Disposal of Broadwaters site, Wick Lane. Bournemouth (change in sale price)
The site of Broadwaters, a former care home, was declared surplus and was marketed for sale in Spring 2019.
A preferred bidder with a residential offer was selected, however extensive discussions between the potential developers and the Local Planning Authority have resulted in a much smaller scheme being possible than was originally envisaged. This has in turn resulted in a reduced bid for the site. This report sets out the new sale price and requests approval to dispose of the site at that level.
Additional documents:
Decision:
This item was restricted by virtue of paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972.
The Leader of the Council presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'J' to these Minutes in the Minute Book.
Cabinet were informed that the site of Broadwaters, a former care home, located in a prime residential area was declared surplus and was marketed for sale as a redevelopment opportunity in Spring 2019. In relation to this a preferred bidder with a residential offer was selected, however extensive discussions between the potential developers and the Local Planning Authority have resulted in a much smaller scheme being possible than was originally envisaged which has resulted in a reduced bid for the site.
Minutes:
This item was restricted by virtue of paragraph 3 of Part 1 of Schedule 12A of the Local Government Act 1972.
The Leader of the Council presented a report, a copy of which had been circulated to each Member and a copy of which appears as Appendix 'J' to these Minutes in the Minute Book.
Cabinet were informed that the site of Broadwaters, a former care home, located in a prime residential area was declared surplus and was marketed for sale as a redevelopment opportunity in Spring 2019. In relation to this a preferred bidder with a residential offer was selected, however extensive discussions between the potential developers and the Local Planning Authority have resulted in a much smaller scheme being possible than was originally envisaged which has resulted in a reduced bid for the site.
Scrutiny of the Cabinet Report on the Disposal of Broadwaters, Wick Lane
To consider the Cabinet report on the Disposal of Broadwaters, Wick Lane which is scheduled for consideration by Cabinet on 9 September 2020.
The O&S Board are asked to scrutinise the report and make recommendations to Cabinet as appropriate.
The following Cabinet Portfolio Holder is invited to attend the Board for consideration of this item: Councillor Vikki Slade, Leader of the Council
Additional documents:
Minutes:
The Board considered the confidential report, a copy of which had been circulated to each Member.