Decision details

RE18 0080 - Disposal of land adjacent to 18 Radiance Road, Wheatley by Auction

Decision Maker: Assistant Director of Trading Services and Assets

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The land is approximately 209m2 (0.05 acres) at the junction of Radiance Road and Churchill Road and is currently unfenced, vacant, overgrown and covered in litter. The land has limited development potential on its own but may be of interest to the adjoining owner for additional garden, access to create a driveway and/or an extension to their property. It may also be suitable for additional car parking for one of the many businesses on the surrounding industrial estate.

This land has been identified for disposal and was approved for disposal by auction at Strategic Decision Making Group on 25 April 2018.

The property will provide vital capital funding to enable the delivery of the Council’s Capital Programme.

A procurement exercise is currently being undertaken. The land will be entered into the successful auctioneer’s next available auction.

Decision:

To approve the disposal of land adjacent to 18 Radiance Road, Wheatley by auction.

Alternative options considered:

Option 1 - The recommended option is to proceed with the disposal by auction. A number of surrounding owners or occupiers may well be interested in this land and an auction provides the opportunity to achieve a fast and effective sale, hopefully resulting in a sale exceeding expectations. The capital receipt will contribute towards the Councils Capital Programme.
Option 2 - Take no action and leave the land vacant. The Council have no use for the land and it will become a maintenance liability.
Option 3 - Disposal by informal tender - this process would take longer to complete and may result in a lower capital receipt obtained.

Publication date: 18/07/2018

Date of decision: 14/06/2018