That the freehold of the former Outdoor Pursuit Centre
at Staylittle is transferred to Bidder
That the Transfer limits the use of the property to
those uses which fall into the same Use Class as the current use of
outdoor pursuit centre.
That the transfer is subject to overage provisions,
whereby the Council will receive 50% of any increase in value from
the purchaser should any part of the site be sold within the first
The Report should remain confidential until after the purchase
has been completed.
To ensure the Property can be reused in an appropriate
manner, whilst supporting the aims of the Council’s Vision
To ensure the Council
receives a capital receipt from the sale of this building.
To remove a revenue
liability from the Council, and therefore reduce its exposure to
the risks associated with vacant properties – e,g, vandalism,
squatters, unreported storm damage and systems failures.
To ensure the Purchaser commits to his stated intention
of re-establishing the outdoor pursuit centre.
To ensure that should the Purchaser seek to dispose of
the property for enhanced value within the first five years for the
same or any other use.