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On 20 April 2021, Cabinet:-
(i) Approved the vacation of 1 Lancaster Circus and the Council House Extension (Margaret Street) within a 12-to-24-month period;
(ii) Noted the intention to develop proposals for the further reduction in the Council’s office estate and optimise sequencing for this programme;
(iii) Noted the intention to consider the Council House Extension (Margaret Street) as part of a wider review of the entire Council House complex with due engagement and consultation with interested parties;
(iv) Declared 1 Lancaster Circus, as shown edged bold on enclosed plan at Appendix 1 to the report, surplus to Council requirements and authorise its subsequent sale of the leasehold;
(v) Noted that in accordance with existing surplus property procedures no internal re-use for 1 Lancaster Circus has been identified;
(vi) Noted that approval of final sale terms will be subject of further reports to Cabinet;
(vii) Authorised the City Solicitor to negotiate, execute and complete all necessary legal documents to give effect to the above recommendations.
THE DEADLINE FOR CALL IN IS 1600 HOURS ON
MONDAY 26 APRIL 2021.
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