Decision details

Sale of Land at Winkfield Manor

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The proposed sale of land at Winkfield Manor.

Decision:

 

i.      authority be given to the Assistant Director: Property to arrange the joint marketing of Winkfield Manor, with Silva Homes.

 

ii.     authority be given to the Assistant Director: Property to sell land owned at Winkfield Manor to the highest bidder.

Reasons for the decision:

i.      To dispose of land in order to obtain a capital receipt for the Council.

 

ii.     To support the Council’s objective for the delivery of new homes. 

Alternative options considered:

i.      Provision of accommodation for people with special needs.  Although the site is in a reasonable location for the client group the overall site is too large for the number of units required.

 

ii.     Development of the site under a Joint Venture.  Due to the joint ownership of the site with Silva Homes and the advice from Savills that high value executive housing will maximise the receipt for the site, joint venture is not considered appropriate for the development. 

Interests and Nature of Interests Declared:

None

Reason Key: Expenditure > £400,000;

Wards Affected: Winkfield & Cranbourne;

Financial Impact: Capital receipt

Declarations: None

Subject to Urgent Proceedings: No

Making Representations: In writing to the Executive Director: Delivery

Other reasons / organisations consulted

By meetings

Consultees

Borough Solicitor
Director: Finance
Director: Place, Planning & Regeneration

Contact: Steve Booth, Head of Property Email: steve.booth@bracknell-forest.gov.uk Tel: 01344 352479.

Report author: Steve Booth

Publication date: 18/06/2019

Date of decision: 18/06/2019

Decided at meeting: 18/06/2019 - Executive

Effective from: 26/06/2019

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