Decision details

Disposal of 4 plots of land at Lambeth Palace Road, Carlisle Lane and Upper Marsh and totalling 0.217 acres

Decision Maker: Cabinet Member for Finance and Performance

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

Approval to dispose, to the Guys and St Thomas’s Charity, land, for the purpose of enabling the site assembly for the Royal Street Development. Est disposal value Circa £7.7m.

Decision:

1.         To approve the freehold disposal of four small parcels of registered land totalling 879 square metres on the basis of the key terms and at the price detailed in the exempt part II of this report.

 

2.         To approve the freehold sale of any unregistered parcels to which the Council is entitled to legally register its freehold ownership on the basis of the key terms and at the price per square foot detailed in the exempt part II of this report.

 

3.         To authorise the associated costs incidental on disposal and deduction of the capital costs against the capital receipt.

 

Publication date: 19/10/2020

Date of decision: 27/10/2020

Effective from: 04/11/2020

Accompanying Documents: