Decision details

Cabinet Members' Items - Joint Report of the Corporate Finance and Governance Portfolio Holder and the Housing Portfolio Holder - B.2 - Terms for the Freehold Sale of a Residential Property in Harwich

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Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

RESOLVED that Cabinet -

(a) approves the proposed terms for the freehold sale of 16 Angel Gate, Harwich; and

(b) authorises the Corporate Director (Operations & Delivery) to enter into a contract and transfer deed to complete the purchase of the property on the terms set out and subject to such other terms that he considers necessary,or should the sale fall through, that he may continue to accept offers £10,000 above or below £277,500 or to go to auction via the recommended reserve price.

Report author: Heidi Foster

Publication date: 25/02/2022

Date of decision: 25/02/2022

Decided at meeting: 25/02/2022 - Cabinet

Effective from: 05/03/2022

Accompanying Documents:

B2 Report Terms for Sale of Property in Harwich
B2 Appendix 1 - Angel Gate - William H Brown valuation
B2 Appendix 2 - 16 Angelgate Valuation Letter - Haarts
B2 Appendix 3 - 16 Angel Gate Harwich valuation HVH