Decision Details

Strategic Director for Place, Prosperity and Sustainability – Paul Kitson

Director of Council Management – Rebecca Hellard                                         

This report seeks authority for the sale of the Council owned scrapyard/industrial premises at 2-10 Cranby Street, Saltley, Birmingham B8 1JL to the occupying tenant.

The subject site has an area of 0.32 acres approximately and is shown edged bold on the attached plan at Appendix 1.

The report seeks authority under the delegation in paragraph 3.2 (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 report and the Exempt Appendices 2 and 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 site have been fully considered and the sale of the site provides the best outcomes for the city as detailed in the Exempt Appendix 2 and 3.

On the 17 February 2022 the Leader and the Cabinet Member for Finance and Resources:-

1.   Authorised the Assistant Director of Property to conclude an unconditional sale of the Council owned scrapyard/industrial premises at 2-10 Cranby Street, Birmingham B8 1JL as shown edged bold on attached plan at Appendix 1, and extending to 0.32 acres, to the occupying tenant for a premium as detailed in Exempt Appendix 2 to the report;

2.   The purchaser will also pay a contribution towards the Council’s surveyor’s and legal costs, as detailed in Exempt Appendix 2 to the report;

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

4.   Noted that to demonstrate their commitment, the purchaser has agreed to provide a “cash payment” deposit as detailed in Exempt Appendix 2 to the report (which would be  deductible in the event of sale completion).

NB: THE DEADLINE FOR CALL IN IS TUESDAY 22 FEBRUARY 2022 AT 1600 HOURS.