Decision details

The Assistant Director presented the report and responded to questions and comments from the Cabinet.

RESOLVED:

1. To sell the property/land identified in the report for the best value offer.

2. The Council to sign an unconditional sale contract with completion being before the end of the current financial year.  (actual date to be agreed).

3. That delegated authority is given to the Assistant Director Property and Projects to finalise all terms of the proposed disposal.

4. To authorise Legal Services Manager to complete all necessary sale documentation in respect of the site.

REASON FOR DECISION: The property has been offered on the open market by Brown & Co on a to let or may sell basis since August this year.  Since that time, there has been a total of 5 viewings, reflecting the current economic market scenario and condition of the property.