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To approve the sale of the land and buildings
at 39, 39.5, 40, 40a and 42 Castle Street and 53 Quarry Street,
Guildford in line with the following terms and conditions:

Freehold to be sold at Savills auction.

The assets do not pass the Council’s investment criteria and
are subject to ongoing repair liability and limited reletting
prospects without considerable capital expenditure.

In accordance with the Council’s General Disposal Consent
powers, the proposed disposal is to be by way of public auction
with the guide and reserve prices to be set in advance which will
provide the ‘best consideration reasonably
obtainable’.

Each party will bear their own costs in relation to the sale.