Decision details

To approve the terms of the disposal of site A – 5 Nunhead Green, SE15

RESOLVED:

1.  That the disposal of the council’s freehold interest in Site A - 5 Nunhead Green, SE15 3QQ (“the property”), as shown edged black on the plan in Appendix 1 of the report be authorised, to the party on the terms outlined in the closed version of the report. That authority be delegated to the head of property to agree the detailed terms of the transaction and negotiate any other items considered necessary. 

2.  That the disposal of the property to an alternative bidder be authorised should the recommended purchaser not enter into contracts within a reasonable period as long as the transaction continues to represent the best consideration reasonably obtainable.