Issue - meetings

Property Transaction Report July to December 2021

Meeting: 10/02/2022 - Cabinet (Item 132)

132 Property Transaction Report July to December 2021 pdf icon PDF 112 KB

To consider and decide on the recommendations as set out in the associated report. 

Additional documents:

Decision:

RESOLVED – That the report be noted.

 

REASON FOR DECISION: To comply with the Constitution.

 

Minutes:

John Antoniades, Estates Manager introduced the report set out in the agenda.

 

Discussion and questions from Members included the following:

 

-       The issue of the flying freehold was unusual in that some time ago access on the first floor of the building had been blocked.  This became a blight on the Council’s assets as the Council did not receive any benefits from its use or any rental income. 

-       The Council had now been able to exclude the flying freehold from the lease.    

-       It was noted that a number of commercial properties that had been available had now been either sold or rented out.  It was hoped the buoyancy in the market would continue and the Council’s assets would strengthen.

-       There were no vacancies as a result of the pandemic that the Council had not managed to relet. 

-       The team were congratulated on their hard work during what was a very challenging year.

 

To note the matter was decided taking the exempt information set out in the Agenda as read.

 

RESOLVED – That the report be noted.

 

REASON FOR DECISION: To comply with the Constitution.

 


Meeting: 25/01/2022 - Finance and Governance Cabinet Advisory Board (Item 70)

70 Property Transaction Report July to December 2021 pdf icon PDF 112 KB

To consider and provide a recommendation to Cabinet on the proposals set out in the attached report.

Additional documents:

Minutes:

John Antoniades, Estates Manager introduced the report set out in the agenda.

 

To note, the matter was decided in taking the exempt information set out in the Agenda as read.

 

RESOLVED – That the recommendations to Cabinet as set out in the report be supported.