Issue details

Review of Property Holdings: (Rolling Entry)

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.

 

In line with the Strategy the County Council has completed a programme of work to raise the land value on land known as Angel’s and Hyde Nurseries, Yapton Road, Barnham, West Sussex, PO22 0AY and now proposes to make a freehold disposal of the title.  Offers have been received and progressed in stages to raise certainty. Approval is sought to sell to the highest bidder in an unconditional contract. 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: 11/06/2019

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: 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

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

Consultees

Internal and local members as required.

Democratic Services Contact: Suzannah Hill 033022 22551

Background3: A Council that Works for the Community

Decisions