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 113 Adderley Road, Alum Rock, Birmingham B8 1LD as shown edged bold on attached plan at Appendix 1 to the report and extending to 1,073sqm;
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.