Agenda

Commercial Assets Sub-Committee - Monday, 11 May 2026 2.30 pm

Venue: Council Chamber, Knowle Green, Staines-upon-Thames TW18 1XB

Contact: Christeen Abee  Email: c.abee@spelthorne.gov.uk

Media

Items
No. Item

1.

Apologies for absence & substitutions

To receive any apologies for non-attendance and details of Member substitutions.

2.

Minutes pdf icon PDF 113 KB

To confirm as a correct record the minutes of the meeting held on 16 March 2026.

Additional documents:

3.

Disclosure of Interest

To receive any disclosures of interest from members in accordance with the Members’ Code of Conduct.

4.

Questions from members of the Public

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.

5.

Urgent Actions

To consider any urgent action that have arisen since last meeting.

6.

Forward Plan pdf icon PDF 16 KB

To note the Forward Plan for future Commercial Assets Sub-Committee business.

7.

Exclusion of Public and Press (Exempt Business)

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.

8.

Presentation from Appointed Advisors of Asset Rationalisation Programme

The Sub-Committee will receive a presentation from the appointed advisors of the Asset Rationalisation Programme.

9.

Investment Assets Valuation 31 March 2026

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.

10.

Commercial Portfolio Update

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.