATE
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DISPOSAL OF THE COTTAGE, NORBURY PARK, MICKLEHAM
This Part 2 report contains information which is exempt from Access to Information requirements by virtue of paragraph 3, “Information relating to the financial or business affairs of any particular person (including the authority holding that information. Decision: See exempt minute - E-07-24 |