Decision details

The appropriation of the property from the Housing and Revenue Account to the General Fund is recommended as the property is no longer used for housing purposes. Following on from this disposal of the property is recommended as the property is deemed surplus to the Council’s service needs. The sale will reduce the ongoing revenue cost burden as well as providing a capital receipt.

1. Give authority to appropriate the property from the Housing Revenue Account (HRA) to the General Fund (GF), seeking all necessary consents as required.

2. Declare that the property is surplus to the Council’s requirements.

3. Delegate authority to the Corporate Director of Place, following consultation with the Portfolio Holder for Business, Employment & Property, to market the property, negotiate terms and approve the final terms of the disposal, and to enter into the contract and any associated documentation in connection with the disposal, subject to the sale of being on the basis of best consideration reasonably obtainable.

4. Delegate authority to the Corporate Director of Place, following consultation with the Portfolio Holder for Business, Employment & Property, to procure specialist agent or agents to market the property where required