Issue - meetings

Ramsgate Football Club has occupied the site for over 70 years, providing services to the community, and specifically encouraging children to play sport. The property was occupied under the terms of a lease by the Football Club. Current rent to the council was minimal, at £1,500 per annum. 

The council commissioned an independent valuation of the premises. The current market value is £250,000. The preferred and recommended option was to dispose of the property via freehold transfer to the owners of Ramsgate FC at £265,000 with an overage provision of 50% on any uplift in value following a change of use, and a restriction on the use of the land, limiting it to uses as a football club and associated purposes only. 

Councillor Everitt spoke under Council Procedure 20.1. 

Councillor Pugh proposed, Councillor David Saunders seconded and Cabinet agreed the following: 

The preferred and recommended options is to dispose of the property via freehold  transfer to the owners of Ramsgate FC at £265,000 with an overage provision of 50% on  any uplift in value following a change of use, and a restriction on the use of the land,  limiting it to uses as a football club and associated purposes only. 

However, it will be expressly stated in the legal documentation that TDC will not give consent to the sale of the land for any other use or purposes within 5 years of the sale.