July 15, 2026 City Mayor/Executive (Cabinet member) Key decision Awaiting outcome View on council website

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

Holiday Inn Decision Report.pdf
Holiday Inn Decision Report.pdf
Record of Executive Decision Holiday Inn.pdf
Record of Executive Decision Holiday Inn.pdf
Executive Decision Paper - Oxford Street Units 52-58 UPRN 1983 - 16.06.2026.pdf
Executive Decision Paper - Oxford Street Units 52-58 UPRN 1983 - 16.06.2026.pdf
Ocford Street Decision Record.pdf
Ocford Street Decision Record.pdf

Details

OutcomeFor Determination
Decision date15 Jul 2026
Effective from23 Jul 2026
Lead officerJanet Callan
Subject to call-inYes