Purpose

Unilateral approach from owner of garages.
Freehold sale to generate capital receipt, remove maintenance and
management costs, subject to RICS Red Book valuation and
overage.

Decision

Freehold Sale, subject to RICS Red Book
valuation , sale to include overage clause.

Alternative options considered

Option 1 - Hold
Option 2 - Freehold Sale
Option 3 -