Asset Classification |
Portfolio Classification |
Income producing |
Operational Asset |
Revenue Savings |
Community Use |
Currently tenanted |
Anticipated Disposal |
Comments |
Summit Centre, Sunbury |
Investment |
Y |
Y |
Y |
N |
Y |
2025/26 |
Business Incubator would need to be relocated |
Ashford Victory Place |
Development |
N |
N |
Y |
N |
N |
2025/26 |
Has been marketed for disposal and bids received |
Thameside House, Staines |
Development |
N |
N |
Y |
N |
N |
2025/26 |
Has been marketed for disposal and bids received |
Revelstoke land, Shepperton |
Municipal |
N |
N |
N |
N |
N |
2025/26 |
Vacant land possibly suitable for residential development subject to due diligence around planning concerns ie flooding and green belt designation |
Knowle Green Nursery |
Municipal |
Y |
N |
N |
See comments |
Y |
2025/26 |
This is a commercially run nursery that provides childcare to the local community |
Ashford Multi Storey Car Park |
Development |
N |
N |
N |
N |
N |
2026/27 |
Disposal via FH sale, long lease or joint Venture for residential development once planning obtained |
Kingston Road Car Park (part of Oast House site) |
Development |
Part (Bridge St CP) |
Y |
Y |
N |
Y |
2027/28 |
Timescales to allow a development strategy /use to be agreed and for property values to improve to reduce written off costs |
Waterfront (Bridge Street Car Park & Hanover House) |
Development |
Y |
Y |
Y |
N |
N |
2027/28 |
Site will be more valuable with planning consent for a hotel development |
Knowle Green Council Offices, Staines |
Municipal |
N |
Y |
Y |
N |
N |
2027/28 onwards |
Future use and need to be considered as part of transformation programme |
Laleham Nursery, Laleham |
Municipal |
N |
Y |
Y |
N |
N |
2027/28 onwards |
Future use and operational need to be considered as part of transformation programme. Possible constraints may render not viable for development. Need to consider any legal restrictions on the title as site obtained from SCC. |
Amenity land |
Municipal |
N |
N |
N |
Y |
N |
TBC |
Several pieces of land have been highlighted further work needed to ascertain suitability for sale i.e. as residential development land – due diligence will be needed to understand viability i.e. planning approval, green belt designations etc |
Voluntary Organisation |
Municipal |
N |
N |
Minimal, if any |
Y |
Y |
TBC |
Several sites identified where current occupier may be interested in purchasing |
Car Parks |
Municipal |
Y |
N |
Y |
Y |
N |
TBC |
Potential to dispose where surplus provision |
Allotments |
Municipal |
N |
N |
Y |
Y |
Y |
TBC |
Potential to dispose of non-statutory sites, where surplus provision – identification of sites will be subject to extensive due diligence for a variety of matters including green belt, planning etc. |
Grazing land |
Municipal |
Y |
N |
N |
Y |
Varies |
TBC |
Several pieces of land have been highlighted further work needed to ascertain suitability for sale i.e. as residential development land which will include due diligence around planning, green belt status etc. |
It should be noted sites listed after Waterfront have not had any due diligence undertaken to understand planning, legal or any other restrictions that may prevent development. This is an indicative list, that has been prepared as a starting point of sites to consider and investigate any development potential further. It is anticipated once due diligence is undertaken many of the sites included within this list will be determined as unsuitable for alternative use.