Purpose

Secretary of State approval is required for
the disposal of a residential ownership which is subject to a
statutory tenancy. B&NES are the freehold owners of a two bed
detached house which is surplus to the Corporate Estate and will be
seeking approval from the Secretary of State to undertake a
disposal.

Decision

To delegate authority to the Head of Corporate Estate &
Development to submit an application to the Secretary of State for
approval to dispose of the asset.

Reasons for the decision

The asset is surplus to council requirements and carries a
financial liability due to the requirement to undertake structural
and essential annual mechanical and electrical repairs.
 
The asset is on the Corporate Estate’s disposals list
as part of the programme to
rationalise surplus property holdings
and generate capital receipts.
 
To undertake a disposal Secretary of State approval is
required.

Alternative options considered

Consideration was given to retaining the asset
as part of the disposals process.