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

Details

Status:
Implemented
Title:
Sale of Site at Corner of Cranby Street and Crawford Street, Alum Rock, Birmingham B8 1JL
Include item on Forward Plan/ Key Decision
No
Reference:
010015/2022
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of 

Strategic Director of Place, Prosperity and Sustainability – Paul Kitson

Director of Council Management – Rebecca Hellard                                         

City Solicitor and Monitoring Officer – Satinder Sahota
Implementation Date (not before meeting on)
Tue 1 Mar 2022
Purpose

This report seeks authority for the sale of the Council owned premises at the Corner of Cranby Street and Crawford Street, Alum Rock, Birmingham B8 1JL to the current tenant.

The subject site has a site area of approximately 1,312 sqm  and is shown edged bold on the attached plan at Appendix 1.

The report seeks authority under the delegated authority in Section E3.2 (xi) of Part E of the Constitution, for the approval of acquisitions and disposals from the Investment Property Portfolio to the Leader and Cabinet Member for Finance and Resources, jointly with Director – Inclusive Growth, City Finance Officer and the City Solicitor (or their delegates) up to a limit of £25m in any one transaction.

The recommendations contained in this and the Exempt Appendix 2 & 3 are fully in line with the Council’s wider ambitions and plans for inclusive growth and financial stability.  The recommendations are in accordance with the Birmingham City Council Plan and Budget 2018-2022 and the Property Strategy.

Options for this land have been fully considered and the sale of the site provides the best outcomes for the city as detailed in the Exempt Appendix 2.
Key Portfolio
Leader
Decision Maker
Cabinet Member and Chief Officer
Chief Officer Decision Maker
Reason For Key Decision
Relevant Documents
Decision Type:
Committee
Decision Maker:
Cabinet Member
Directorate
Inclusive Growth
Other Information
Private Reason
Decision Outcome

On the 1 March 2022, the Cabinet Member of Finance and Resources:

Authorised the Assistant Director of Property to conclude an unconditional sale of the premises at the corner of Cranby Street and Crawford Street, Alum Rock, Birmingham B8 1JL as shown edged bold on attached plan at Appendix 1 and extending to 1,312 sqm.

Noted that the purchaser will pay a contribution towards the Council’s surveyor’s and legal costs, as detailed in Exempt Appendix 2.

Noted that to demonstrate their commitment, the purchaser has agreed to provide a deposit payment of 10% of the purchase price as detailed in Exempt Appendix 2 (which would be deductible in the event of sale completion).

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

THE DEADLINE FOR CALL-IN IS 1600 HOURS ON  4TH MARCH 2022

Is the Decision Maker Aware of the Decision:
No
Is the Head of Services Aware of the Decision:
No
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

Alum Rock

Topics

This Decision does not contain any Topic records

Overview and Scrutiny

Economy and Skills Overview and Scrutiny Committee
Resources Overview and Scrutiny Committee

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

Reports

  1. pdf PIS Board Report - Cranby St & Crawford St Corner - Sale of Freehold to Tenant - V4 (176Kb)
    1. pdf Appendix 1 - Plan - Crawford St & Cranby St Corner (124Kb)
    2. pdf Appendix 3 (Exempt) - Sale Recommendation and Heads of Terms - Nov 21 - Private Report
    3. pdf Appendix 4 - EQUA832 - Sale of site at Corner of Cranby St & Crawford St (766Kb)
    4. pdf Exempt Appendix 2 - Recommendation - Cranby Street & Crawford St Corner - V4 - Private Report

This section displays the history of the Decision.

Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
12
 Page 1 of 2, items 1 to 10 of 13.
01/03/2022 13:04:08Wendy HillBusiness Item Created 
01/03/2022 13:04:08Wendy HillCommittee AddedCabinet Member and Chief Officer
01/03/2022 13:04:40Wendy HillWard AddedAlum Rock
01/03/2022 13:04:52Wendy HillMeeting Added01/03/2022 12:00AM
01/03/2022 13:05:37Wendy HillContacts Edited 
01/03/2022 13:06:08Wendy HillOS Committee AddedEconomy and Skills Overview and Scrutiny Committee
01/03/2022 13:06:08Wendy HillOS Committee AddedResources Overview and Scrutiny Committee
01/03/2022 13:06:53Wendy HillReport AddedDocument ID 205441: PIS Board Report - Cranby St & Crawford St Corner - Sale of Freehold to Tenant - V4
01/03/2022 13:10:28Wendy HillStatus ChangedDecision Proposed [2]
01/03/2022 13:10:59Wendy HillGeneral Details Edited 

Approval/Comments

No history found.