Decision details

That Cabinet approve the sale of vacant properties:

·         8 Coniston Gardens, London NW9 OBD;

·         67 Woodheyes Road, London NW10 9DE;

·         20 Claremont Road, London W9 3DZ;

·         Property X;  

which are held in the General Fund and that have been identified as surplus to the Council’s requirement, for a capital receipt.

RESOLVED:

15.1    The disposal of surplus properties at 8 Coniston Gardens and 67 Woodheyes Road to I4B Holdings Limited (I4B) – the Council’s wholly owned company, at market value (which has been determined by an independent Chartered Surveyor) plus the Council’s costs, for use under the Private Rented Sector programme (PRS), be approved; 

15.2    The disposal of Property X, which is owned by an Adult Social Care user, in the open market for a capital receipt in order that the Council may exercise its duty under the Care Act and deputyship order granted by the Court of Protection, be approved. The property will be sold at an arms-length transaction on the open market to ensure that no conflict of interest arises and that best consideration is obtained for the service user. Approval was granted for all subsequent disposals under the Care Act, which is a statutory function, to be carried out under the delegated authority of the Strategic Director of Resources;

15.3    The disposal of surplus property at 20 Claremont Road at market value for a capital receipt, following a thorough review of options by officers to bring the property back into use, be approved. The property will be offered to I4B at market value, which has been determined by an independent Chartered Surveyor, for use within I4B’s programmes, or will be sold on the open market;

15.4    Authority be delegated to the Strategic Director of Resources to approve, in consultation with the relevant Lead Member,  the method of disposal and agree the final terms for properties within this report, including for 3 Kent Road and 18 Alliance Close;

15.5    An application to the Secretary of State for the disposal of 3 Kent Road and 67 Woodheyes Road be approved; and

15.6    An application to the Secretary of State for Education for the disposal of 8 Coniston Gardens be approved.