Decision details

Former General Smuts Public House, 95 Bloemfontein Road, London, W12 now known as ' the Egyptian House '

Decision Maker: Cabinet

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: Yes

Purpose:

The report sets out the problems relating to the former pub use at this property.After discussions with the current tenant who has a long lease of the property it is recommended that negotiations are opened with the tenant to grant an extension of the current lease or sale of the freehold subject to a new development being satisfactorily constructed on the site.

Decision:

1.1       That approval be given to the disposal of the Council’s interest in 95 Bloemfontein Road to the incumbent lessee subject to the Council  ensuring that a satisfactory scheme of redevelopment has been satisfactorily completed.

 

1.2       That authority to negotiate and complete the detailed terms of the transaction be delegated to the Executive Director of Finance and Corporate Governance, the Director of Law, the Executive Director of Housing and Regeneration and the Director of Building & Property Management, providing that the terms achieved represent Best Consideration in compliance with s 123 Local Government Act 1972.

 

1.3       That if the head of terms are not agreed with a 12 month period, then the Council may withdraw the offer to negotiate.

 

Report author: Miles Hooton

Publication date: 11/12/2013

Date of decision: 09/12/2013

Decided at meeting: 09/12/2013 - Cabinet

Effective from: 16/12/2013

Accompanying Documents: