Disposals of Multiple HGR Residential Properties
September 23, 2025 Approved View on council websiteFull council record
Content
The Cabinet Member for
Property, Waste and Infrastructure:
1.
Approved the sale of 2 Swanworth Cottages, Swanworth Lane,
Mickleham, RH5 6ES to the party, at the price and subject to
the conditions, noted in the part 2 report. The sale was
conditional upon the simultaneous surrender of the headlease held
over the asset by HGR which had been agreed by the HGR Board.
2.
Approved the sale of 38 Little Woodcote Estate, Wallington SM6
0SH to the party, at the price and subject to the
conditions, noted in the part 2 report. The sale was conditional
upon the simultaneous surrender of the headlease held over the
asset by HGR which had been agreed by the HGR Board
3.
Approved the sale of 2 Hookwood Cottages, Reigate Road, Horley,
RH6 0AY to the party, at the price and subject to the
conditions, noted in the part 2 report. The sale was conditional
upon the simultaneous surrender of the headlease held over the
asset by HGR which had been agreed by the HGR Board.
4.
Approved the HGR premiums for the surrender of its interest from
the gross receipts and noted there was debt aligned to these
assets, with parties bearing their own costs and appointments of
their own professional team.
5.
Delegated authority to the Deputy Chief Executive and Executive
Director of Resources (s151 Officer) in consultation with the
Director of Land and Property to finalise the transactions and
enter into all associated legal agreements.
Related Meeting
Cabinet Member for Property, Waste and Infrastructure Decisions - Tuesday, 23 September 2025 11.30 am on September 23, 2025
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 23 Sep 2025 |
| Subject to call-in | Yes |