Decision details
Clive Street - Asset L01266
Decision Maker: Executive Director for Place & Economic Growth
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Purpose:
The purpose of this report is to confirm that
the subject property is surplus to the Council’s operational
requirements and Officers are authorised to dispose of the property
via auction at the earliest opportunity.
Decision:
RESOLVED - That:
The preferred option / recommendation is to approve OPTION 3.
The sale of the Freehold at Auction. This will include a buy back
provision if the site is not developed within 3 years so to protect
the Councils commercial position. The trees at the front of the
site are to be protected and the verges maintained by the new
owners.
Reasons for the decision:
Option 1 - To retain the site as public open
space.
This option is not recommended for the following reasons:
Retention of the site would result in on-going maintenance /
management and security responsibilities for the Council and also
incur revenue costs.
It would also be contrary to the Council’s continuing
commitment to good Asset Management i.e. to seek wherever possible
to make best use of its land and property assets, which in this
case would be disposal.
Option 2 - The land is sold to the adjoining occupier.
This option is not recommended as the site would not benefit from
being openly marketed and the suggested price is significantly
below the estimated value. As such this option would not fulfil the
Councils best value obligations.
Option 3 - The sale of the Freehold at Auction. This will include a
buy back provision if the site is not developed within 3 years so
to protect the Councils commercial position. The trees at the front
of the site are to be protected and the verges maintained by the
new owners.
Alternative options considered:
Option 1 - To retain the site as public open
space.
This option is not recommended for the following reasons:
Retention of the site would result in on-going maintenance /
management and security responsibilities for the Council and also
incur revenue costs.
It would also be contrary to the Council’s continuing
commitment to good Asset Management i.e. to seek wherever possible
to make best use of its land and property assets, which in this
case would be disposal.
Option 2 - The land is sold to the adjoining occupier.
This option is not recommended as the site would not benefit from
being openly marketed and the suggested price is significantly
below the estimated value. As such this option would not fulfil the
Councils best value obligations.
Other reasons / organisations consulted
Consultation has been undertaken with the
following; Legal, Finance, Ward Councillors, Parks and
Property
Contact: Nikolaj Dockree, Senior Consultant Estates Surveyor Email: nikolaj.dockree@unitypartnership.com.
Publication date: 07/05/2019
Date of decision: 26/02/2019
Accompanying Documents:
- Restricted enclosure View reasons restricted
- Restricted enclosure View reasons restricted