The Cabinets will be asked to make a key decision in private session to dispose of a SEBC-owned property in Haverhill for a capital receipt.
Following a period of unsuccessful attempts to recover unpaid rent, the premises were repossessed through the County Court in February 2018. The premises have remained vacant for several months and have been subject to criminal damage. Despite a range of protective security measures having been undertaken, there remains a risk of further damage to the property.
The Council’s appointed agents have marketed the property and since July 2018 several financial offers have been received.
In order to secure an early and unconditional sale and to mitigate the identified risks, an urgent decision is required in order to allow the sale of the property to progress and complete in a timely manner.
Decision type: Key
Reason Key: FH/SE Joint Executive Committee - Expenditure, Income or Savings > £100,000;
Decision status: Recommendations Approved
Wards affected: (All Wards);
Notice of proposed decision first published: 25/10/2018
This decision will be taken under urgency procedures.
Decision due: 6 Nov 2018 by Joint Executive (Cabinet) Committee
Lead member: Councillor David Bowman, Shadow Executive Member for Operations david.bowman@westsuffolk.gov.uk, Councillor Peter Stevens, Portfolio Holder for Operations peter.stevens@westsuffolk.gov.uk
Contact: Mark Walsh, Director (Operations) 01284 757300.
Type of Decision: (KD)
Documents to be submitted: Exempt Report to the Joint Executive (Cabinet) Committee