Issue details

Property Review: Disposal Oriel Lodge FR04 19/20

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).

 

Decision type: Key

Reason Key: Expenditure > £500,000;

Decision status: Recommendations Approved

Divisions affected: (All Divisions);

Notice of proposed decision first published: 29/05/2019

Anticipated restriction: Part exempt  - View reasons

Decision due: Between 1 April 2019 and 31 March 2020 by Cabinet Member for Finance and Resources

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

Contact: Lee Harris, Acting Chief Executive Email: lee.harris@westsussex.gov.uk Tel: 033 022 24846.

Consultation process

Representations can be made to the Cabinet Member for Finance and Resources via the officer contact.

Consultees

Internal and local members as required.

Democratic Services Contact: Suzannah Hill Tel: 033 022 22551

West Sussex Plan Priority: A Council that Works for the Community

Decisions

Background papers

  • None