Agenda item

The Committee is asked to consider the report that is going to the Corporate Policy and Resources Committee on 08 September 2026 for them to make a decision on the disposal of Elmbrook House and 17 Station Road, Sunbury.

This item was discussed before Item 8, “Commercial Portfolio Update.”

The Chair read a statement from the Sub-Committee’s Independent Member which endorsed the officer recommendation.

The Sub-Committee noted the offers received and explored the reasons the preferred bidder was recommended. The sale price was interrogated with reference to site-specific characteristics. The Sub-Committee noted that two buildings were included in the sale, and discussed the options for the development of the site.

It was proposed by Cllr Beatty, seconded by Cllr Nichols and resolved to exclude public and press for part of the discussion of this item and for the remainder of the agenda in accordance with paragraph 3 of part 1 of Schedule 12A of the Local Government 1972 (as amended) because it was likely to disclose information relating to the financial or business affairs of any particular person (including the authority holding that information) and in all circumstances of the case, the public interest in maintaining the exemption outweighs the public interest in disclosing the information because the disclosure to the public would prejudice the financial position of the authority in being able to undertake even handed negotiations and finalising acceptable contract terms.

The Chair advised he would provide a note summarising the committee’s considerations and questions to the Corporate Policy and Resources Committee ahead of their consideration of the report (attached).