Decision Maker: Cabinet Member for Finance and Resources
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: Yes
As part of its capital programme management, in line with the County Council’s West Sussex Asset Management Policy and Strategy, the Council continually reviews its property estate. This includes consideration of assets which are likely to become surplus to operational requirements, i.e. no longer needed. In addition, the Council acquires or develops assets to meet statutory and service requirements as well as the Council’s wider purposes, including investment or to promote social and economic development opportunities. From time to time these activities give rise to decisions to purchase, dispose of or to develop an asset.
To accord with County Council Standing Orders, this report advises on the outcome of the formal marketing of Oriel Lodge, 25 West Street, Chichester, West Sussex, PO19 1RZ and seeks the approval of the Cabinet Member for Finance and Resources to dispose of the County Council’s freehold estate in the property. A number of offers have been received and approval is sought to sell to the preferred unconditional bidder. The property was declared surplus in 2018, FR17(17/18).
The Cabinet Member has endorsed:
1) That the County Council disposes of the freehold estate of Oriel Lodge, 25 West Street, Chichester, West Sussex, PO191RZ as identified on the plan at Appendix A; and
2) That authority is delegated to the Executive Director of Place Services in conjunction with the Director of Law and Assurance to conclude the terms with the successful bidder.
Publication date: 11/06/2019
Date of decision: 11/06/2019
Effective from: 21/06/2019