Decision details

The Council’s Corporate Statement for 2019-2023 sets out the direction of travel for the coming years. The assets identified below represent ageing property that require repair and capital investment but, should this be completed, it will not improve the return on income, or fulfil any operational requirements.

Cabinet agreed the following recommendations:

1.  To let the property via a commercial lease, detailed as option 1 in the cabinet report;

2.  To give delegated authority to the Director of Property, in consultation with the Principal Surveyor to market the premises and negotiate Heads of Terms for a lease

and;

3.  To give delegated authority to the Director of Law and Democracy to sign all documents necessary to give effect to the disposal.

Asset considered and decided on approving the recommended way forward.

To retain the assets would not be in line with the asset strategy and medium-term financial strategy.