Issue details

Disposal of land at Melbourne Avenue, Ramsgate

To authorise the Director of Property in consultation with the Cabinet Member for Corporate and Democratic Services to finalise terms of the property disposal and enter into any agreements to finalise the transaction. 


The site has been identified as surplus to the Council’s requirements and releasing this site will secure a capital receipt to fund the capital programme and to streamline the Council’s property portfolio to achieve financial and efficiency benefits in line with appropriate policy

Financial Implications: Property holding costs will cease upon sale and capital receipts will be available to support the Council’s Medium Term Capital Programme

Legal Implications: None

Equality Implications:  None

The need for capital receipts is outlined in the Medium Term Capital Programme


Decision type: Key

Reason Key: Expenditure or savings of more than £1m;

Decision status: Recommendations Approved

Division affected: Ramsgate;

Notice of proposed decision first published: 11/07/2016

Anticipated restriction: Part exempt  - View reasons

Explanation of anticipated restriction:
The sale price, buyer and other financial information of a commercially sensitive nature will be contained in a separate report, exempt from publication under paragraph 3 of Schedule 12a of the Local Government Act 1972

Department: Strategic & Corporate Services


The matter was discussed and the proposed decision endorsed by the Property Sub-Committee on 8 July 2016.


Financial implications: Rebecca Spore Director of Infrastructure rebecca.spore

Legal implications: 16/00063


Agenda items