Issue - meetings

117 South Coast Road, Peacehaven - Disposal of Freehold

Meeting: 21/05/2024 - Lead Member for Resources and Climate Change (Item 5)

5 117 South Coast Road, Peacehaven - Disposal of Freehold pdf icon PDF 230 KB

Report by the Chief Operating Officer

Additional documents:

Minutes:

5.1       The Lead Member considered a report by the Chief Operating Officer.

 

DECISIONS

 

5.2       The Lead Member RESOLVED to:

 

1) Declare 117 South Coast Road, Peacehaven, as shown on the Plan in Appendix 1 of the report, surplus to the Council’s requirements;

 

2) Approve the disposal of 117 South Coast Road, Peacehaven to Lewes District Council;

 

3) Delegate authority to the Chief Operating Officer to agree the terms of the sale to achieve the best consideration reasonably obtainable for the Site in accordance with s.123 of the Local Government Act 1972; and

 

4) Delegate authority to the Chief Operating Officer to take all actions necessary to give effect to the recommendations in the report.

 

REASONS

 

5.3       Agreeing a sale of the freehold to Lewes District Council will give the County Council a capital receipt and will enable Lewes District Council to undertake necessary improvement works to the property, while maintaining the secure social housing tenancy.