Decision Maker: Cabinet

Outcome: For Determination

Is Key Decision?: Yes

Is Callable In?: Yes

Date of Decision: October 2, 2024

Purpose: Cabinet to consider the purchase offer for the sale of the ground leases at Reform Road.

Content: That Cabinet noted the report and: i) Approved the sale of the Reform Road Ground Lease Asset(s) for £3.5m. ii) Delegated authority to the Executive Director of Place Services in consultation with the Cabinet Member for Planning, Governance and Asset Management to enter into the contract and complete the sale of the freehold interest of the ground leases asset at Reform Road.