Freehold Acquisition to support the Council’s priority to increase in-house provision of residential care placements for looked after children by investing in up to 10 new in-house children’s homes over 3 years throughout the County.

January 23, 2025 Service Director Corporate Property and Assets (Other) Awaiting outcome View on council website

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Summary

Service Director Corporate Property and Assets decided on 23/01/2025 to acquire a property at 24 New Road, Stokenchurch, HP14 3RT. This acquisition is to support the council's priority to increase in-house residential care placements for looked after children. The property will be refurbished to a modern agreed standard.

Full council record

Decision

There are confidential appendices to this report, which are exempt by virtue of paragraph 3 of Schedule 12A of Part 1 of Schedule 12a of the Local Government Act 1972 because they contain information relating to the financial or business affairs of any particular person (including the authority holding that information).

In accordance with the Leader Report EC07.24 concerning Phase 2 of the Children’s Home Programme dated 20th December 2024, and pursuant to the delegations contained therein to seek to acquire the sixth of the proposed properties, a 5 Bedroom detached house at 24 New Road, Stokenchurch, HP14 3RT, at market value, and subsequently to be refurbished to a modern agreed standard.

Reasons for the decision

In accordance with the Cabinet Decision.

Alternative options considered

To purchase other alternative properties, not as strategically located.

Details

Decision date23 Jan 2025