Decision Maker: Cabinet Member for Corporate Services & Budget
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: Yes
Approval is sought to accept the highest offer for a vacant land site at Upper Mantle Close, Clay Cross, S45 9NU.
That the Cabinet Member:
1. accepts the highest offer received of £630,000 following the Open Marketing process and on the recommended of FHP Ltd the external Commercial Agent;
2. authorises the Director of Corporate Property to negotiate and agree heads of terms for the disposal with the recommended purchaser; and
3. that the Director of Corporate Property to instruct the Director of Legal and Democratic Services to prepare the necessary documentation for the sale to be capitalised.
The Land has been declared surplus to requirements and it will provide a capital receipt.
Publication date: 03/10/2022
Date of decision: 30/09/2022
Effective from: 08/10/2022