Decision Details

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This section allows you to view the general details of a Decision

Details

Status:
Decision Proposed
Title:
Sale of Freehoold – Land at Cranby Street & Adderley Road, Birmingham B8 1JU
Include item on Forward Plan
Yes
Is Key Decision
No
Item Contains Exempt/Private Reports
Yes
Reference:
013584/2024
Urgent Decision - Not in Forward Plan
No
Details for Agenda Sheet
Report of Strategic Director Place Prosperity & Sustainability 
Implementation Date (not before meeting on)
Wed 18 Dec 2024
Purpose

This report seeks authority for the sale of the Council’s freehold interest in the Site at Cranby Street & Adderley Road, Birmingham B8 1JU to a successful bidder following marketing and a tender process.

Key Portfolio
Deputy Leader and Economy & Skills
Decision Maker
Not Applicable
Chief Officer Decision Maker
------ N/A ------
Reason For Key Decision
Relevant Documents

Property Strategy (Approved by Full Cabinet – November 2018)

Property Investment Strategy (Approved by Full Cabinet – July 2019)

Decision Type:
Committee
Decision Maker:
Cabinet Committee – Property
Directorate
Place Prosperity & Sustainability
Other Information
Private Reason

3. Information relating to the financial or business affairs of a particular person (including the Council).

Decision Outcome

On 18 December 2024, Cabinet Committee – Property:-

  1. Authorised the Director of Property & Investment to conclude the sale of the property on the recommended terms as set out in Exempt Appendix 3(to the report), refer to Guidance;

     

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

 

THE DEADLINE FOR CALL IN IS 1600 HOURS ON TUESDAY 24 DECEMBER 2024.

Would the recommended decision be contrary to the budget and policy framework:
No
Decision Options:

Additional Information

Reg 10
Reg 11

Decision Criteria

This Decision does not contain any decision criteria records.

Wards

Alum Rock

Topics

This Decision does not contain any Topic records

Overview and Scrutiny

Economy, Skills and Culture Overview and Scrutiny Committee

This section allows you to view the reports for the Decision.

Reports

  1. pdf CCP Report - Sale of Freehold – Land at Cranby St & Adderley Rd (239Kb)
    1. pdf 2a. Appendix 1 - Plan - Cranby&Adderley - Alum Rock (98Kb)
    2. pdf 2b. Exempt Appendix 2 - Recommendations - Private Report
    3. pdf 2c. Exempt Appendix 3 - Heads of Terms - Private Report
    4. pdf 2d. Exempt Appendix 4 - Sale Recommendation Proforma - Private Report
    5. pdf 2e. Exempt Appendix 5 - Sale Decision Matrix - Private Report
    6. pdf 2f. Appendix 6 - Equality Impact Assessment - EIA000858 - Freehold Sale - Land at Cranby St and Adderley Rd (600Kb)

This section displays the history of the Decision.

Decision History

Date & Time CreatedUser Full NameStatus DescriptionDetails
12
 Page 1 of 2, items 1 to 10 of 15.
14/11/2024 11:18:02Ghalub Hussain Business Item Created 
14/11/2024 11:18:02Ghalub Hussain Committee AddedCabinet Committee – Property
14/11/2024 11:18:02Ghalub Hussain Meeting Added28/11/2024 3:30PM
14/11/2024 11:18:43Ghalub Hussain Ward AddedAlum Rock
14/11/2024 11:19:08Ghalub Hussain OS Committee AddedEconomy, Skills and Culture Overview and Scrutiny Committee
14/11/2024 11:20:19Ghalub Hussain General Details Edited 
14/11/2024 11:20:39Ghalub Hussain Status ChangedDecision Scheduled [1]
14/11/2024 11:20:52Ghalub Hussain General Details Edited 
19/11/2024 14:06:43Errol WilsonReport AddedDocument ID 271802: 2. Commissioners - Sale of Freehoold – Land at Cranby St & Adderley Rd
20/11/2024 16:15:40Errol WilsonStatus ChangedDecision Proposed [2]

Approval/Comments

No history found.