Decision details

Land at Upper Mantle Close, Clay Cross

Decision Maker: Cabinet Member for Corporate Services & Budget

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

Approval is sought to accept the highest offer for a vacant land site at Upper Mantle Close, Clay Cross, S45 9NU.

Decision:

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.

 

Reasons for the decision:

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

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