Issue - decisions

Brownhill Visitors Centre, Wool Road, Dobcross, Oldham (L01223)

08/01/2019 - Brownhill Visitors Centre, Wool Road, Dobcross, Oldham (L01223)

RESOLVED - That:
The sale of the freehold to the existing tenant via a private treaty sale. In parallel the asset will be prepared for and entered into an Auction on the basis of the tenant remaining in situ. This is proposed to ensure an agreed time line is worked towards. If the Private treaty sale is concluded before the Auction date, the asset will be sold to the existing tenant
The Council will include a buy back provision at Auction if the tenant vacates and the site is not developed within 3 years so to protect the Councils commercial position.
The authority to agree the private treaty price and auction reserve is to be delegated to the Interim Director of Economy