Agenda item

Asset Management - Disposals

Minutes:

The Council used its property assets for a range of purposes including direct delivery of services, revenue generation and supporting corporate plan objectives. The current general fund portfolio was diverse and was reviewed regularly in relation to ensuring the property holding continued to provide the best output for the council.

Councillor Bayford spoke under Council Procedure Rule 24.1.

Councillor Everitt proposed, Councillor Nicholson seconded and Cabinet agreed to the sites contained in Table 1 below as being surplus and authorise the estates team to progress through the disposal framework.

Table 1

Annex Number	Asset Number	Site	Proposal
1	455/1-1	4c York Street, Ramsgate	Dispose of freehold for capital receipt.
2	402/1-1	Bell Meadow St Nicholas-at-Wade	Dispose of freehold for the benefit of the community
3	No asset no	Princes Road Store Ramsgate	Dispose of freehold for capital receipt.
4	1808/1-2	Leigh Road Security hut and adj land Ramsgate	Dispose of freehold for capital receipt
5	317/3-1	Land at Steven Court, Ramsgate	Leased for many years to the residents of Steven Court who use as garden land, disposal freehold subject to charge to remain as garden land.
6	388/2- various	York Gate House, Broadstairs and Broadstairs Pavillion	Disposal of freehold for capital receipt.
7	59/1-1	Land at Covell’s Row Margate	Disposal of freehold for capital receipt
8	12/5-2	Former promenade toilets adj to Seaview Terrace Margate	Disposal of freehold for capital receipt
9	No asset no.	Land at Clarenden Road Margate	Disposal of freehold for capital receipt.

Supporting documents: