Decision Maker:

Outcome: Recommendations Approved

Is Key Decision?: No

Is Callable In?: Yes

Date of Decision: October 28, 2025

Purpose:

Content: RESOLVED: That Cabinet formally declares the asset surplus to operational requirements.   That Cabinet approves the sale of the former Abbeywood Care home at Ash Vale to the party at the price and subject to the conditions, noted in the part 2 report including the price variation mechanisms.  That Cabinet delegates authority to the Deputy Chief Executive and Executive Director of Resources (s151 Officer) in consultation with the Director of Land and Property to finalise the transaction and enter into all associated legal agreements.     Reasons for Decisions:   The recommendation follows an open marketing campaign of the former Abbeywood care home at Ash, where bids were received after 6 viewings and enquiries. The bids were as reported in the part 2 report.   Full status and funding enquiries have been made of the party outlined in the part 2 report and the transaction is recommended as supporting best value obligations.     To enable the disposal, Cabinet is requested to formally declare the asset surplus to operational requirements under the Council’s Constitution.   (The decisions on this item can be called-in by the Resources and Performance Select Committee)