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Issue - meetings

Commercial Property Auction - Former St Peters Nursery,/ The Hollies, 43 King’s Gate -

Meeting: 22/11/2023 - Finance and Resources Committee (Item 19)

The Outcome of Commercial Property Auctions Pilot Project - RES/23/373

Decision:

(i)       note the outcome of the pilot trial of disposing of surplus Council property via a Commercial Property Auction;

(ii)      {redacted as it contained exempt information as described in paragraph(s) 9 of Schedule 7A of the Local Government (Scotland) Act 1973}; and

(iii)      instruct the Chief Officer - Corporate Landlord to put an annual report to Committee advising which subjects were put forward to auction and the outcome of this action.

Minutes:

With reference to article 13 of the minute of meeting of 17 May 2023, the Committee had before it a report by the Director of Resources which outlined the outcome of the pilot project for trialling the disposal of surplus assets through a commercial auction process.

 

The report recommended:-

that the Committee –

(a)      note the outcome of the pilot trial of disposing of surplus Council property via a Commercial Property Auction;

(b)      instruct the Chief Officer - Corporate Landlord to [redacted as it contained exempt information as described in paragraph(s) 9 of Schedule 7A of the Local Government (Scotland) Act 1973]; and

(c)      instruct the Chief Officer - Corporate Landlord to put an annual report to Committee advising which subjects were put forward to auction and the outcome of this action.

 

The Committee resolved:-

to approve the recommendations.