Decision Maker: Portfolio Holder for Assets & Planning
Decision status: Recommendations Approved
Is Key decision?: Yes
Is subject to call in?: No
Decision to sell Council owned industrial development land in Crowland and acquire built industrial units.
Decision to sell Council owned industrial development land in Crowland and acquire built industrial units on terms set out in the exempt report.
In the main body of the exempt report these options and recommendations are covered in more detail.
Option 1 - To do nothing – this would mean the Council would continue to hold the bare land asset until either a future disposal was affected or the site developed.
Option 2 - To openly market the bare land and sell.
Option 3 – To sell the bare land and use the proceeds of sale towards acquiring additional industrial units in Crowland – the preferred and recommended option.
Wards Affected: (All Wards);
Conflict of Interest: None
Dispensation Granted: None
Other reasons / organisations consulted
Contact: Marc Whelan, Strategic and Operational Property Manager Email: Marc.Whelan@sholland.gov.uk.
Urgent item?: Yes
Publication date: 17/03/2023
Date of decision: 17/03/2023