On 19 January 2026, Cabinet
Committee – Property:-
(i) Authorised the Director of Property
& Regeneration to conclude the sale of the Council owned freehold property
at New Aston House and the adjacent former Newtown Swimming, Health and
Wellbeing Centre, Newtown (“the Property”) as shown edged bold black on the attached
Appendix A to the report, and extending to 0.809 hectares (2.0 acres), to the
purchaser as detailed in Exempt Appendix B to the report with an
anti-embarrassment provision to be applied;
(ii) Noted that the purchaser will pay a
contribution towards the Council’s legal costs, as detailed in Exempt Appendix
B to the report;
(iii) Authorised the Director of Property &
Regeneration to revert to the underbidders in the event of a failure to
complete the transaction within the prescribed timeline and conclude a sale to
an underbidder on the best available terms subject to the Council’s duties
under Section 123 of the Local Government Act 1972;
(iv) Authorised the City Solicitor (Monitoring
Officer) 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 FRIDAY 23 JANUARY 2026.