Decision details

Freehold sale by auction of: 499 Saffron Lane, Leicester, LE2 6UJ

Decision Maker: City Mayor (Individual Decision)

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: Yes

Purpose:

Approve the sale by auction of 499 Saffron Lane, Leicester, LE2 6UJ.

Decision:

The sale by auction of 499 Saffron Lane, Leicester, LE2 6UJ.

Reasons for the decision:

To dispose of surplus vacant buildings no longer required by the Council for its functions.

To meet best consideration in its disposal decisions and meet its fiduciary duty in line with S123 of the Local Government Act 1972.

Alternative options:

Re purposing of building to satisfy affordable housing or conversion to a community shop or re-use within the Corporate Estate (investment estate). None of these options were financially viable.

 

Disposal at Auction (recommended).

Publication date: 27/03/2023

Date of decision: 27/03/2023

Effective from: 04/04/2023

Accompanying Documents: