Issue - meetings

Wheatfield Road South Industrial Units and Land

Meeting: 05/02/2007 - Cabinet (Item 10)

Wheatfield Road South Industrial Units and Land

Report of Asset Manager (copy herewith)

Presented By: S. Dougall x 8177

Minutes:

The Asset Manager submitted a report that set out a proposal for the joint disposal of Council and County Council land to achieve greater overall value at Wheatfield Road South.

 

RESOLVED:(1) That approval in principle be given to the disposal of two parcels of land including a small vacant terrace of dilapidated industrial units and being in total approximately 1,409m2 located in Wheatfield Road South (as shown edged red on the plan at Appendix 1 to the report) to produce an estimated gross capital receipt of £297,000.

 

                        (2) Approval to the disposal and marketing of this land in conjunction with the adjoining land and by Northamptonshire County Council 1,186m2) (identified edged blue on the plan shown at Appendix 1 to the report), the disposal to be undertaken in a manner to be determined by the Asset Manager and Solicitor to the Council with costs of Surveyors and Legal Services being shared by both Councils.