Decision details

Asset Disposal - Sheerwater Nursery EXE25-017

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To agree an asset sale.

Decision:

RESOLVED

That  (i)    the site be sold freehold to the recommended purchaser; and

          (ii)   authority be delegated to the Strategic Director - Corporate Resources, in consultation with the Portfolio Holder and the Director of Legal and Democratic Services, to take all necessary steps to implement the decision in resolve i above.

Reason:   To realise the capital value as part of the current managed site disposal process of a site which is non income producing and is surplus to the Council’s current investment and operational property needs.

Reason Key: It is likely to result in the Council incurring significant expenditure or savings.;

Wards Affected: Canalside;

Recommend to Council?: No;

Consultees

Cllr Roberts, Portfolio Holder.

Contact: Mike Sudlow, Strategic Asset Consultant Email: mike.sudlow@woking.gov.uk.

Report author: Mike Sudlow

Publication date: 17/01/2025

Date of decision: 16/01/2025

Decided at meeting: 16/01/2025 - Executive

Effective from: 25/01/2025

Accompanying Documents: