Asset Management Paper -Trowbridge St Stephens Multi-Storey Car Park
October 7, 2025 Cabinet (Cabinet collective) Key decision Approved View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
...to mitigate financial risk and asset liability, enable potential redevelopment, and facilitate the freehold transfer of the Trowbridge St Stephens Multi-Storey Car Park to the adjoining owner of Castle Place Shopping Centre, subject to Full Council approval of funding allocation.
Full council record
Purpose
Paper to consider the future of an asset held
by the Council
Content
Resolved:
That the Part I report be noted and that further
discussion and decision would be taken under Part II of the agenda
with the press and public excluded.
Reason for
decision:
To mitigate the
financial risk and asset liability to the Council and enable the
potential redevelopment of a strategic site in the centre of
Trowbridge.
Related Meeting
Cabinet - Tuesday 7 October 2025 10.00 am on October 7, 2025
Supporting Documents
Details
| Outcome | Recommendations Approved |
| Decision date | 7 Oct 2025 |