That the TDA Director of Asset Management, Investment and Housing, in consultation with the Interim Chief Executive, be authorised to dispose of the freehold interest of land area 2,178 sq. m adjacent to Broomhill Way, Torquay.

The proposed purchaser is considered a special purchaser due to his freehold ownership of the land adjacent.  The agreed purchase price reflects this, coupled with the anticipated use of the site. Consequently terms of disposal for this land in isolation are unlikely to be bettered by an advertising campaign on the open market.

The Council is under no obligation to dispose of the land.  The land could be retained by the Council for anticipated future use of Nightingale Park in its entirety albeit this has not been defined.  The land in question does not produce any income currently and being on the periphery of Nightingale Park has become overgrown.

This decision will come into force and may be implemented on 12 October 2020 unless the call-in procedure is triggered (as set out in the Standing Orders in relation to Overview and Scrutiny).

It is proposed the Council dispose of the freehold interest of land area c. 2,178 sq. m on Nightingale Park adjacent to Broomhill Way, Torquay.

This property on disposal will provide a capital receipt to help supplement the Council’s capital programme. It will also reduce the Council’s liability of further maintenance spending.

Councillor Long proposed and Councillor Morey seconded a motion that was agreed unanimously by the Cabinet, as set out above.

None.