Content

To approve the option agreement and associated
documents for the sale of freehold interest in Nicholson’s
Walk Shopping Centre, Central House and site of former Broadway Car
Park, Maidenhead.

Reasons for the decision

The transaction was approved at Cabinet on 2nd
April 2025 where delegation to negotiate and conclude contracts was
given the Executive Director of Place Services in consultation with
Cabinet Member for Planning, Governance and Asset
Management.

Alternative options considered

Do not proceed with transaction. This would
delay the regeneration of the Nicholsons Centre and surrounding
area.