Decision details

Freehold Disposal of Former Adult Training Centre "Coastal Enterprises", Brougham Road, Worthing, West Sussex, BN11 2NU FP08 (24/25)

Decision Maker: Cabinet Member for Finance and Property (Cllr Jeremy Hunt)

Decision status: Recommendations Approved (subject to call-in)

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

This report advises on the outcome of the marketing of this property and seeks the approval by the Cabinet Member for Finance and Property to dispose of the County Council’s freehold estate of the of the former Adult Training Centre, Coastal Enterprises, Brougham Road, Worthing, West Sussex, BN11 2NU.

 

Offers have been received and approval is sought to sell to the preferred bidder.

 

Decision:

The Cabinet Member for Finance and Property has approvedthat:

 

(1)  the County Council disposes of its freehold estate at the Former Adult Training Centre “Coastal Enterprises,” Brougham Road, Worthing, West Sussex BN11 2NU. As set out in Appendix A Part II and as set out in the plan Appendix B, of this report

 

(2)  should this sale not proceed to an early exchange of contracts, authority is delegated to the Assistant Director (Property and Assets) to pursue an alternative sale at an agreed minimum value, subject to planning, pre-let and contract; and that

 

(3)  authority is delegated to the Assistant Director (Property and Assets) in conjunction with the Director of Law and Assurance to conclude the terms of the sale with the purchaser.

 

Interests and Nature of Interests Declared:

None declared

Publication date: 24/10/2024

Date of decision: 24/10/2024

Date comes into force if not called in: 05/11/2024

Call-in deadline date: 04/11/2024

Accompanying Documents: