Decision details

Disposal of 19 Spa Road, Bermondsey, SE16

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

To approve the sale of surplus property

Decisions:

RESOLVED:

 

1.  That agreement be given to the disposal of 19 Spa Road (‘The Property’) on the principal terms set out in the closed version of the report.

 

2.  That the head of property be authorised to agree any variations to the terms that may be necessary to achieve the disposal in the light of further negotiations and securing full planning consent.

 

3.  That in the unlikely event that this proposed disposal does not proceed to exchange, the head of property be authorised to agree the terms of a sale with any one of the under bidders set out in the report or any other third party, provided that these terms conform with the council’s legal obligation to achieve the best consideration reasonably obtainable.

Report author: Eleanor Kelly

Publication date: 21/07/2011

Date of decision: 19/07/2011

Decided at meeting: 19/07/2011 - Cabinet

Effective from: 29/07/2011

Accompanying Documents: