Acceptance of offer for freehold sale of 18/18a Upper Borough Walls, Bath

October 19, 2023 Director of Regeneration & Housing (Officer) Approved View on council website
Full council record

Purpose

The appointed Agent undertook a marketing campaign which resulted in offers received .

After discussion with the Agent, their recommendation was to focus only on the top two bids.

Agent recommendation was to seek clarity on the top two bids to make a fully informed decision.

Agents recommendation then to proceed with best offer.



Decision

Proceed with the highest bid recommended by appointed Agent. Proof of finance received and due diligence regarding bid undertaken.

Alternative options considered

Option 1 - Proceed with best offer.
Option 2 - Consider other offers.

Details

OutcomeApproved
Decision date19 Oct 2023