Issue - meetings

Council Land and Property Disposals

Meeting: 13/03/2025 - Business, Infrastructure and Growth Committee (Item 21)

21 Council Land and Property Disposals pdf icon PDF 447 KB

To consider a report on the remarketing of Thameside House.

 

 

Additional documents:

Decision:

The Committee resolved to proceed with the re-marketing of Thameside House offering the unencumbered freehold.

Minutes:

The Committee considered a report regarding the re-marketing of Thameside House offering the unencumbered freehold. The Council had received a number of offers for the site based on permitted conversions, however a freehold unencumbered disposal could increase the best offers and deliverability. The Council would seek to minimise capital loss in disposal of the site.

 

The Committee noted the disposal was for the whole of the site, and that all bidders would have access to building and condition surveys of the building currently on the site. The Committee expressed concern about the bidders providing community value or social benefit, and requested that this be communicated to the bidders as part of the Council’s consideration.  

 

A recorded vote was requested by Councillor Gibson, and the voting was as follows:

 

For (8):

Bateson, Beatty, Beecher, Boughtflower, Clarke, Caplin, Mathur, Williams

Against (0):

 

Abstain (3):

Burrell, Gibson, Mooney

 

 

The Committee resolved to proceed with the re-marketing of Thameside House offering the unencumbered freehold.