Asset Transactions

December 22, 2025 Cabinet (Cabinet collective) Approved View on council website

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Summary

...to dispose of land adjacent to Site 11, St James Mill Road, Fogg Cottages, 20-20A Sheep Street, and St Lukes Centre and Field, with the latter being a nil value transfer to Duston Parish Council.

Full council record
Content

RESOLVED:
Cabinet;

1.    
Authorised the Assistant Director Assets & Environment in
consultation with the Executive Director Resources and Cabinet
Member for Finance to dispose of each of the following sites, in
each case with the ability to enter into any documents or
agreements required to facilitate or enable the proposed
transaction:

a)    
Land adjacent Site 11, St James Mill Road, Northampton
(Appendix A)

b)    
Fogg Cottages, Milton Malsor (Appendix B)

c)    
20-20A Sheep Street, Northampton (Appendix C)

d)    
St Lukes Centre and St Lukes Field (Appendix D) – for
less than best consideration (nil value transfer), including the
authority to consider any objections to the disposal of open space
and take a decision whether or not to proceed in light of
them.
 

2.    
Noted the likely need to re-invest receipts in alternative
income-generating assets.
 
REASONS
RESOLVED:  Specific reasons for
decisions in relation to each site are given in the relevant
appendices.
 
ALTERNATIVE
OPTIONS: The issues and choices in relation to each site are set
out in detail in the relevant appendices.
 
 

Related Meeting

Cabinet - Monday 22nd December 2025 6.00 pm on December 22, 2025

Supporting Documents

Asset Transactions - Appendix B.pdf
Asset Transactions.pdf
Asset Transactions - Appendix A.pdf
Asset Transactions - Appendix C.pdf
Asset Transactions - Appendix D.pdf

Details

OutcomeRecommendations Approved
Decision date22 Dec 2025