Issue details

Freehold Disposal of the former Firstfield Resource Centre, 42 London Road Hailsham

The Council own the freehold of the former Firstfields Resource Centre and it is adjacent to an operational asset owned by SEACamb. Both public sector landowners agreed to a joint disposal to maximise the capital receipt. The joint disposal will occur once SEACamb move to their new accommodation which is being procured.  Both organisations have jointly marketed for disposal via a property agent and offers have been received and evaluated.

The officer decision report will be finalised, recommending a joint disposal to a purchaser on a conditional basis, subject to planning permission. This is subject to SEACamb finalising their vacation of their current operational asset.

The Council will secure 70% of the capital receipts on completion.

Decision type: Key

Reason Key: Expenditure > £500,000;

Decision status: Item Deferred

Divisions affected: Hailsham New Town;

Notice of proposed decision first published: 30/11/2022

Decision due: June 2023 by Chief Operating Officer

Lead member: Lead Member for Resources and Climate Change

Lead director: Chief Operating Officer

Department: Business Services

Contact: Nigel Brown, Assistant Director Property 07394 410630 Email: Tel: 07394 410630.