Issue - decisions

Disposal of Occombe Farm and Land laying North of Preston Down Road, Paignton

12/06/2026 - Disposal of Occombe Farm and Land laying North of Preston Down Road, Paignton

1.     That, in accordance with Standing Order D11, in order for the site to be brought back into active use at the earliest opportunity, it is necessary for the decision, to be implemented immediately.  Greendale have indicated its intention to reopen and operate key elements of the site in time for the forthcoming summer season.  Any delay arising from the call?in process would significantly prejudice this timescale and risk the loss of economic, tourism and community benefits associated with the summer period.  In addition the site has been closed since December 2025 and is currently incurring ongoing holding, security and maintenance costs for the Council.  Delaying implementation of the decision would prolong these financial liabilities and defer the receipt of a capital sum above market value, as well as postponing wider regeneration benefits.

 

Accordingly, the Cabinet’s decision is deemed to be urgent.  Therefore, Cabinet determines that Call-in shall be waived as any delay likely to be caused by the call-in process would prejudice the public’s and the Council’s interest.  The Overview and Scrutiny Co-ordinator was consulted on 28 May 2026; and

 

2.     that the Director of Finance in consultation with Cabinet Member for Place Development and Economic Growth be authorised to dispose of the Council’s freehold interest of Occombe Farm and land lying north of Preston Down Road Paignton, (as set out in Appendix 1 to the submitted report), to Greendale SPV 1 Limited for a sum in excess of Market Value (as set out in exempt Appendix 2 to the submitted report) and agree and finalise the detailed transfer process and terms based on Estates and Legal advice, which will include overage provisions.