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Decision details

Disposal of open parking land at Drury Way, St Raphael's, Neasden

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The decision will be to approve the disposal of the former Brent Lorry Park land for redevelopment for employment purposes in accordance with the confidential appendix.

Decision:

(i)         that approve be given to the disposal the freehold interest in the land at Drury Way, Neasden, as marked on the attached plan, on a subject to survey basis to the Wallace School of Transport Ltd for a capital receipt upon the grant of planning consent;

(ii)        that, as a reserve, subject to satisfactory resolution of matters highlighted in the confidential appendix B, in the event that the above offer does not proceed satisfactorily that the alternative two offers as set out in the confidential appendix B paragraph 15 also be approved;

(iii)       that the Operational Director Property and Projects be authorised to agree the terms of the transaction in consultation with the Chief Finance Officer.

 

Wards Affected: Stonebridge;

Contact: James Young, Commercial Portfolio Manager Email: james.young@brent.gov.uk Tel: 020 8937 1398.

Report author: James Young

Publication date: 24/04/2014

Date of decision: 22/04/2014

Decided at meeting: 22/04/2014 - Executive

Accompanying Documents:

 

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