Decision details

Disposal of Real Estate Assets

Decision Maker: Mayor and Executive Lead for Employment and Regeneration, Finance and Audit

Decision status: Recommendations approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To consider a report proposing the disposal of the following assets which are no longer required by the Council:

The following will be considered at the Council meeting on 25 September 2014

 

1.    2 Fore Street/2 Brewery Lane, Bolton Cross, Brixham (Plan EM2461 B0140)

2.    386 Teignmouth Road, Torquay (Plan EM1076)


The following will be considered at the Council meeting on 30 October 2014

 

1.    Hillrise Playground, Brixham (Plan EM2445 B0361)

2.    Land at Whitstone Road, Paignton (Plan EM2429 P0338 P1082)

3.    Land at corner of Sands Rd, Paignton (Plan EM2429 P0338 P1082)

4.    Land adjoining Davies Avenue (Plan EM2454 P0012)

5.    Land at junction of Dart Avenue & Marldon Avenue, Torquay (Plan EM2426a T3121 T3119)

6.    Land at junction of Dart Avenue & Tamar Avenue, Torquay (Plan EM2426 T3119)

7.    Pendennis Playground 1, Pendennis Rd, Torquay (EM2448)

8.    Land junction at Clennon Lane & Fore Street, Torquay (Plan EM2449 T3109)

9.    Land adjacent no 7 Weaver Court, Torquay (Plan EM2455 T0956)

10. Land at Stentiford Hill – Part, Torquay (Plan EM2456 T0395ZZ)

11. Open land at Sanford Road, Torquay (Plan EM2457 T0240)

12. Land at Pym Close, Torquay (Plan EM2458 T3050)

13. Garth Road, Torquay (Plan EM2459)

 

Decision:

(i)         That the two Assets listed in Appendix 1 of the submitted report be declared no longer required for service delivery and that the Executive Head of Commercial Services be requested to advertise their intended individual disposal in accordance with both the Council’s Community Asset Transfer Policy 2008 and where appropriate Section 123(2A) of the Local Government Act 1972;

 

(ii)        That, subject to any expressions of interest received from the Community and any objections received to any disposal advertised pursuant to s123 of the Local Government Act 1972, the assets listed in Appendix 1 of the submitted report be individually disposed on such terms as are acceptable to the Executive Head of Commercial Services in consultation with the Chief Executive of Torbay Development Agency;  and

 

(iii)       That the Executive Head of Commercial Services in consultation with the Chief Executive of the Torbay Development Agency be delegated authority to consider any objections received on the advertisement of any of the proposed disposals pursuant to s123 of the Local Government Act 1972.

Reasons for the decision:

The disposal of assets not required for service delivery will generate capital receipts to be reinvested in the Council’s existing capital programme which will contribute towards achieving the Council’s objectives. The disposals will also reduce the expenditure and repair liability across the Council’s assets.

Alternative options considered:

Alternative options are set out in the submitted report.

Implementation:

This decision will come into force and may be implemented on 8 October 2014 unless the call-in procedure is triggered (as set out in the Standing Orders in relation to Overview and Scrutiny).

Information:

The submitted report sets out details of two unused assets for disposal which will achieve capital receipts and cost savings. The following assets were considered for disposal which are no longer required by the Council:

 

1. 386 Teignmouth Road, Torquay; and

2. Site at Bolton Cross, Brixham;

 

The Mayor considered the recommendations of the Council made on 25 September 2014 and his decision is set out above.

Interests and Nature of Interests Declared:

None

Publication date: 30/09/2014

Date of decision: 25/09/2014

Effective from: 08/10/2014

Accompanying Documents: