Disposal of Surplus Assets Phase 2
23/10/2026 - Disposal of Surplus Assets Phase 2
1. that the Director of Finance be authorised to dispose of the freehold interest of the land and buildings listed in Appendix 1 to the submitted report on suitably agreed terms, adopting the most appropriate methods of disposal, to be determined by the Strategic Head of Asset Management, following an adequate period of marketing on each individual asset; and
2. that 20% of the sale proceeds from assets that achieve over £100k, and 100% of proceeds from assets that achieve a value of less than £100k, is allocated to the Council’s Capital Repair Fund (to improve the condition of retained assets).
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