Decision Details

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This section allows you to view the general details of a Decision

Details

Status:
Implemented
Title:
Sale of Plot 1, Small Heath Business Park, Coventry Road, Birmingham, B10 0HJ
Include item on Forward Plan/ Key Decision
Yes
Item Contains Exempt/Private Reports
No
Reference:
013461/2024
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of Strategic Director, Place Prosperity & Sustainability
Implementation Date (not before meeting on)
Thu 24 Oct 2024
Purpose

This report seeks authority for the sale of the Council’s freehold reversionary interest in the Plot 1, Small Heath Business Park, Coventry Road to the long leaseholder.

Key Portfolio
Deputy Leader and Economy & Skills
Decision Maker
Not Applicable
Chief Officer Decision Maker
------ N/A ------
Reason For Key Decision
Relevant Documents
Decision Type:
Committee
Decision Maker:
Cabinet Committee – Property
Directorate
 Place Prosperity & Sustainability
Other Information
Private Reason
Decision Outcome
On the 24 October 2024 Cabinet Committee - Property:-
  1. Authorised the Assistant Director of Investment & Valuation to conclude an unconditional sale of the Council’s freehold interest, to the current tenants on the recommended terms as set out in Exempt Appendix 4 to the report;

  2. Noted the purchasing tenant will meet payment of the Council’s legal and surveyor’s costs, as detailed in Exempt Appendix 4 to the report; and

  3. Authorised the City Solicitor to prepare, negotiate, execute and complete all relevant legal documentation to give effect to the above.

NB: THE DEADLINE FOR CALL IN ENDS ON WEDNESDAY 30 OCTOBER 2024 AT 1600 HOURS.

Is Decision County Wide:
No
Would the recommended decision be contrary to the budget and policy framework:
No
Decision Options:

Additional Information

Reg 10
Reg 11

Decision Criteria

This Decision does not contain any decision criteria records.

Wards

Small Heath

Topics

This Decision does not contain any Topic records

Overview and Scrutiny

Economy, Skills and Culture Overview and Scrutiny Committee

This section allows you to view the reports for the Decision.

Reports

  1. pdf Commissioners - Sale of Plot 1 Small Heath BusinessPark (152Kb)
    1. pdf 2a. Appendix 1 - Site Plan (135Kb)
    2. pdf 2b. Exempt Appendix 2 - Recommendation - Private Report
    3. pdf 2c. Exempt Appendix 3 - Recommendation Report - Private Report
    4. pdf 2d. Exempt Appendix 4 - Heads of Terms - Private Report
    5. pdf 2e. Appendix 5 - Equality Impact Assessment EIA000515 (652Kb)

This section displays the history of the Decision.

Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
1
 Page 1 of 1, items 1 to 10 of 10.
09/10/2024 14:32:33Ghalub Hussain Business Item Created 
09/10/2024 14:32:33Ghalub Hussain Committee AddedCabinet Committee – Property
09/10/2024 14:32:33Ghalub Hussain Meeting Added24/10/2024 3:30PM
09/10/2024 14:33:15Ghalub Hussain Ward AddedSmall Heath
09/10/2024 14:34:12Ghalub Hussain OS Committee AddedEconomy, Skills and Culture Overview and Scrutiny Committee
09/10/2024 14:35:09Ghalub Hussain Status ChangedDecision Scheduled [1]
16/10/2024 14:59:38Errol WilsonReport AddedDocument ID 269630: Commissioners - Sale of Plot 1 Small Heath BusinessPark
18/10/2024 17:38:51Errol WilsonStatus ChangedDecision Proposed [2]
25/10/2024 11:25:43Errol WilsonGeneral Details Edited 
30/10/2024 16:25:07Errol WilsonStatus ChangedImplemented [7]

Approval/Comments

No history found.