Issue - meetings

This report details the marketing exercise undertaken for 395 Chapter Road and makes recommendations to the Executive in respect of the disposal. 

(i)         that approval be given to the leasehold disposal of the Brent Housing Partnership interest at 395 Chapter Road to Iridium Assets Ltd to operate a medical practice from the property, by creating serviced clinics from the commercial premises;

(ii)        that if the proposed disposal to Iridium Assets Ltd does not proceed, then approval be given to a disposal to Forest & Ray Ltd for the purposes of a dental surgery; 

(iii)       that authority be delegated to the Operational Director Property and Projects to agree the final terms and to complete the disposal to either party.

Councillor Crane (Lead Member, Regeneration and Major Projects) introduced the report which detailed the marketing exercise undertaken for 395 Chapter Road and made recommendations to the Executive in respect of the disposal. 

The Executive also had before them and appendix to the report which was not for publication as it related to the following category of information specified in Schedule 12 of the Local Government Act 1972:

Information relating to the financial or business affairs of any particular person (including the authority).

RESOLVED:

(i)         that approval be given to the leasehold disposal of the Brent Housing Partnership interest at 395 Chapter Road to Iridium Assets Ltd to operate a medical practice from the property, by creating serviced clinics from the commercial premises;

(ii)        that if the proposed disposal to Iridium Assets Ltd does not proceed, then approval be given to a disposal to Forest and Ray Ltd for the purposes of a dental surgery; 

(iii)       that authority be delegated to the Operational Director Property and Projects to agree the final terms and to complete the disposal to either party.