Decision details
Request for Sale of Property – Harmans Water
PDF 109 KBDecision Maker: Executive
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
Purpose:
To recommend that an offer from the tenant of
51a Ripplesmere to purchase the property from the Council is
considered by the Executive.
Decisions:
RESOLVED that the sale of 50a Ripplesmere to Dr K Rijal for the sum of £280,000 be approved.
Reasons for the decision:
To sell the property in order to make a capital receipt to support the Council’s budget plans.
This property is a single unit, it is not part of a parade and the offer is substantially above the open market value. This provides an opportunity for the Council to maximise its return at this time.
Alternative options considered:
Retain the property and continue with the current tenancy arrangement.
Interests and Nature of Interests Declared:
None
Wards Affected: Harmans Water;
Financial Impact: To be incorporated into the report.
Declarations: None
Subject to Urgent Proceedings: No
Making Representations: In writing to the Director of Corporate Services.
Other reasons / organisations consulted
Asset Management Group
Consultees
Asset Management Group attendees
Contact: Steve Booth, Head of Strategic Property Email: steve.booth@bracknell-forest.gov.uk Tel: 01344 352479.
Report author: Steve Booth
Publication date: 17/11/2015
Date of decision: 17/11/2015
Decided at meeting: 17/11/2015 - Executive
Effective from: 26/11/2015