This summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
The City Mayor approved the disposal of the ground lease interest of the Holiday Inn, St Nicholas Circle, Leicester, LE1 5LX, to MCAP Global Finance (UK) LLP for £1.8m, plus a £20,000 contribution towards professional fees, on 15 July 2026. The Director of Estates and Building Services approved the valuation, and the City Barrister and Head of Standards Division will prepare documentation.
The City Mayor approved the freehold disposal of 52-58 Oxford Street, Leicester, LE1 5XW, to National Grid Electricity Distribution (NGED) for £2m on 6 July 2026. The City Barrister and Head of Standards will prepare documentation, and the Director of Estates and Building Services will agree detailed terms.
Supporting Documents
Details
| Outcome | For Determination |
| Decision date | 15 Jul 2026 |
| Effective from | 23 Jul 2026 |
| Lead officer | Janet Callan |
| Subject to call-in | Yes |