Agenda and minutes

Items
No. Item

1.

Disposal of former Outdoor Pursuit Centre, Staylittle

Additional documents:

Minutes:

Decisions taken by Individual Portfolio Holders

 

County Councillor Aled Davies

Portfolio Holder for Finance, Countryside and Transport

 

County Councillor Rachel Powell

Portfolio Holder for Young People and Culture 

 

 

Decisions Taken 17 April 2020

Decisions Published 17 April 2020   

Decisions Effective 27 April 2020      

 

Disposal of former Outdoor Pursuit Centre, Staylittle

 

 

 

DECISION

Reason for Decision:

1.    That the freehold of the former Outdoor Pursuit Centre at Staylittle is transferred to Bidder A.

 

 

 

 

 

 

 

 

 

 

 

 

 

2.    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. 

 

3.    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 five years.

 

4.    The Report should remain confidential until after the purchase has been completed.

 

1.    To ensure the Property can be reused in an appropriate manner, whilst supporting the aims of the Council’s Vision 2025 document.

 

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.

 

2.    To ensure the Purchaser commits to his stated intention of re-establishing the outdoor pursuit centre.

 

 

3.    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.