Sale of a converted dwelling house at 1a-1d Greenhill Park, Harlesden, NW10 9AE to First Wave Housing.

May 19, 2025 Cabinet (Cabinet collective) Key decision Approved View on council website

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Summary

...to approve the sale of a converted dwelling house at 1a-1d Greenhill Park, Harlesden, NW10 9AE to First Wave Housing Ltd for £1.45m, with First Wave Housing covering refurbishment costs.

Full council record
Purpose

Approval of the sale of a converted dwelling
house at 1a-1d Greenhill Park, Harlesden, NW10 9AE to First Wave
Housing.

Content

Cabinet RESOLVED:
 
(1)       
To approve the sale by the Council of a converted dwelling house at
1a-1d Greenhill
Park, Harlesden, NW10 9AE to First Wave Housing Ltd.
 
(2)       
To note that the purchase had been approved by First Wave Housing
Ltd Board who were willing to proceed at the valuation price of
£1.45m and would cover the costs of refurbishment following
acquisition.
 
(3)       
To note that Brent Legal would deal with the sale and the purchase
of the Property and there would be separate lawyers acting for the
Council and for First Wave Housing Ltd (subject to the Board of
First Wave Housing approving the arrangement). Brent Legal would
also deal with the funding and loan documents regarding the loan of
£1.45m by the council to First Wave Housing Ltd.
 
Eligible for call-in: Yes
 
Deadline for submission of call-in: 6pm on
Tuesday 27 May 25

Related Meeting

Cabinet - Monday 19 May 2025 10.00 am on May 19, 2025

Supporting Documents

13. Sale of 1a-d Greenhill Park.pdf

Details

OutcomeRecommendations Approved
Decision date19 May 2025
Subject to call-inYes