Asset Disposal - Retail Parade Disposal

September 17, 2025 Cabinet (Cabinet collective) Key decision Awaiting outcome View on council website

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Summary

...to contribute to the Council's financial recovery, the Cabinet approved the disposal of the Council's long leasehold interest in the ground floor retail units of 14 identified retail parades across Thurrock, subject to existing commercial leases, and delegated authority to finalize terms and proceed with the disposals.

Related Meeting

Cabinet - Wednesday, 17th September, 2025 7.00 pm on September 17, 2025

Supporting Documents

Appendix 1 - Schedule of Assets for Disposal and Location Plan - July 25 Cabinet Report.pdf
Asset Disposal - Retail Parade Disposal.pdf
Appendix 2 - Property Asset Information - July 2025 Cabinet Report.pdf

Details

OutcomeFor Determination
Decision date17 Sep 2025
Effective from30 Sep 2025
Subject to call-inYes