Decision details

Disposal of land at Plot 21, Broadway Business Park, Broadgate / Grimshaw Lane, Chadderton [Chadderton Central]

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 the report is to seek approval for the Council to dispose of a long-leasehold interest in a vacant area of land at Broadway Business Park as shown edged red on the attached plan following a competitive tender exercise.

Decision:

RESOLVED - That the Council enter into an agreement with Wantage Investment Limited based on the terms outlined in the tender particulars and outlined in Appendix Three.

Reasons for the decision:

Option 1 - Do nothing.
Option 2 - Accept the highest financial offer.
Option 3 - Accept any of the offers submitted.

Alternative options considered:

Option 1 - Do nothing.
Option 2 - Accept the highest financial offer.

Other reasons / organisations consulted

A briefing setting out details of the offers was considered by the Cabinet Member and Deputy Cabinet Member for Economy and Enterprise along with the Cabinet Member for Finance and Corporate Services on 29 August 2019. Ward Members have also been consulted and similarly support the recommended course of action.

Contact: Mark Prestwich, Development Officer 0161 770 1660, Email: mark.prestwich@oldham.gov.uk Email: Mark.Prestwich@oldham.gov.uk.

Publication date: 16/09/2019

Date of decision: 16/09/2019

Accompanying Documents: