To approve a Land and Property transaction relating to the Council's asset portfolio.

Councillor Peter Bilson presented the report on a proposal to declare the Beldray Building surplus to the Council’s requirements and to approve the disposal strategy for the asset.  The proposal would generate both capital and revenue efficiencies for the Council.

Resolved:

1.     That following asset be declared surplus to the Council’s requirements:

·         Beldray Building

2.     That disposal of the asset via either informal tender or auction upon terms and conditions to be agreed, be approved.