Issue details

South Holland District Council hold a range of land and property assets, some make limited or no positive contribution to the asset portfolio of the Council. The South and East Lincolnshire Councils Partnership Asset Management Strategy 2023 – 2028 set out that:

Assets can be declared surplus and/or disposed of for a number of reasons…including but not being limited to when:

• they make no contribution to the delivery of services
• their retention is not economically viable
• they afford no strategic or value opportunity, or when;
• an alternative has been identified which would be more cost effective.

The assets referred to in this report are considered to be surplus for one or more of the reasons above.

In addition, the Council is developing a sustainable resourcing strategy to support its capital programme, with any capital receipts/revenue income generated from asset transactions forming part of its funding strategy. It is therefore necessary to move at pace in getting the assets set out in this report to the market.