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 premises at 49-50 Crawford Street, Alum Rock, Birmingham B8 1JL as shown edged bold on attached plan at Appendix 1 to the report and extending to 1,197 sqm for a premium as detailed in Exempt Appendix 2 to the report;
2. Noted that the purchaser will pay a contribution towards the Council’s surveyor’s and legal costs, as detailed in Exempt Appendix 2 to the report;
3. 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 to the report (which would be deductible in the event of sale completion); and
4. 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 IS TUESDAY 22 FEBRUARY 2022 AT 1600 HOURS.