This section allows you to view the general details of a Decision
Details
Title:
Disposal of the Brasshouse, Sheepcote Street Birmingham B16 8AE
Include item on Forward Plan
Yes
Item Contains Exempt/Private Reports
Yes
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of Executive Director Place, Prosperity, Sustainability
Implementation Date (not before meeting on)
Mon 19 May 2025
Purpose
To update on the outcome of informal tender and seek approval for sale on recommended terms.
Key Portfolio
Deputy Leader and Economy & Skills
Decision Maker
Not Applicable
Chief Officer Decision Maker
------ N/A ------
Decision Maker:
Cabinet Committee – Property
Directorate
Place, Prosperity, Sustainability
Private Reason
1. information relating to any individual
3. Information relating to financial or business affairs of any particular person (including the Council).
Decision Outcome
On
19 May 2025, Cabinet Committee – Property:-
(i)
Authorised the
Assistant Director Corporate Landlord to conclude an unconditional sale of the
surplus Council owned property, by the grant of a new 250-year lease to “the
Purchaser” as detailed in Exempt Appendices 2 and 3 to the report;
(ii)
Noted that the
purchaser will also pay a contribution towards the Council’s surveyor and legal
costs, as detailed in exempt appendix 2;
(iii)
Agreed that in the
event the transaction does not progress to completion to authorised the
Assistant Director Corporate Landlord in consultation with the Deputy Leader to
revert to the market, select a preferred bidder agree terms price and disposal
subject to a supporting recommendation report from the Councils appointed agent;
(iv)
Cabinet Committee
-Property endorsed the terms of the disposal of the Brasshouse; and
(v)
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 FRIDAY 23 MAY 2025.
Would the recommended decision be contrary to the budget and policy framework:
No
Additional Information
Decision Criteria
This Decision does not contain any decision criteria records.
Topics
This Decision does not contain any Topic records
Overview and Scrutiny
Economy, Skills and Culture Overview and Scrutiny Committee
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This section displays the history of the Decision.
Decision History
19/03/2025 16:26:54 | Ghalub Hussain | Business Item Created | |
19/03/2025 16:26:54 | Ghalub Hussain | Committee Added | Cabinet Committee – Property |
19/03/2025 16:26:54 | Ghalub Hussain | Meeting Added | 24/04/2025 2:00PM |
19/03/2025 16:27:28 | Ghalub Hussain | Ward Added | Ladywood |
19/03/2025 16:27:47 | Ghalub Hussain | OS Committee Added | Economy, Skills and Culture Overview and Scrutiny Committee |
19/03/2025 16:31:12 | Ghalub Hussain | Consultation/Comments Edited | |
19/03/2025 16:31:40 | Ghalub Hussain | Status Changed | Decision Scheduled [1] |
19/03/2025 16:31:54 | Ghalub Hussain | General Details Edited | |
19/03/2025 16:32:32 | Ghalub Hussain | Report Added | Document ID 281982: The Brasshouse, Sheepcote Street Birmingham B16 8AE |
03/04/2025 12:05:53 | Louise Harris | General Details Edited | |
Approval/Comments
No history found.