Decision details

The purpose of this decision is to approve the option for the sale of Council-owned land identified as Option 1 on the attached Plan ‘A’ and a further option for the sale of garden land at no.31 Station Road (identified as Option 2) on the attached Plan ‘B’.

Cabinet approved unanimously

Option1:         the sale of land identified on Plan ‘A’ (access land) for the price of £200,000.  This will include an overage clause to secure a further capital receipt of 50% of the uplift if further development was granted.  Heads of terms to be agreed by the Head of Housing Strategy.

and

Option 2:        the sale of garden land identified on Plan ‘B’ for the price of £5,000 subject to improvements to fencing and car parking for the tenant at no.31 Station Road.  Heads of terms to be agreed by the Head of Housing Strategy.