Purpose

The decision to sell the property was approved
by Cabinet on 5 November 2025 via report FIN/701 and these
decisions relate to resolutions (b) and (c) of that report. The
decisions were to approve the sale and approve and completion of
all relevant documentation, including legal paperwork necessary in
relation to enable the sale.

Content

The sale of the property be approved by the
Head of Corporate Finance, in consultation with the Leader.

The completion of all relevant legal document was taken by the
Commercial Asset Manager, in consultation with the Head of
Governance, People & Performance via Legal Management Team
(Legal Services Manager and Data & Democracy Manager) and the
Head of Corporate Finance.

Alternative options considered

Option 1 - The alternative option was to
retain the property and not go ahead with the sale – this was
rejected because of the low rental return, and the sale produced a
capital sum for the Council.
Option 2 - Proceed with the sale