Decision details

Banbury House, Bushell Way, Chislehurst

Decision Maker: Portfolio Holder for Resources, Commissioning and Contracts Management

Decision status: Recommendations approved

Is Key decision?: No

Is subject to call in?: Yes

Decision:

That the conditional offer from McCarthy and Stone for the purchase of Banbury House, Bushell Way, Chislehurst be accepted and the Executive be recommended to set aside the capital receipt to increase the Council’s Investment Fund.

Reasons for the decision:

Following a recent marketing exercise, offers have been received for Banbury House. The Council is required to secure the best consideration reasonably obtainable when disposing of land.

Publication date: 15/01/2016

Date of decision: 15/01/2016

Effective from: 23/01/2016

Accompanying Documents: