Asset Disposal - Albion House EXE26-010

January 22, 2026 Executive (Other) Key decision Approved View on council website

This 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

... agreed to sell the freehold of Albion House to the recommended bidder following a competitive open market disposal process, delegating authority to complete the sale.

Full council record
Purpose

To agree an asset sale.

Content

The Executive Resolved

That  (i)   
following a competitive open market disposal process, the property
should be sold freehold to the recommended bidder; and

         
(ii)   authority be delegated to
the Strategic Director – Finance and Resources, in
consultation with the Portfolio Holder and the Strategic Director
– Governance and Corporate Services, to complete the
sale.

Reason: To realise the capital value as part of the
current managed site disposal process.

Related Meeting

Executive - Thursday, 22 January 2026 - 7.00 pm on January 22, 2026

Supporting Documents

EXE26-010 PART I Asset Disposal - Albion House.pdf
EXE26-010 Appendix 1.pdf

Details

OutcomeRecommendations Approved
Decision date22 Jan 2026
Subject to call-inYes