Decision Maker: Joint Strategic Director Housing Communities and Environment
Decision status: Recommendations Approved
Is Key decision?: No
Is subject to call in?: No
Recommendation to sell the remaining 50%
shares to the lessee and to transfer the freehold
The Council refused the Lessee’s offer
to purchase the property back, and in order for the lessee to be
able to sell the property on the open market, they have applied to
purchase the remaining shares and the freehold reversion in
accordance with the terms of their lease.
The lessee’s have a right to purchase
the freehold reversion under the terms of their lease
N/A
Scheme of Delegation to Officers 24 July
2024
Paragraph 2.3.4 To dispose of land and buildings, whether
leasehold, freehold or shared ownership held in the Housing Revenue
Account: (1) up to 0.2 hectares in area and which is less than
£200k in value or, (2) where the council is statutorily
obliged to dispose in accordance with relevant legislation.
(a) the Council to receive best consideration (b) the purchaser
must pay all the Council’s costs in relation to the sale (c)
all consents being received
Publication date: 28/10/2024
Date of decision: 28/10/2024