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Please reply to: |
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Contact: |
Christeen Abee |
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Service: |
Committee Services |
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Direct Line: |
01784 446224 |
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E-mail: |
c.abee@spelthorne.gov.uk |
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Date: |
30 April 2026 |
Notice of meeting
Commercial Assets Sub-Committee
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Date:
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Monday, 11 May 2026 |
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Time:
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2.30 pm |
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Place:
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Council Chamber, Knowle Green, Staines-upon-Thames TW18 1XB |
To the members of the Commercial Assets Sub-Committee
Councillors:
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L. E. Nichols (Chair) S.N. Beatty (Vice-Chair)
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R. Chandler D. Saliagopoulos
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H.R.D. Williams M. Bunney
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Substitute Members: Councillors |
T. Burrell, M. Gibson and M.M. Attewell |
Councillors are reminded that the Gifts and Hospitality Declaration book will be available outside the meeting room for you to record any gifts or hospitality offered to you since the last Committee meeting.
Agenda
Page nos.
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1. |
Apologies for absence & substitutions
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To receive any apologies for non-attendance and details of Member substitutions.
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2. |
Minutes
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5 - 12 |
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To confirm as a correct record the minutes of the meeting held on 16 March 2026.
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3. |
Disclosure of Interest
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To receive any disclosures of interest from members in accordance with the Members’ Code of Conduct.
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4. |
Questions from members of the Public
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The Chair, or his nominee, to answer any questions raised by members of the public in accordance with Standing Order 40.
At the time of publication of this agenda no questions were received.
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5. |
Urgent Actions
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To consider any urgent action that have arisen since last meeting.
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6. |
Forward Plan
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13 - 14 |
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To note the Forward Plan for future Commercial Assets Sub-Committee business.
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7. |
Exclusion of Public and Press (Exempt Business)
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To move the exclusion of the Press/Public for the following items, in view of the likely disclosure of exempt information within the meaning of Part 1 of Schedule 12A to the Local Government Act 1972, as amended by the Local Government (Access to Information) Act 1985 and by the Local Government (Access to information) (Variation) Order 2006.
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8. |
Presentation from Appointed Advisors of Asset Rationalisation Programme
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Verbal Report |
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The Sub-Committee will receive a presentation from the appointed advisors of the Asset Rationalisation Programme.
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9. |
Investment Assets Valuation 31 March 2026
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15 - 22 |
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The Sub-Committee is asked to acknowledge the investment asset valuations as at 31 March 2026 for inclusion within the Council’s Statement of Accounts.
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10. |
Commercial Portfolio Update
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To receive an update on properties within the Commercial portfolio.
This update contains exempt information within the meaning of Part 1 of Schedule 12A to the Local Government Act 1972, as amended by the Local Government (Access to Information) Act 1985 and by the Local Government (Access to Information) (Variation) Order 2006 Paragraph 3 – Information relating to the financial or business affairs of any particular person (including the authority holding that information) and in all the circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information because, disclosure to the public would prejudice the financial position of the authority in any contract or other type of negotiation with a prospective purchaser who could then know the position of the Council.
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