Issue details

Property Holdings: Disposal of 40, Crescent Road, Worthing, West Sussex, BN11 1RQ FP06 21-22

The County Council’s West Sussex Plan sets out its ambition to minimise the burden of local taxation, delivering the best outcomes for residents with the money it spends, whilst living within its means.  In 2018 the County Council agreed to adopt an Asset Management Policy and Strategy.  An objective of the strategy is to acquire, manage, maintain and dispose of property effectively, efficiently and sustainably, together with optimising financial and commercial opportunities.

 

To accord with Standing Orders, this report advises on the outcome of the marketing of this vacant property and seeks the approval of the Cabinet Member for Finance and Property to dispose of the County Council’s freehold estate in the property.    Offers have been received and approval is sought to sell to the preferred and highest bidder. 

 

 

Decision type: Key

Reason Key: Expenditure > £500,000;

Decision status: Recommendations Approved

Divisions affected: Worthing Pier;

Notice of proposed decision first published: 16/12/2021

Response to representations

The County Council’s West Sussex Plan sets out its ambition to minimise the burden of local taxation, delivering the best outcomes for residents with the money it spends, whilst living within its means.  In 2018 the County Council agreed to adopt an Asset Management Policy and Strategy.  An objective of the strategy is to acquire, manage, maintain and dispose of property effectively, efficiently and sustainably, together with optimising financial and commercial opportunities.

 

Decision due: Before 31 March 2022 by Cabinet Member for Finance and Property (Cllr Jeremy Hunt)

Lead member: Councillor Jeremy Hunt jeremy.hunt@westsussex.gov.uk

Contact: Elaine Sanders, Property Services Manager Email: elaine.sanders@westsussex.gov.uk Tel: 033 022 25605.

Consultation process

Representation can be made via the officer contact.

Consultees

Local members

Democratic Services Contact: Suzannah Hill Tel. 033 022 22551

Decisions

Background papers

  • None