Issue - meetings

To approve the disposal of the council’s freehold interest in 161 Denmark Hill, London SE5 8EF.

RESOLVED:

1.  That the disposal of the council’s freehold interest in 161 Denmark Hill, London SE5 8EF(“the Property”), as shown on the plan attached to the report, to the bidder identified and on terms set out in the accompanying closed agenda report, subject to any further negotiations considered necessary by the head of property be approved.

2.  That should the sale not proceed to completion within a reasonable time as determined by the head of property, the Property be offered to the under-bidder or re-offered for sale on the open market and then sold on terms to be approved by the head of property for a consideration not less than market value.