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.