Decision
EXEMPT - SALE OF INDUSTRIAL LAND
Decision Maker: Cabinet
Outcome:
Is Key Decision?: No
Is Callable In?: No
Date of Decision: July 7, 2025
Purpose:
Content: The Chair of the Corporate Performance Panel has given agreement that this decision could be considered without being advertised on the Forward Decision List for the full 28 days and a General Exceptions Notice had been published. RESOLVED: Cabinet Resolves: 1 To sell the land identified in the report for £575,000 plus VAT. 2 To delegate authority to the Assistant Director Property and Projects to finalise all terms of the proposed disposal. 3 To authorise Legal Services Manager to complete all necessary sale documentation in respect of the site. Reason for Decision The site was recognised as surplus following an asset review in 2007, and the capital receipt will support the Council’s budget. Officers have validated through independent valuation that the sale price meets best consideration.
Related Meeting
ADDITIONAL MEETING, Cabinet - Monday, 7th July, 2025 6.00 pm on July 7, 2025