Andrea James

Disposal of land at Baltic Wharf Caravan Club to Goram Homes

From: Audit Committee - Tuesday, 29th July, 2025 2.00 pm - July 29, 2025

Cabinet decision on 4 September 2018 “Creation of the Housing Company” authorised the Executive Director of Growth and Regeneration in consultation with the Cabinet Member for Housing and the Service Director of Finance to approve the transfer of land at Romney House, Lockleaze and the Baltic Wharf Caravan Club site to the Housing Trading Company (Goram Homes Limited) on terms to be agreed. The Baltic Wharf Site benefits from a detailed planning permission (ref 21/01331/F) for the ‘Erection of residential dwellings, commercial floorspace, integrated car and bicycle parking, refuse storage, landscaping and associated infrastructure and services’. The proposed development consists of 6 blocks, delivering 166 dwellings including 40% affordable homes for social rent and shared ownership. In 2024 the Council was awarded Brownfield Land Release Fund grant of £2,441,957 towards the scheme. On 24 December 2024 the Council entered into an option agreement in advance of this land contract. The option runs for an initial period of 12 months or the date the parties enter the land contract (whichever is the later). The subsequent land contract will ensure all key contractual terms and safeguards for the Council with the value demonstrating best consideration. The Baltic Wharf Site forms part of the harbour estate. The statutory harbour authority are in the process of obtaining a new Harbour Revision Order which went out to consultation, with the consultation period having expired on 11th June 2025. No objections were received in response to the consultation. This disposal includes 98 sqm of adjoining Harbour Authority land which comprises the hedge on the northern boundary. The sale contract is in an agreed form and this ODN is therefore to confirm that the Executive Director has exercised the delegated authority to complete the sale of the site.

Recommendations Approved