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It is recommended
that the Cabinet Member:
 

Formally declared the asset surplus to operational
requirements in consultation with The Leader and Deputy
Leader.

 

Approved the sale of 28 Telegraph Track, Carshalton,
SM5 4AZ, to the party, at the price and subject to the conditions,
noted in the part 2 report. The sale is conditional upon the
simultaneous surrender of the headlease held over the asset by HGR
which has been agreed by the HGR Board.

 

Approved the HGR premium for the surrender of its
interest from the gross receipt and notes there is debt aligned to
this asset, with both parties bearing their own costs and
appointments of their own professional team.