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Decision details

DISPOSAL OF KENNEDY HOUSE

Decision Maker: Director of Communications and Regeneration

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

To seek formal approval for the council to :

 

·        Authorise the disposal of the Council’s freehold interest in Kennedy House, Alexandra Road, Blackpool subject to the leasehold interests at auction, with a reserve of £125,000.

 

Consultation with the leaseholders and council tenants living at Kennedy House, has taken place and council tenants have been moved to alternative accommodation, who have been granted statutory home loss and disturbance payments of £5800.00 to each tenant.

 

The background, reasons and rational for the proposal to sell the Councils interest in Kennedy House is set out in sections 3 and 5.

Decision:

To authorise the sale of the Council’s freehold interest in Kennedy House subject to the leasehold interests, at auction, with a reserve of £125,000.

 

Should the reserve not be met delegated authority to be given to Service Manager – Assets, Estates and Business Administration and/or Asset Manager (Investment Portfolio) on the day of the auction to sell at best consideration.

 

Publication date: 22/09/2017

Date of decision: 22/09/2017

Accompanying Documents: