EXEMPT - SALE OF INDUSTRIAL LAND

July 7, 2025 Cabinet (Cabinet collective) Awaiting outcome View on council website
Full council record
Content

The Chair of the
Corporate Performance Panel has given agreement that this decision
could be considered without being advertised on the Forward
Decision List for the full 28 days and a General Exceptions Notice
had been published.
 
RESOLVED:
 
Cabinet
Resolves:
1 To sell the land
identified in the report for £575,000 plus VAT.
2 To delegate
authority to the Assistant Director Property and Projects to
finalise all terms of the proposed disposal.
3 To authorise
Legal Services Manager to complete all necessary sale documentation
in respect of the site.
 
Reason for Decision
 
The site was
recognised as surplus following an asset review in 2007, and the
capital receipt will support the Council’s budget. Officers
have validated through independent valuation that the sale price
meets best consideration.

Details

Decision date7 Jul 2025