Sale of Sites 1&3 Lyndhurst Road Ascot
October 30, 2024 Cabinet (Cabinet collective) Awaiting outcome View on council websiteThis 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
...to generate capital and revenue for the council, the Cabinet approved the sale of sites at Lyndhurst Road Ascot and delegated authority to the Executive Director of Place Services, in consultation with the Cabinet Member for Planning, Governance and Asset Management, to conclude the sale.
Full council record
Purpose
The report will be seeking Cabinet consent to sell Site 3 Lyndhurst Rd. to Ascot Business Park. The site is owned by RBWM and is surplus to our requirements. Revenue income will be obtained until the date of the sale completion with a capital receipt for the site at completion.
Decision
AGREED: That Cabinet noted the report and:
i) Approved the sale of Sites at Lyndhurst Rd Ascot.
ii) Delegated authority to the Executive Director of Place Services in consultation with the Cabinet Member for Planning, Governance and Asset Management, to conclude the sale.
Related Meeting
Cabinet - Wednesday 30 October 2024 7.00 pm on October 30, 2024
Details
| Outcome | For Determination |
| Decision date | 30 Oct 2024 |
| Effective from | 8 Nov 2024 |
| Subject to call-in | Yes |