Cabinet agreed recommendation 1:
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.