Decision

Sale of Asset in Tunbridge Wells - Apartment 18 Grove Hill House

Decision Maker: Cabinet

Outcome: Decision Made

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: June 26, 2025

Purpose: TWBC are disposing of a property asset via the Open Market but formal Council approval will be required to complete the transaction.

Content: RESOLVED –   That the disposal of the asset referred to in this report and the Appendices be approved.   That delegated authority is granted to the Head of Economic Development and Property in consultation with the Director of Finance, Policy and Development, the Monitoring Officer and the Cabinet Member for Finance and Property to negotiate and agree the terms of the disposal be approved.   That the Head of Mid Kent Legal Services is authorised to negotiate and complete all necessary and ancillary legal documentation and formalities to give effect to these recommendations and the disposal of the property be approved.   REASON FOR DECISION: The sale of this property is part of a programme of Asset disposal that would realise a Capital sum for Council funds.  

Supporting Documents

18 GHH - Disposal Report v1206.pdf
Appendix A - 18 Grove Hill House - Sales Particulars.pdf

Related Meeting

Cabinet - Thursday, 26th June, 2025 6.00 pm on June 26, 2025