Decision details

Disposals - 264 and 264a Cotterrels

Decision Maker: Assistant Director - Housing

Decision status: Recommendations Approved

Is Key decision?: No

Is subject to call in?: No

Purpose:

The nature of the property and its topography mean future rental and development are difficult.
Three previous buyers have pulled out after carrying out their own survey work, and wanting to reduce their offer price.
Buyer has agreed a purchase price of £295,000.

Decision:

To dispose of the council asset known as 264 and 264a Cotterells, Hemel Hempstead, Hertfordshire, HP1 1JP

Alternative options considered:

Option 1 - Sell - Invest proceeds back into DBC accounts.
Option 2 - Don't sell - Liable for future maintenance and extensive upgrades.
Option 3 - Do nothing - Incur further loss of rent and future costs.

Publication date: 16/07/2021

Date of decision: 15/07/2021

  • Restricted enclosure  View reasons restricted
  • Restricted enclosure  View reasons restricted
  • Restricted enclosure  View reasons restricted
  •