Decision details

Freehold Disposal - The Square, High Street, Newcastle under Lyme

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To consider the disposal of the freehold interest in respect of The Square and the attached car park.

Decision:

(a)  That officers be authorised to take the necessary actions to dispose of the Council’s freehold interest of The Square complex and car park on the terms as set out in the confidential report (at Part II of your agenda).

 

(b)  That steps be taken as part of the future budget-setting and MTFS processes to address the loss of annual rental income from the property.

 

 

Report author: Louise Beeby

Publication date: 15/10/2014

Date of decision: 15/10/2014

Decided at meeting: 15/10/2014 - Cabinet

Accompanying Documents: