Purpose

To exercise an Option to Purchase the freehold
of the High Wycombe Social Club building, on Queen Victoria Road,
High Wycombe

Content

The Cabinet received a report which sought approval
to exercise an Option to Purchase the freehold of the High Wycombe
Social Club building on Queen Victoria Road, High Wycombe; lease
back space to the Club and also for
storage for the town’s Chair Collection; refurbish and
improve the building in the process, as part of the Future High
Streets funded ‘Southern Gateway’ area improvement.
Cabinet Members suggested that other options for development should
be considered which would still meet the requirements of the
Government funding.

 
RESOLVED – 
 

1) That the Council exercise the Option to Purchase the
freehold interest in the High Wycombe Social Club
(‘HWSC’) on Queen Victoria Road, High
Wycombe

2) That authority be
delegated to the Service Director –
Property and Assets, in consultation with the Cabinet Member for
Accessible Housing and Resources, to agree the terms of the
purchase and further to agree the terms of entering into a lease for HWSC; and to consider
other development options as appropriate on condition that
this would not have any adverse impact
on the Future High Streets funding from
Government.