Decision details

Tonbridge Town Centre - Strategic Asset Review

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Decision:

(Report of Management Team)

 

Further to Decision No D150033CAB, the report provided an update on a strategic review of the Council’s principal property assets to the west of Tonbridge High Street, the aim of which was to utilise the assets to help add vitality to the town centre whilst optimising their use in terms of service delivery, community benefit and financial return.  Approval was sought to proceed with proposals to regenerate the area through (1) the sale of land and buildings within the River Lawn area for the purposes of creating a new medical centre and residential accommodation and (2) the sale of vacant offices/land at River Walk.

 

(Due to the commercial nature of the proposals, details of the financial considerations and terms of any proposed agreements were set out in private annexes under Schedule 12A to the Local Government Act 1972.)

 

The Cabinet resolved that:

 

The Director of Central Services be authorised to

(1)             complete the contract for the sale of freehold land with Assura on terms substantially as set out at Annex 3 to the report, together with all other necessary agreements in order to implement the proposals, including the Car Parking Lease and the Compound Lease, any amendments to the documents at Annex 3 to be agreed in consultation with the Leader and Deputy Leader;

(2)             advertise the intention of the Borough Council to dispose of the River Lawn Land;

(3)             subject to the completion of the agreement(s) with Assura under (1) above and the receipt of no objections in response to (2) above, proceed with the disposal of the River Lawn Land (shown edged in red and marked ‘3’ on the plan at Annex 1 to the report) as set out in paragraph 1.7 of the report, such authority to include (but not be limited to) advertisement of the land, negotiation of terms and completion of any necessary legal agreements; and

(4)             proceed with the disposal of land at River Walk (shown edged in red on the plan at Annex 5 to the report) as set out in paragraph 1.8 of the report, such authority to include (but not be limited to) advertisement of the land, negotiation of terms and completion of any necessary legal agreements.

Publication date: 10/02/2017

Date of decision: 09/02/2017

Decided at meeting: 09/02/2017 - Cabinet

Effective from: 18/02/2017

Accompanying Documents: