Issue - meetings

Land and Property Transactions - Corporate Landlord

Meeting: 14/11/2017 - Cabinet (Resources) Panel (Item 15)

Land and Property Transactions - Corporate Landlord

[To approve the open market disposal strategy and declare assets surplus to requirements]

Additional documents:

Decision:

1.       That the following assets be declared surplus to requirements:

 

·         1 School Cottage, Marsh Lane

·         2 School Cottage, Marsh Lane

·         Former Windmill Community Centre, Windmill Lane

·         EKTA Centre, Penn Road

·         Former Woden Primary caretaker’s house, 127 Springfield Road

·         The Wergs, Danescourt Road

 

2.       That the disposal of the assets listed via the open market disposal methods of either auction or informal tender upon terms and conditions to be agreed be approved.

Minutes:

Councillor Peter Bilson presented the report on proposals to declare assets surplus to Council requirements, and on the disposal strategy for each asset.  The proposals would generate capital receipts and revenue efficiencies through the reduction in the annual running costs and maintenance spend. Sale of the surplus assets would also provide purchasers with the opportunity to bring the buildings back into beneficial use thereby improving the local community and environment.

Resolved:

1.     That the following assets be declared surplus to requirements:

·         1 School Cottage, Marsh Lane

·         2 School Cottage, Marsh Lane

·         Former Windmill Community Centre, Windmill Lane

·         EKTA Centre, Penn Road

·         Former Woden Primary caretaker’s house, 127 Springfield Road

·         The Wergs, Danescourt Road

 

2.     That the disposal of the assets listed via the open market disposal methods of either auction or informal tender upon terms and conditions to be agreed be approved.