Issue - meetings

Asset Disposal

Meeting: 21/03/2024 - Executive (Item 12)

12 Asset Disposal EXE24-035 pdf icon PDF 960 KB

Reporting Person – Kevin Foster

Additional documents:

Minutes:

The Executive received a report which sought approval to dispose of the freehold interest in the Westfield Avenue Compound to the preferred bidder once planning consent had been secured for nine houses.  It was noted that the site was in temporary occupation by Woking Football Club as a yard and offices, and that the Football Club had been invited on several occasions to bid for the site.

The Executive was informed that a bid had been accepted in principle subject to Executive approval.  It was noted that the Council bought the land in 1996 and its sale would achieve a capital receipt.

Complexities of the site were highlighted and it was agreed that comments raised regarding privacy and floodlight issues would need to be considered as part of the planning application process.

RESOLVEd

That the Council dispose of the freehold interest in the Westfield Avenue Compound to the preferred bidder once planning consent has been secured for nine houses.

Reason:   The disposal of Westfield Avenue Compound will provide a capital receipt to the Council and will facilitate the redevelopment of this vacant site to deliver houses and improve the local area.