Decision details

Sale of Commercial Unit at Waterside Park, Bracknell

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Proposed sale of Unit C Waterside Park

Decisions:

RESOLVED that authority is given to the Assistant Director: Property to sell Unit C to the Bracknell Islamic Cultural Society at market value.

Reasons for the decision:

i.      A bid has been received for over £400,000 on Unit C and sales above this level is an Executive decision.

 

ii.     A disposal will remove any liabilities for future repairs, refurbishment and void costs.

 

iii.    To provide the Council with a capital receipt.

 

iv.   To establish a social and religious centre for the Islamic community.

 

Alternative options considered:

Assistance has been provided to BICS in exploring opportunities for an Islamic centre on Council owned and privately-owned property.  No alternative properties owned by the Council have been identified as being suitable for BICS.  BICS have looked at a number of sites including a vacant office building on the market for over £2m and a former church site.  However, all options have been found to be unviable.

Interests and Nature of Interests Declared:

None

Reason Key: Expenditure > £400,000;

Wards Affected: Binfield with Warfield;

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 report

Consultees

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

Contact: Steve Booth, Head of Strategic 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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