Decision details

Acquisition of Citygate House, St Margaret's Way, Leicester. LE1 3DA

Decision Maker: City Mayor (Individual Decision)

Decision status: For Determination

Is Key decision?: No

Is subject to call in?: Yes


To recommend approval for the acquisition of Citygate House, St Margaret’s Way for the sum as set out in the confidential Appendix B attached, plus £150k for professional fees and surveys.  This will be financed using a combination of Right to Buy Receipts, Allowable Debt and Prudential Borrowing, from existing budgets held within the HRA Capital Programme.


Approval of the acquisition of Citygate House as agreed in the confidential Appendix B plus £150k for professional fees and surveys.

Reasons for the decision:

To increase the supply of affordable housing within the HRA and to release pressure on permanent and temporary accommodation in the Housing Register.

Alternative options:

We continue to pursue all other funding routes for the provision of additional affordable housing.

Publication date: 02/04/2024

Date of decision: 02/04/2024

Effective from: 10/04/2024

Accompanying Documents: