Issue - meetings

The Portfolio Holder for Growth and Prosperity is to submit a report which recommends to Cabinet, that Council proceeds with the disposal of Cemetery Lodge at auction to generate a capital receipt.

Cabinet:

1.    APPROVED the freehold disposal of Cemetery Lodge in accordance with the Asset Disposal Policy.

2.    DELEGATED authority for the Director for Growth and Regeneration to finalise and effect the legal documentation in relation to the conditions of sale and transfer of the property.

Director for Growth and Regeneration introduced the report the purpose of which was to recommend to Members that the Council proceeds with the disposal of Cemetery Lodge at auction to generate a capital receipt.

The Portfolio Holder for Growth and Prosperity said that although the building was over 100 years old and was a fine looking building. Taking consideration of options for this building, sale by auction would be the most viable.

Cabinet:

1.    APPROVED the freehold disposal of Cemetery Lodge in accordance with the Asset Disposal Policy.

2.    DELEGATED authority for the Director for Growth and Regeneration to finalise and effect the legal documentation in relation to the conditions of sale and transfer of the property.

Reason for Recommendations:

Taking a commercial approach to the management of our assets is a key area of focus under priority 3 of the Corporate Strategy 2020-2024.

The recommendation of disposal through auction is in accordance with the Council’s Assets Disposal Policy (2020).

The sale of Cemetery Lodge would generate a much needed capital receipt for the Council to support the work in extending capacity of the current cemetery and future-proofing cemetery provision in the borough.

The disposal would remove the ongoing financial liability of the property in terms of repair and maintenance, property checks and inspections made by the caretaking staff and the on-going security risk.