This section allows you to view the general details of a Decision
Details
Status:
Decision Proposed
Title:
Sale of Freehold – Site at Brickfield Road and Kiln Lane, Hay Mills, Birmingham B25 8HF
Include item on Forward Plan/ Key Decision
No
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Strategic Director of Place, Prosperity and Sustainability – Paul Kitson
Director of Council Management – Rebecca Hellard
Interim City Solicitor and Monitoring Officer – Satinder Sahota
Implementation Date (not before meeting on)
Fri 11 Mar 2022
Purpose
This report seeks authority for the sale of the Council owned industrial premises at Brickfield Road and Kiln Lane, Hay Mills, Birmingham B25 8HF, to the current occupier.
The subject site has an area of approximately 0.60 acres 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 Exempt Appendix 3 are fully in line with the Council’s wider ambitions and plans for inclusive growth and financial stability. The recommendations are in compliance 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.
Decision Maker
Cabinet Member and Chief Officer
Chief Officer Decision Maker
Decision Maker:
Cabinet Member
Directorate
Inclusive Growth
Decision Outcome
On the 11 March 2022, the Leader and the Cabinet Member of Finance and Resources;
(i) Authorised the Assistant Director of Property to conclude an unconditional sale of the Council owned site at Brickfield Road/Kiln Lane, Hay Mills, Birmingham B25 8HF as shown edged bold on attached plan at Appendix 1 and extending to 0.60 acres, to the occupying tenant for a premium as detailed in Exempt Appendix 2.
(ii) Noted that the purchaser will also pay a contribution towards the Council’s surveyor’s and legal costs, as detailed in Exempt Appendix 2
(iii) 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 WEDNESDAY 16 MARCH 2022.
Is the Decision Maker Aware of the Decision:
No
Is the Head of Services Aware of the Decision:
No
Is Decision County Wide:
No
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.
Wards
Tyseley & Hay Mills
Topics
This Decision does not contain any Topic records
Overview and Scrutiny
Economy and Skills Overview and Scrutiny Committee
Resources Overview and Scrutiny Committee
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This section displays the history of the Decision.
Decision History
| 10/03/2022 15:38:43 | Wendy Hill | Business Item Created | |
| 10/03/2022 15:38:43 | Wendy Hill | Committee Added | Cabinet Member and Chief Officer |
| 10/03/2022 15:38:43 | Wendy Hill | Meeting Added | 11/03/2022 12:00AM |
| 10/03/2022 15:39:49 | Wendy Hill | Ward Added | Tyseley & Hay Mills |
| 10/03/2022 15:40:28 | Wendy Hill | Contacts Edited | |
| 10/03/2022 15:40:47 | Wendy Hill | OS Committee Added | Economy and Skills Overview and Scrutiny Committee |
| 10/03/2022 15:40:47 | Wendy Hill | OS Committee Added | Resources Overview and Scrutiny Committee |
| 10/03/2022 15:41:44 | Wendy Hill | Report Added | Document ID 205691: PIS Board Report - Brickfield Road - Kiln Lane - Sale - V4 |
| 10/03/2022 15:50:41 | Wendy Hill | Status Changed | Decision Proposed [2] |
| 10/03/2022 15:50:59 | Wendy Hill | General Details Edited | |
Approval/Comments
No history found.